The 2016 Anting International Auto Finance Forum was held in Anting, Jiading district of Shanghai, on Oct 13 and 14.

Sponsors of the event were the Shanghai Automotive Industry Financial Center, Roland Berger, a leading global consultancy, Jianyuan Financing Lease Co and the magazine Auto Business Review.

Shen Huadi, deputy head of Shanghai's Jiading district, delivers a speech at the 2016 Anting International Auto Finance Forum on Oct 13. [Photo/jiading.gov.cn]

More than 600 financial professionals participated in the forum and discussed the latest developments and trends in car sharing and financial technology.

The event included five discussions between industry leaders, covering topics of auto finance in the new era, second-hand cars, Internet, big data, financial technology, and the integration of auto finance and auto insurance.

The 2016 Report on China Auto Finance and a ranking list for Chinese auto finance institutions were also released by the Roland Berger and Chinese consultancy TNS Sinotrust to make the forum more authoritative and attract more financial institutions.

Participants of the 2016 Anting International Auto Finance Forum held in Anting town, Jiading district, Shanghai, Oct 13-14. [Photo/jiading.gov.cn]

Shen Huadi, deputy head of Jiading district, attended the event and explained Anting's strengths in the entire auto industry, covering manufacturing, R&D, finance, trade, tourism, and culture.

Shen pointed out that new energy and smart vehicles are the industry's future development directions and finance will play an importance role. The forum was consequently aimed at promoting the integration of the auto and finance industries.

This is the third year the forum has been held. Each year it inspires more people to take an interest in auto finance. Its organizers said that they expect to improve the competitiveness of the local auto industry and attract more companies on the auto industrial chain to settle in Anting through such events.