Former President of the Bank of China, Li Lihui: The deep intelligence of finance must grasp the correct value orientation.

On November 13, Li Lihui, the former president of the Bank of China, stated at the Taihu World Cultural Forum Qiantang Dialogue that the deep intelligence of finance must grasp the correct value orientation. The first is the humanity of financial innovation. Financial innovation can only be competitive, have a market, be effective, and have value if it meets the financial needs of the general public, overcomes pain points and difficulties, achieves inclusive financial services and shared financial resources. The second is the reliability of financial innovation. Financial innovation must ensure the security of financial assets and financial data, as well as the reliability of financial transactions and financial services. The third is the economic nature of financial innovation. The optimal value orientation should promote mutual empowerment and collaborative integration between industry and finance, promote the structural and technological progress of industry, and optimize and upgrade the industrial chain and supply chain.