A Team Led by Professor Chengde Fu Visits Huasheng Gao Visits XW Fintech, Engages in an In-depth Discussion on the Future Development of Fintech and Related Cooperation

Release time：2021-05-21    

With the COVID-19 epidemic coming gradually under control, China’s economy has been progressively reviving and enterprises are returning to more normal operations. FISF Education Service Center (ESC) L&T Program recently started a new journey of Enterprise Visits. On October 16^th, with the strong support of FISF Professional Development Center (PDC for short), a team of over 10 FISF professors and staff led by Professor Huasheng Gao, Deputy Dean of Faculty and Research, visited XW Fintech Co., Ltd.

Zixia Sheng, President of XW Fintech, Yingzhao Zhou, Director of Comprehensive Department, Bingyi Zhang, Director of Risk Strategy Department, and Aimin Pan, Director of Financial Product Department & Innovative Cloud Data Department, attended this activity and expressed a warm welcome to the professors. It is noteworthy thatPresident Zixia Sheng is an alumnus of Fudan University and Risk Strategy Department Director Bingyi Zhang is a part-time student of the first session class of FISF FMBA.

During the activity, Dean Huasheng Gao first introduced the background meaning of the visit, a recent development and future planning of FISF as well as general student information and cultivation goals of various programs. He also expressed their expectations of more cooperation in various aspects like recruitment and research. Ever since establishment, FISF has been aimed at “world-class academic research and discipline construction, world-class teaching projects and high-end talent cultivation and world-class thinktank research and social influence”. Based on the “Three World-class” goal, FISF specially put forward the L&T program (Learning & Teaching Program) to practice the concept of establishing an excellent center of financial education and promote the seamless connection between top faculty resources and the school-running concepts in order to give full play to the professors. The L&T program has been conducted in diversified platforms, including online and offline training, teaching stage meetings and classroom observation. Besides, enterprise visits are another critical form, aiming to enhance the communication and interaction among the financial industry, the real economy and FISF professors, promote university enterprise cooperation and enable financial graduates nurtured by FISF to better serve the real economy.

Next, President Zixia Sheng introducedthe mode exploration and business practice carried out by XW Fintech in its service to medium, small and micro-sized enterprises in the field of supply chain finance through technological instruments. Concerning development trends of fintech, Sheng held that science and technology constitute a primary productive force, and technology-driven financial innovation and development is an inevitable trend. The core of fintech is pure financial information services. Whether in the credit field or the investment field, achieving value-added services through information processing is the focus of future efforts, which is also the foundation for XW Fintech to acquire phased success. The double-engine and combined-boxing mode of “technology plus financial license” can further strengthen financial services, bringing an overall improvement to technological innovation, product services and customer experience, etc.

In exchanges with Professor Cheng-Der Fuh and Director Jibing Shen on topics like fintech professional cultivation, President Zixia Sheng believed that the construction and cultivation of students’ basic abilities is extremely important. Apart from mastering high-end financial knowledge, students should also obtain a large compendium of knowledge in a wide range during their school learning, including artificial intelligence, machine learning and programming languages such as the R language, SAS, Python, Matlab and SQL database, so as to make full preparations for future engagement in fintech industries. As a commercial institute, XW Fintech lays much emphasis on employees’ commercial awareness. He wishes students equip themselves with capabilities of “financial knowledge plus commercial awareness plus understanding of hi-tech products” and be able to transfer their academic power to business productivity.

Additionally, professors also conducted in-depth discussion and exploration with President Zixia Sheng on hot issues, including the application of technological instruments like satellite remote sensing and knowledge map, financial service modes in industrial scenarios, fintech business modes and the influence of digital currency issued by the central bank on Ant Group and Alipay.

Professors taking pictures with senior management of XW Fintech

The Enterprise Visit Exchange is another attempt of L&T Program to go out of campus and deep into communication and cooperation with industries. In last year’s L&T Program Enterprise Visits, professors paid visits to Industrial & Commercial Bank of China, HSBC Jintrust Fund Management Company Limited, Orient Asset Management Co., Ltd. and many other representative financial institutes. L&T Program is aimed to inspire the teaching and research of professors through a series of enterprise visits and constantly nourish and provide financial talents “keeping pace with the times, long-lasting and of great use” for the society.