The Proposal of the Central Committee of the Communist Party of China on Formulating the 15th Five Year Plan for National Economic and Social Development, which was deliberated and passed at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China, for the first time included "accelerating the construction of a strong financial country" in the five-year plan proposal, and made comprehensive arrangements around this goal, including the proposal to "build a safe and efficient financial infrastructure". How to further build a good financial infrastructure in the future to help build a strong financial country? The reporter interviewed several industry insiders. The smooth operation of daily financial scenarios, from the "instant payment" of QR code payment, to the "one click communication" of cross-border investment, to the "fast approval" of small and micro enterprise loans, all rely on the support of financial infrastructure to promote efficient resource operation. As the "core skeleton" of the financial market, financial infrastructure is not only a "transit station" for various transactions, but also a cornerstone for maintaining financial stability and ensuring resource allocation. Its architecture design and regulatory effectiveness directly affect the quality of financial services and the smooth operation of the economy. Financial infrastructure is the "road bridge" for the operation of financial resource trading. Financial infrastructure refers to the system and institutional arrangements that provide fundamental public services for various financial activities. At present, China has gradually formed an infrastructure system that provides support for financial market trading activities such as currency, securities, funds, futures, and foreign exchange, with relatively complete functions and overall stable operation. The efficiency and quality of financial infrastructure services determine the effectiveness of pricing and resource allocation in financial markets. The higher the service efficiency and quality of financial infrastructure, the more timely the transmission of market information, and the more accurate the matching of fund supply and demand. Financial infrastructure is the foundation for the healthy operation of financial markets. Currently, major developed economies internationally have advanced and efficient financial infrastructure hardware, providing important support for the development of financial markets. Whether financial infrastructure is autonomous and controllable is related to many major issues such as the stability of national economic development, operational and capital efficiency, risk prevention and control, and national security. To build a strong financial country and construct a modern financial system with Chinese characteristics, it is necessary to accelerate the establishment of an independent and controllable financial infrastructure system, in order to further provide strong support for China's macro prudential management and strengthen risk prevention and control. ”Tian Xuan, Vice Dean of the Wudaokou School of Finance at Tsinghua University, said. Dong Ximiao, Chief Researcher of the China Merchants Association, believes that financial infrastructure is the underlying support for the stable and efficient operation of the financial system. The optimization goal is to build a "self controlled, safe and efficient" system, with key tasks including: strengthening overall planning and supervision, improving market access, regulatory standards and operational requirements, and providing solid guarantees for the operation of the financial system; Promote the construction of key facilities, such as strengthening the construction of RMB cross-border payment and clearing system, improving payment, custody, transaction reporting and other systems. At the same time, strengthen the service capabilities of financial credit information basic databases; Strengthen technological empowerment and security, utilize technologies such as artificial intelligence, big data, and blockchain, enhance forward-looking analysis of financial risks, and improve the security resilience of infrastructure itself. Further optimization of financial infrastructure requires upgrading from a "decentralized island" to a "digital intelligence hub". As the core platform of Beijing's data industry, the financial big data company under Beijing Data Group operates the Beijing Financial Public Data Zone, which has accumulated over 7.1 billion pieces of financial data; Based on the financial data zone, the annual usage of data products exceeds 250 million times. In terms of financial data resources, financial big data companies accurately outline the corporate image from the perspective of enterprise operation status, providing comprehensive support for financial institutions to carry out corporate financing services. They have provided data services to more than 60 financial institutions such as banks and guarantees, as well as more than 800000 operating entities, for over 560 million times. Empowering finance to be more inclusive and further optimizing financial institutions and infrastructure systems. We need to continuously optimize the financial institution system, promote various financial institutions to focus on their main business, improve governance, and develop in a differentiated manner, complementing each other's advantages and showcasing their strengths in effectively serving the real economy. Dong Ximiao believes that various policy measures should be taken to accelerate the guidance of financial institutions to compete and develop in a differentiated manner, and to become powerful financial institutions in the journey of accelerating the construction of a strong financial country. Policy oriented financial institutions should further focus on their main business, accurately connect with the long-term funding needs of major national strategies and weak links, strengthen countercyclical adjustment functions, and mainly do business that commercial institutions cannot or cannot do well. Joint stock commercial banks should form significant characteristics and comparative advantages in major business areas such as corporate business, retail business, and financial market business while doing a good job in national layout and services. Other non bank financial institutions, such as consumer finance companies and automotive finance companies, should leverage their professional operating advantages to deepen, refine, and excel in specific fields. Small and medium-sized financial institutions must return to their roots, serve the local community, and deeply cultivate the regional economy, with the main direction of doing a good job in inclusive finance. We need to accelerate the construction of a rural credit system. Xie Linghong, a researcher at the Institute of Agricultural Economics and Development of the Chinese Academy of Agricultural Sciences, said that financial institutions can sustainably carry out credit farmer, credit village, and credit township (town) creation activities, promote the construction of credit village demonstration points, strengthen the conversion and application of credit village and credit household data, support credit products, and innovate the launch of products that promote credit through credit and prevent risks through credit. Gradually expand the coverage of personal databases in rural areas, solve the problem of information asymmetry in rural credit, and ensure the smooth operation of the financing guarantee system. Put more effort into innovating rural financial products and services, develop more inclusive services for identifying, reviewing, and granting credit to agricultural business entities, and provide more credit support such as initial loans, credit loans, and non repayable loan renewals. In terms of financial products, we will continue to enrich the efficient and convenient financial supply centered on credit and insurance, serving the entire rural area, agricultural chain, and farmers. Commercial banks actively explore and promote the improvement of rural credit system in practice. Shao Jianyan, Deputy General Manager of the Business Management Department of Lucheng Rural Commercial Bank under the jurisdiction of Zhejiang Rural Commercial United Bank, said that the bank actively promotes the whole village credit service model and improves the credit evaluation system for farmers. Establish a village community grid visit mechanism with "one specialist per grid" for on-site office work, promote full coverage of information collection, complete household registration, grid division, and household enrollment, and cultivate a good rural credit environment through various flexible methods such as online operations and offline services. Longgang Rural Commercial Bank, under the jurisdiction of Zhejiang Rural Commercial United Bank, actively connects with nearly 14500 enterprises through special activities such as "visiting thousands and tens of thousands" and "assisting enterprises with large-scale visits", relying on grid services. At the same time, we will launch digital visits, establish standardized processes and inspection mechanisms, and improve service efficiency. Industrial and Commercial Bank of China and Zhejiang Supply and Marketing Cooperative deepen strategic cooperation, jointly building a three in one agricultural service system of "production, supply and marketing, and credit". ICBC Shangyu Branch will launch the city's first "Industrial and Commercial Chain Agricultural Loan" on December 19, 2025, providing an additional credit of 1 million yuan to grain specialized households. ICBC Shangyu Branch and Supply and Marketing Cooperative fully leverage their respective advantages to establish a service pattern of "complementary information and collaborative processes". The supply and marketing cooperatives provide "soft information" such as land contracting and agricultural material procurement, and cross verify with "hard information" such as credit information held by banks to jointly build a three-dimensional risk control profile, and improve efficiency through joint on-site visits. Tian Lihui, a finance professor at Nankai University, stated that optimizing the financial institutions and infrastructure system requires a dual wheel drive of "safety, efficiency, inclusiveness, and inclusiveness" to promote differentiation in the financial institution system and digitization of financial infrastructure. Further optimization of the financial institution system requires a shift from "homogeneous competition" to "differentiated empowerment". Ensuring the stable and secure operation of financial infrastructure occupies a pivotal position in the operation of financial markets, naturally possessing cross institutional, cross industry, and cross market characteristics, which is of great significance for the security and stability of the financial system. The stable operation of financial infrastructure itself has a global impact on the safe and efficient operation of financial markets and risk prevention. Once problems arise, they can easily trigger systemic risks. Financial infrastructure gathers complete, accurate, and real-time information on various financial activities, and is an important tool for financial management departments to implement macroeconomic regulation and penetrating supervision. At present, China's financial market adopts the principle of segmented regulation, with different regulatory departments managing different financial infrastructure. The "Measures for the Supervision and Administration of Financial Infrastructure" approved at the 9th Executive Meeting of the People's Bank of China held on May 23, 2025 stipulate that China's financial infrastructure management departments are the People's Bank of China and the China Securities Regulatory Commission. Among them, the People's Bank of China is responsible for the admission management of newly established payment systems, basic credit reporting systems, and interbank market financial infrastructure; The China Securities Regulatory Commission is responsible for the access management of newly established financial infrastructure involving securities, futures, and related activities; The People's Bank of China, in conjunction with other relevant departments, is responsible for the access management of other newly established financial infrastructure. Financial infrastructure that involves or may involve significant impact on the financial system or is deemed necessary by relevant departments must be approved by the State Council after approval. For foreign investments that affect or may affect national security, a foreign investment security review must be conducted in accordance with the law. Promptly improve and perfect relevant laws, regulations, and management measures, enhance the informationization requirements of compliance and internal control systems, implement mandatory risk disclosure requirements, and increase the punishment for illegal and irregular activities; Strengthen the construction of digital infrastructure, enhance the application of digital technology, improve the business service system, and continuously meet and lead market demand; Increase investment in infrastructure construction in areas such as green finance, inclusive finance, and RMB cross-border payments, and vigorously promote the construction of digital infrastructure such as information networks and big data platforms; By optimizing the communication and coordination mechanism between financial regulatory departments and other economic data production departments, we aim to create a more authoritative financial data aggregation hub and a leading data information service platform, promoting the multi-directional empowerment of data elements. ”Tian Xuan said. Tian Lihui stated that it is necessary to promote synergy between technology empowerment and prudent supervision. Implement the scenario based implementation of the "Five Great Articles", establish industry level data and model governance, promote privacy computing and federated learning; Improve the full chain framework of "institutional supervision+behavioral supervision+functional supervision+penetrating supervision+continuous supervision"; Establish a sound mechanism for early risk correction and coordination between the central and local governments, and enhance the coupling between macro prudential and micro prudential measures. (New Society)