On December 14, the sixth Shanghai International Forum on CNI Xiangmi Lake Fintech Index themed "Building Digital Finance Together, Sharing Smart Ecology" was successfully held at the China Financial Information Center in Shanghai Lujiazui, hosted by China Pacific Insurance. Liu Xinyi, Chairman of the Shanghai Fintech Industry Alliance and President of Shanghai International Group, and Zhao Yonggang, President of China Pacific Insurance, attended and delivered speeches at the forum.
In his speech, Liu Xinyi pointed out that as an important member unit of the Shanghai Fintech Industry Alliance, China Pacific Insurance always adheres to the concept of 'co-construction, co-creation, sharing, and win-win', and jointly led the establishment of the Smart Finance Special Committee with member units HAITONG SEC and Shanghai Rural Commercial Bank, actively supporting the development of the alliance and promoting cooperative win-win in Shanghai's fintech industry ecosystem.
In his speech, Zhao Yonggang stated that China Pacific Insurance has made the Big Data strategy one of the three core strategies of the company and has launched the DiTP planning for the smart insurance, focusing on cultivating five capabilities: governance and control, independent research and development, data services, platform collaboration, and innovative transformation, fully empowering the quality and efficiency improvement of financial services.
Gathering together, blending wisdom, and colliding thoughts.
Guests from more than 30 Financial Institutions, technology companies, research institutions, and higher education institutions gathered together to share cutting-edge concepts, practical experiences, and innovative achievements in the field of digital finance.
Consulting experts from Gartner Consulting (Peking) analyzed the ten major strategic technology trends globally for 2025 released by Gartner, while technical experts from Huawei summarized the experiences and methodologies of Huawei in the deployment of large model scenarios; blockchain experts from China Pacific Insurance also shared practical applications of blockchain technology in the insurance field.
During the roundtable discussion, six technology experts from different industries focused on the cutting-edge issue of 'knowledge data governance and operation for large model applications,' engaging in exciting exchanges of ideas.
Innovative layout, planning leadership, fruitful results.
At this forum, China Pacific Insurance released five significant innovative achievements, including the risk-reduction-centered "Insurance + Services + Technology" new model "Taihao Ladder Intelligent Elevator Insurance Comprehensive Solution" and "Cybersecurity Insurance Risk Escort Platform"; a new investment research for technology-enabled risk management, the "Non-Standard Credit Risk Early Warning Model"; application results based on a large model, the "Health Insurance Claims Review Assistant"; knowledge achievements that gather the wisdom of Taibao'sinfrastructure experience, the first technical monograph in the financial industry to guide the upgrade of the infrastructure database, "Practical Transformation of Financial Databases."
Since August 2023, China Pacific Insurance has launched the DiTP plan with the vision of "building industry-leading intelligent digital capabilities to empower the company's high-quality development." Over the past year, by solidifying the three major technological core capabilities of "enterprise architecture, CNI Data Factor Index circulation mechanism, and Asia Vets operation," building a large model capability platform, and advancing cutting-edge research and application development in multiple areas such as new services, new customer groups, new operations, new risk control, and new investment research, the latest innovative achievements released this time all align with the guidance of the DiTP plan.
The innovative capabilities of China Pacific Insurance benefit from the technological system and mechanism reforms and innovative layout made years ago. Since 2020, China Pacific Insurance has regarded the Big Data strategy as one of the three core strategies of the company, establishing China Pacific Technology and China Pacific Intelligent Research Institute, completing the layout of "two locations and three datacenters" in Shanghai Luojing, Songjiang, and Chengdu, and establishing a collaborative governance system for technology that integrates "management, research, and application," further sparking the vitality of technological innovation from a system and mechanism perspective. In 2024, China Pacific Technology was also included in the State-owned Assets Supervision and Administration Commission's list of "Science and Technology Reform Enterprises," becoming the first insurance technology enterprise to enter the list.
Strong alliance, co-creation, and shared wins.
The forum released the first national "China Smart Finance Development Report 2024," co-created by the Shanghai Financial Technology Industry Alliance's Smart Finance Professional Committee and the China Academy of Information and Communications Technology, and recognized 11 outstanding research projects conducted by the Smart Finance Professional Committee in 2023.
The forum also held the unveiling ceremony for intelligent innovation, where the top three enterprises in the financial industry, China Pacific Insurance, Shanghai Pudong Development Bank, and GTJA, formed a strong alliance to share technological achievements and security control experiences, collectively promoting deep innovation in financial technology and ecological construction.
At this forum, China Pacific Insurance held a grand signing ceremony with Shanghai SenseTime Intelligent Technology Co., Ltd. and Shanghai Kupas Technology Co., Ltd. In the future, China Pacific Insurance will engage in deep cooperation with the two technology companies in the field of financial large models, jointly promoting the technological and business integration upgrade to empower the industry ecosystem.
This forum further consolidated the consensus that financial technology empowers high-quality financial development. Next, China Pacific Insurance will unswervingly continue to increase investment in the field of financial technology, continuously innovate, surpass itself, actively embrace the new trend of open win-win cooperation in the digital economy era, and continuously enhance the quality and efficiency of financial services, assisting in the construction of a strong financial country.
