Luohu unveils top financial innovation projects to propel sector reform
To implement the deployment of deepening the financial system reform made by the third plenary session of 20th Central Committee of the Communist Party of China, the first results release event for the Hongling Financial Innovation Demonstration Projects was held in Luohu District on Aug. 28, as part of the "Hongling Financial Innovation Chapter" series.
After rigorous evaluation by 30 expert judges and receiving 3 million public votes, 18 projects stood out. These projects cover areas such as technological advancements in digital RMB applications, enhanced financial services for Hong Kong and Shenzhen residents, technology-driven financial efficiency improvements, and green finance initiatives supporting corporate ESG transformation.
The Hongling Financial Innovation Demonstration Projects focus on five key areas of financial development in Luohu: digital RMB, cross-border finance, fintech, empowering the real economy, and social impact finance. The projects aim to enhance financial services in critical and underdeveloped sectors, driving deep interaction and practical application between finance and the real economy.
Zuo Jinping, deputy secretary of the CPC Luohu District Committee and district mayor of the Luohu District People's Government, emphasized that the event aims to identify innovative financial measures and practical achievements, distill exemplary methods and reference experiences, and contribute to the path for financial development with Chinese characteristics, making financial innovation a hallmark of Luohu.
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