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What are the highlights of building a smart bank between ABC and Baidu?
On June 20th, the signing ceremony of strategic cooperation between China Agricultural Bank and Baidu was held in Beijing. Zhou Mubing, Chairman of Agricultural Bank of China, Li Yanhong, Chairman and CEO of Baidu, Guo Ningning, Vice President of Agricultural Bank of China, Zhu Guang, Senior Vice President of Baidu and other senior executives attended the signing ceremony and unveiled the "Joint Laboratory of Financial Technology" jointly established by both parties.

Senior executives of the two companies attended in person, which attracted much attention from the outside world. The signing ceremony, with the theme of "Opening the era of smart banks and creating the future of inclusive finance together", profoundly explained the complementary advantages and common pursuit of the two companies.

In the era of rapid development of financial Internet and digitalization, Agricultural Bank of China danced like an elephant and quickly embraced the era of Bank4.0. Zhou Mubing, chairman of the Agricultural Bank of China, said in his speech, "The rapid development of financial technology will bring profound changes to the financial industry. In the current market environment, it is timely for ABC and Baidu to establish strategic cooperation with financial technology as the main direction. The two sides will jointly incubate innovative products and services in accordance with the principle of complementing each other's advantages and learning from each other's strengths, build digital technology support capabilities, and promote the deep transformation of ABC's digital operation. "

Li Yanhong, chairman of Baidu, is full of expectations for the complementarity and potential of both parties. At the signing ceremony, he said, "China Agricultural Bank is one of the largest and most comprehensive financial enterprises in China, and it is also the most determined practitioner in inclusive finance. Baidu has the most advanced artificial intelligence technology in the world. As the most important application field of artificial intelligence, finance will promote the banking industry into the era of intelligent finance through the joint innovation of AI Fintech. "

He also said that at this stage, Baidu has formed a full-service ecological layout in the financial field. Baidu sends Pratt & Whitney to the countryside through education credit to help those who have financial difficulties but want to receive education. Baidu and Agricultural Bank of China have a high degree of fit in inclusive finance.