Xinhua Finance Exclusive Interview | GBASE: Leading Digital Innovation, Accelerating Financial Integration in the Global South

As the cooperation mechanism between China and the Global South countries deepens and improves, the demand for digital construction and transformation in these countries will be fully tapped and met. During this process, GBASE's GBase database will provide a solid digital foundation to support the IT systems of users across various industries.

At the recently held 2025 Global South Financiers Forum, Wu Gang, General Manager of the Financial Industry Department of Tianjin General Data Technology Co., Ltd. (hereinafter referred to as GBASE), as a representative of a leading database company in China, said in an exclusive interview with Xinhua Finance that the Global South is gradually becoming a significant force influencing the international economic landscape. Strengthening financial cooperation is of great significance and has enormous potential, with broad prospects for collaboration in areas such as payment systems and infrastructure construction.

Wu Gang, General Manager of the Financial Industry Department at GBASE, Is Interviewed

Below are excerpts from the interview. For the full interview, please click here.

Wu Gang pointed out that from the perspective of the global economic landscape, the Global South countries, with their large populations, vast territories, and abundant resources, are gradually becoming an important force shaping the international economic order in the process of global multipolar development. Financial cooperation can help these countries enhance their economic autonomy, reduce dependence on developed nations, better manage financial risks, and inject new momentum into global economic stability and sustainable development.

The Global South holds immense potential in financial cooperation. Wu Gang noted that in terms of payment systems, promoting payments in RMB and other currencies as well as digital currencies can make settlements more diverse, convenient, and autonomous. In infrastructure, cooperation among Global South countries to build and upgrade digital financial infrastructure can achieve complementary advantages and meet the needs of inclusive finance and financial security. Moreover, drawing on China's Public-Private Partnership (PPP) model to attract private capital into infrastructure development in Global South countries will greatly promote local development.

Driven by technological innovation and institutional innovation, the globalization of digital finance has become a trend. On the technology front, advances in artificial intelligence, AI and other new technology fields are reshaping the underlying logic of financial infrastructure. Wu Gang stated that China's industrial manufacturing capabilities and digital economy infrastructure construction are now at the forefront globally, and the country has accumulated extensive experience in digital transformation and application popularization in underdeveloped regions.

In driving the digital and green transformation of financial services, GBASE’s GBase series databases have delivered outstanding performance. Wu Gang introduced that as an independent database service provider focusing on database product development and large-scale application in China, GBASE has built a full-stack data product system and service solutions. Its analytical, transactional, and distributed transactional database products developed for different scenarios have served over ten thousand users in more than one hundred industries, covering all 33 provincial-level administrative regions in China and are exported to over 50 countries and regions worldwide.

Looking ahead to the prospects of global digital finance, Wu Gang expressed strong confidence. He said that in the future, GBASE will closely follow digital technology trends, continue to develop and upgrade its database products, and deeply integrate high-quality products with the diverse needs of financial industry users, consistently delivering comprehensive and satisfactory products and services to financial users both at home and abroad. As China deepens and enhances its cooperation mechanisms with the Global South countries, the demand for digital construction and transformation in these countries will be fully tapped and met. GBASE's GBase database will provide a solid digital foundation to support the IT systems of users across various industries in this process.