Deputy Governor of the Central Bank Zou Lan: Financial institutions need to solidly promote the nationwide implementation of a new round of key system technology upgrades and replacement solutions.

Zou Lan, Deputy Governor of the People's Bank of China, stated that the next step is for financial institutions to solidly promote the nationwide implementation of a new round of key system technology upgrades and replacement solutions. Firstly, large institutions need to complete the replacement work of existing systems well, improve work quality and efficiency, ensure the safe operation of systems, and achieve smooth transitions. Secondly, small and medium-sized institutions should learn from the advanced experience of large institutions, strengthen experience exchange and technical assistance, and prevent the risks of implementing replacement work. Thirdly, in the process of promoting independent and controllable progress, it is necessary to drive the upgrade of product quality on the supply side through application implementation, continuously improve implementation methods and technological levels, and ensure the overall safety and reliability of the industrial chain.