Huang Qifan: Industrial Internet is the foundation for solving the difficulties and high costs of financing for small and medium-sized enterprises.

Huang Qifan, the academic advisor of the China Finance 40 Forum and former mayor of Chongqing, attended the Tsinghua Wudaokou Global Financial Forum in Shenzhen on the 18th and stated that the highest level of Internet application is industrial Internet, which is a cluster of industrial chains formed by "1+10" productive service and manufacturing industry sectors all being covered by the Internet. Once the "postage" is achieved, financial technology will be a killer solution for solving the financing difficulties and high costs faced by small and medium-sized enterprises. Now, entering the era of industrial Internet dominated by artificial intelligence, industrial Internet will inevitably solve the most difficult problems faced by humans, such as financing difficulties and high costs for small and medium-sized enterprises. "In this sense, discussing financial technology means discussing financial technology based on industrial Internet. Without the support of industrial Internet, all claims that financial technology can solve the problems of financing difficulties and high costs are actually impossible to achieve."