PANews reported on December 26th that, according to Cailian Press, the General Office of the State Financial Regulatory Commission issued the "Implementation Plan for High-Quality Development of Digital Finance in the Banking and Insurance Industries." The plan emphasizes the continuous promotion of new technology applications. It calls for actively exploring innovative applications of cutting-edge technologies such as quantum computing, BeiDou satellite technology, blockchain, and virtual reality/augmented reality in the financial sector. The plan also supports financial institutions in building enterprise-level technology platforms for big data, the Internet of Things, and privacy computing, and strengthens cooperation with national strategic scientific and technological forces in industry-academia-research-application collaboration to accelerate the transformation of scientific and technological innovation achievements.

