The Fifth TSquare Technology Convention was held in Beijing on September 1, focusing on the changes of the financial market and the opportunities and challenges brought by financial technology.

Liu Kefeng, chairman of Zhongguancun Science Park, said the convention was intended to help enterprises choose wisely from among technological development trends.

Three sessions were set during the conference -- recognizing the direction, learning the trends and practicing. Experts and scholars analyzed the reasons for market disruption and the influence of emerging technology and shared popular technologies such as block chains, artificial intelligence and machine learning on market changes.

Gao Jiansong, managing director of Thomson Reuters in China, said financial markets have pushed technology to evolve and vice versa. He hoped that the TSquare convention would enable knowledge-sharing and promote technologies to further that process.

He Hua, director of Thomson Reuters in China's financial and risk marketing department, gave a speech on the future of China's foreign exchange market and the development of global financial technology.

He said, "Limited investment and financing methods in traditional financial markets, the rapid development of the Internet, the regulatory gaps and the big customer base lead to a wealth of financial technology. Big data will be widely used in various subdivided fields and some unprecedented techniques such as block chains will be adopted. "

More than 600 leading figures and industrial experts from financial, scientific, technological, business and academic circles attended the event.

The TSquare Convention, first held in 2012 by Zhongguancun Science Park and Thomson Reuter, has become a platform for entrepreneurs, businessman and experts to exchange experiences and discuss issues on advanced technologies that seek to reform financial structure.