Chairman of SPDB Mr. Zhang Weizhong: The financial industry and artificial intelligence mutually empower each other

On June 18, at the 2026 Lujiazui Forum "Plenary Session VI: Empowering Financial High-Quality Development with Technological Innovation", Zhang Weizhong, chairman of Shanghai Pudong Development Bank, stated that the relationship between the financial industry and artificial intelligence is fundamentally different from that of artificial intelligence with other industries, in that it is a "two-way empowerment". Zhang Weizhong said that on one hand, the financial industry actively embraces cutting-edge technology. Due to the rich application scenarios, technology intensity, and large service groups in the financial industry, there will inevitably be rapid advancement in the application of artificial intelligence technology. On the other hand, the financial industry supports and empowers the development of the technology industry in return. Currently, artificial intelligence is at the forefront of the era, and financial institutions will certainly vigorously support the development of artificial intelligence through risk investment, science and technology innovation loans, capital markets, and insurance protection mechanisms.