On February 13, the Beijing Artificial Intelligence (AI) Industry Innovation and Development Conference, that is, the first regular activity of the 2023 Zhongguancun (ZGC) Forum, was held at the Beijing ZGC Exhibition Center. Liu Wenchuan, Party Secretary of the School of Finance of CUEB, Zhao Daping, Deputy Dean of the School of Finance, and Yu Yingfeng, Director of the Fintech Research Center, were invited to this event.

At the meeting, CUEB, as well as Peking University, Tsinghua University, Renmin University of China, received the Ascend AI computing equipment provided by Beijing’s Mentougou District Government and Huawei. In addition, our school was listed as one of the first 47 cooperative units of the Beijing Ascend AI Computing Center.

CUEB, as the first batch of research institutions to receive domestic computing equipment of high-performance, shall work in close partnership with the Mentougou District Government and Huawei to develop a grand "AI + FinTech" model based on domestic AI computing hardware, so as to maximize domestic computing power and facilitate the integration of AI+financial innovative application scenarios with algorithm models. Our FinTech Research Center is committed to applying the financial algorithm model to domestic chips, and tapping into the optimal computing of domestic hardware equipment to expand its financial ecology.

In the meeting, the Beijing Municipal Bureau of Economy and Information Technology released the Beijing White Paper on the Development of the AI Industry in 2022, and the Beijing Ascend AI Computing Center was officially launched. Shu Wei, Deputy Secretary of the Party Leadership Group, full-time Vice President, and Secretary of the Secretariat of the China Association for Science and Technology (CAST), Yu Yingjie, member of the Party Leadership Group of the People’s Government of Beijing Municipality and Deputy Mayor of Beijing, He Defang, Deputy Secretary General of the Ministry of Science and Technology of the People's Republic of China, Liao Xiangke, academician of the Chinese Academy of Engineering, other leaders and experts in related fields attended the meeting and delivered speeches.

These years, the School of Finance has developed many innovative financial courses, such as "Application of Quantum Computing in Finance", "Financial Chip and Algorithm Design", "Blockchain and Smart Contracts Development", "Machine Learning and Quantitative Investment", "Advanced Machine Learning Algorithms and Finance" and "An Introduction to Quantitative Finance", in a bid to serve Beijing’s high-standard development as "Two Zones" (an integrated demonstration zone for further opening up the national service sector and a pilot free trade zone ) and "Global Digital Economy Benchmark City". In addition, we have run some relevant research focusing on these innovative courses. All of these are gaining more recognition from top tech companies and financial institutions, providing a new financial intelligent computing platform for the Capital’s economy.