China issues 50-year special treasury bonds worth 35 billion yuan
Posted: Sun Jan 19, 2025 5:05 am
"China's leadership in digital banking transformation puts it at the forefront of intelligent risk control ," Yang said, adding that banks such as Industrial and Commercial Bank of China and Agricultural Bank of China have developed their own LLM platforms for intelligent risk and transaction control.
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Robo-investment advisers have become widespread in the United States, and Chinese online securities trading platforms such as Eastmoney and Tonghuashun have also launched intelligent dialogue services based on LLM, Yang said.
Intelligent customer service is a priority for financial institutions as they have a large user base and immediate demand. AI-powered investment research is increasingly attracting interest from both domestic and international investment companies, the expert added.
However, despite all the progress, the regulatory framework and ethical luxembourg email address standards for the use of AI in finance are still under development, experts say.
“ The AI era can be compared to fundamental infrastructures such as water and electricity, which require global cooperation. While the United States leads in model development, China is quickly catching up, making significant advances in AI patents and applications ,” Yang said.
As a judge at the HICOOL Global Entrepreneurship Competition held in June, Yana noted the strong presence of overseas projects, highlighting the potential for global collaboration. She sees a promising future for China-US AI cooperation, which will benefit global AI development and promote the formation of a responsible AI ecosystem.
“Joint efforts and exchanges between experts from both countries can lead to mutual progress and innovation in the financial sector,” Yang added.
Read more CHINA NEWS
Robo-investment advisers have become widespread in the United States, and Chinese online securities trading platforms such as Eastmoney and Tonghuashun have also launched intelligent dialogue services based on LLM, Yang said.
Intelligent customer service is a priority for financial institutions as they have a large user base and immediate demand. AI-powered investment research is increasingly attracting interest from both domestic and international investment companies, the expert added.
However, despite all the progress, the regulatory framework and ethical luxembourg email address standards for the use of AI in finance are still under development, experts say.
“ The AI era can be compared to fundamental infrastructures such as water and electricity, which require global cooperation. While the United States leads in model development, China is quickly catching up, making significant advances in AI patents and applications ,” Yang said.
As a judge at the HICOOL Global Entrepreneurship Competition held in June, Yana noted the strong presence of overseas projects, highlighting the potential for global collaboration. She sees a promising future for China-US AI cooperation, which will benefit global AI development and promote the formation of a responsible AI ecosystem.
“Joint efforts and exchanges between experts from both countries can lead to mutual progress and innovation in the financial sector,” Yang added.