Boston Consulting Group's He Dayong: Industrial finance is the biggest incremental business for banks' corporate business in the future.

On November 19th, the 19th Shenzhen International Financial Expo opened, and the "2025 China Financial Institutions Annual Conference and China Banking Industry Annual Conference" were held simultaneously. He Dayong, Managing Director and Global Senior Partner of Boston Consulting Group, said in his keynote speech that looking ahead to the "15th Five-Year Plan", the major growth areas for the banking industry are corporate industrial finance and retail digital operations. He believes that industrial finance is the biggest opportunity for banks in the future in the corporate sector. In the past five years, around 30,000 new high-quality productive enterprises in China have received funding from the government and capital markets. By screening the national new quality productive industries, banks can build a solid customer base for the next 10 years, and at the same time bring the largest amount of new business to retail banks and financial markets. He Dayong analyzed that the second opportunity for banks in the future is the digital transformation of retail operations. Currently, retail banks have transitioned from experience-driven to data-driven operations. After years of investment, the infrastructure for mobile banking in banks has been established, and the focus in the next phase will be on digital operations. The key is whether technology has formed an agile mechanism for retail digital operations.