Under multiple pressures, the Chinese economy has gone through an "extraordinary" year in 2024, and the results are encouraging.
As the annual barometer of China's economic work, the Central Economic Work Conference held in December has attracted much attention. Among them, the meeting called for the implementation of a more proactive fiscal policy and a moderately loose monetary policy by 2025, and to strike a good policy "combination punch"; Emphasize stabilizing the real estate and stock markets, preventing and resolving risks and external shocks in key areas; And it has been determined that by 2025, we will focus on nine major tasks, including vigorously boosting consumption and expanding domestic demand in all aspects.
How do you view the current economic situation? How to do economic work in 2025? We have launched a special report titled 'Looking Up at 2025', inviting regulatory authorities, renowned scholars, and leading entrepreneurs to jointly interpret the information conveyed by the Central Economic Work Conference and their confidence in the economy by 2025.
For enterprises, what measures will be taken to vigorously boost consumption and other issues proposed at the Central Economic Work Conference? What are the strategic development goals for 2025? The New Beijing News Shell Finance reporter interviewed Wu Haisheng, CEO of Qifu Technology, on this matter.
Qifu Technology CEO Wu Haisheng. Respondent provided pictures.
New Beijing News Beike Finance: The Central Economic Work Conference proposed to vigorously boost consumption, improve investment efficiency, and comprehensively expand domestic demand. What specific measures will Qifu Technology take?
Wu Haisheng: Qifu Technology will actively respond to the spirit of the Central Economic Work Conference, take a series of specific measures to boost consumption and expand domestic demand, strengthen cooperation with real economy enterprises, provide more efficient financing services for enterprises through financial technology, help enterprises expand production and innovate development, indirectly promote the prosperity of the consumer market, and form a virtuous cycle of consumption and investment.
Qifu Technology will continue to increase its research and development investment in the field of financial technology, utilizing advanced technologies such as AI big models to optimize credit service processes, improve service efficiency and quality, provide consumers with more convenient and personalized service experiences, and meet their diversified consumer credit needs. At the same time, Qifu Technology will actively cooperate with more scene parties to carry out embedded financial services, reach consumers through multiple channels, and launch more consumer credit discount activities to stimulate consumption growth.
Qifu Technology will also strengthen financial support for small and micro enterprises, build knowledge graphs through big model technology, introduce multimodal data fusion technology, help small and micro enterprises solve financing problems, promote their development and growth, thereby driving employment and increasing consumption. In 2024, the quota for small and micro enterprises included in the knowledge graph increased by 19.8% compared to the previous year. At the same time, Qifu Technology will further improve its risk control system to provide strong support for boosting consumption and expanding domestic demand.
New Beijing News Beike Finance: What are the strategic development goals of Qifu Technology in terms of performance growth, product innovation, business lines, etc. by 2025?
Wu Haisheng: In terms of performance growth, Qifu Technology will continue to focus on its core business, improve operational efficiency, and achieve steady performance growth through refined operations and cost control. At the same time, actively strengthen cooperation with various financial institutions, major Internet platforms and other partners, and jointly explore new business growth points. It is expected to continue to maintain a good development trend in 2025.
In terms of product innovation, Qifu Technology will take AI big models as the core, continue to carry out technological innovation and product iteration, increase research and development investment, launch more innovative measures, and improve services. To further improve the AI companion Xiaoqi and enhance its responsiveness to user needs; Optimize the digital inclusive credit solution FocusPRO to assist financial institutions in enhancing their service capabilities in the field of small and micro credit.
New Beijing News Shell Finance Reporter Jiang Fan