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Tang Zhihong, Vice President of China Merchants Bank, said yesterday at the 3rd Online Supply Chain Finance Promotion Conference held by China Union for Promoting Innovative E-Commerce that the new technologies will boost online supply chain finance and help commercial banks to provide more financing support for the growth of SMEs .
Tang Zhihong pointed out that mobile Internet, big data, cloud computing and Internet finance are becoming the key drivers of China's economic growth under the new normal as the emerging technologies represented by these terms are becoming more and more integrated with the real economy. The "online supply chain finance" is based on new technologies such as mobile internet, cloud computing, big data and internet of things. It helps the real economy in the fields of payment and settlement, trade financing and other fields with the help of virtual economy, Explore sustainable development in global competition and provide convenient financing services for the growth of SMEs.
It is reported that China Merchants Bank has been committed to supply chain financial services and platform innovation and construction, with the changes in the market and the environment, and actively promote the upgrade of supply chain financial services. According to Tang Zhihong, "Smart Supply Chain Finance 3.0" created by China Merchants Bank is an important achievement made by China Merchants Bank after it first integrated the establishment of the trading banking department in the industry.
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