Zhang Hui, President of Bank of China: Finance helps to develop new quality productivity, and the key is to do a good job in the Financial Technology article.

According to the Gate News bot, as reported by Jin10, on June 19, Zhang Hui, Vice Chairman and President of the Bank of China, stated at the 2025 Lujiazui Forum that financial support is crucial for developing new productive forces, and it is key to focus on the major aspects of Financial Technology.

Zhang Hui stated that to effectively develop the big topic of Financial Technology, three key issues need to be addressed: first, technological achievements must be industrialized from the laboratory, going from 0 to 1, and then from 1 to N. There is significant uncertainty in this process. However, finance often seeks expected certainty, and discrepancies in expectations can easily lead to misallocation of financial resources.

Secondly, traditional financial logic places greater emphasis on cash flow and financial indicators. In contrast, the core value of technology companies lies in technology, which raises higher requirements for the professionalism of financial institutions when conducting value assessments.

Thirdly, the demand for the entire chain of industrialization in technological innovation is comprehensive, but financial institutions often provide singular financial products and services. To enhance collaborative service capabilities and open up funding supply channels, financial institutions need to do more work.