I am very pleased to attend the International Seminar on the Application of Credit Information Products in Managing Credit Risks of Commercial Banks. First, on behalf of the People’s Bank of China, I would like to express gratitude to our co-sponsor of this seminar, the International Finance Corporation.
Also, I would like to extend warmest welcome and gratitude to experts from abroad countries and delegates presenting here. Taking this opportunity, I would like to share with you my observations on several aspects. I. Credit information services have started to play a role in promoting China’s economic and financial development.