Financial Regulatory Authority: Encouraging the use of technologies such as blockchain to develop supply chain finance and promote high-quality development of digital finance

According to Zhito Finance, the General Office of the National Financial Supervision Administration has issued the "Implementation Plan for the High-Quality Development of Digital Finance in the Banking and Insurance Industries." The plan proposes to serve the development of advanced manufacturing.

Utilize industrial internet and industrial knowledge graphs to enhance data collection, analysis, and application capabilities in manufacturing enterprises' production transactions, warehousing, logistics, and other aspects. Strengthen credit support for the digital transformation of manufacturing, and use technologies such as big data and blockchain to standardize the development of supply chain finance, actively connecting with the financing needs of upstream and downstream enterprises in the industrial chain. Actively use digital technology to provide insurance compensation services for major technical equipment and first batches of new materials, enhancing the ability to prevent safety risks.