Everbright Group Chairman proposes use of fintech in cloud-based loans

On the afternoon of May 22, financial institutions should strengthen their responsibility to better serve the real economy, said Li Xiaopeng, member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), chairman of the China Everbright Group Co., Ltd., and secretary of the Party Committee in a CPPCC group discussion.

On the afternoon of May 22, financial institutions should strengthen their responsibility to better serve the real economy, said Li Xiaopeng, member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), chairman of the China Everbright Group, and secretary of the Party Committee in a CPPCC group discussion.

He said financial institutions should strive to achieve increments and continue to expand the scale of loans to private enterprises, small and medium-sized enterprises;

They should strive to achieve “cost reduction”, strengthen self-management, save management costs, and actively respond to the impact of the epidemic;

They should strive to achieve “convenience” for the public, that is, the use of financial technology, the development of cloud-based loans, contactless loans and other convenient services.

Finance, FinTech

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/25/everbright-group-chairman-proposes-use-of-fintech-in-cloud-based-loans/.

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