Director of the Credit Information Administration Bureau of the People's Bank of China: Deepen the application of big data, AI, blockchain, etc. in the credit reporting field

PANews news on April 2nd, according to Beijing Business Daily, on April 2nd, the State Council Information Office held a press conference to introduce the situation regarding the improvement of the social credit system. At the conference, Ren Yongmei, Director of the Credit Management Bureau of the People's Bank of China, stated that in recent years, the People's Bank has continuously optimized the credit market layout, vigorously developed a multi-level credit market, and broadly covered the credit needs of the entire society. Regarding the next steps, Ren Yongmei said they will strengthen data technology empowerment, actively seize the opportunities for new productive forces development, deepen the application of new technologies such as big data, artificial intelligence, and blockchain in the credit field, fully release the value of data elements, and achieve high-quality development and high-level safety in the credit industry.