Special Topic: Global Wealth Management Forum · 2025 Shanghai Suhe Bay Conference On October 18, Financial First Line reported that the Global Wealth Management Forum · 2025 Shanghai Suhe Bay Conference is being held from October 18 to 19 in Jing'an District, Shanghai. Liu Cheng, Chairman of CSC, attended and spoke at the event.

Liu Cheng stated that currently, a new round of technological and industrial revolution is accelerating worldwide, deeply reshaping various sectors of society. The competitiveness of enterprises, industries, and the national economy in the future will depend on this reshaping in various aspects, including cost, efficiency, and quality, and will inevitably present a new development pattern. Liu emphasized that technological innovation and progress are transforming the economic industry and social governance pattern, ultimately achieving long-term growth of the national economy, crossing the "Malthusian trap," and moving towards sustainable economic modernization. In the grand journey of the technological and industrial revolution, financial institutions and the financial industry are undergoing revolutionary reshaping. From stock exchanges to modern commercial banks, and from insurance companies to venture capital mechanisms, all have witnessed the adjustment and transformation of the financial sector and institutions driven by the technological and industrial revolutions to align with the demands of the new era. Discussing the core task of the current transformation in financial services, Chairman Liu stated that digital transformation is key. The ultimate goal is to achieve an organic integration of digital finance and the digital economy, specifically manifested in providing "comprehensive, fast, accurate, and high-quality" services. This includes advancing its own digital transformation as well as the digital transformation of its clients. In terms of its own digital transformation, it needs to promote the comprehensive intelligence upgrade of AI large models, explore new modes of human-machine collaborative operations, and optimize multi-scenario applications; in serving clients' digital transformation, it must practice the concept of technology finance, providing comprehensive services for the entire product lifecycle and all-around investment and financing support.