Cooperation between Russia and China in the field of innovation and financial technologies creates great opportunities for investment and development of advanced products and services for businesses and the population of both countries, said Vera Podguzova, Senior Vice President,Director of External Relationals at PSB.The statement was made at the plenary session of the Russian part of the Russian-Chinese Friendship, Peace and Development Committee.
"In the era of rapid development of digital technologies, our countries, using the unique expertise of national technology companies and banks, are actively developing projects in the field of digital currencies, artificial intelligence and new Fintech platforms. But such a rapid development of technology requires new knowledge and skills from people for the safe and effective use of financial instruments", the press service of the PSB quotes Podguzova.
Financial literacy is an important condition for creating sustainable economies, and here Russia and China also have great potential to work together and share their accumulated experience, the bank's top manager pointed out.
"For example, our bank, together with the Council of the Eurasian Women's Forum, under the patronage of the Federation Council, is implementing a large educational program 'Leadership in women's Investments', similar educational programs are developing in China. I am sure that the active cooperation of our countries in the field of financial education will teach citizens to use innovative services more effectively and with greater benefit, and, importantly, will significantly increase the protection of people from potential scammers", concluded Podguzova.