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Big data helps commercial financing

( chinadaily.com.cn ) 2019-02-26

The big data production and integration service platform in Jiading district has proved a successful solution to financial support for small and medium-sized enterprises.

Built in 2017 by the Economic Committee of Jiading district, the platform has cooperated with 31 financial institutions and 1,098 enterprises. Seventy-three companies have received a total investment of 582 million yuan ($86.6 million).

Based on mobile internet, big data, cloud computing and artificial intelligence, Jiading's production and integration service platform aggregated industry, finance and policy resources to bridge government, enterprises, and financial institutions and improve the effectiveness of the financial services of the real economy.

"We asked for help for expansion of our plants on the platform. It is surprising to achieve a credit loan of 3 million yuan very quickly", said a person in charge of a local manufacturing company.

The convergence of technologies such as big data, cloud computing, and artificial intelligence will become a major trend in the next few years, and Jiading district will continue to help support the application of new technologies.

MAIL TO DISTRICT CHIEFjiading@jiading.gov.cn

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