# BBT-Fin: Comprehensive Construction of Chinese Financial Domain Pre-trained Language Model, Corpus and Benchmark

arXiv: https://arxiv.org/abs/2302.09432 · HTML: https://mlsanity.com/paper/2302.09432/

## Key facts

- Cited by 60 papers in the map (data through 14 Oct 2026).
- Builds on 18 of its 34 references that are in the map.
- First posted on arXiv 18 Feb 2023.

## Builds on (most cited first, 18 of 18)

- [BERT: Pre-training of Deep Bidirectional Transformers for Language Understanding](https://mlsanity.com/paper/1810.04805/) (2018)
- [Exploring the Limits of Transfer Learning with a Unified Text-to-Text Transformer](https://mlsanity.com/paper/1910.10683/) (2019)
- [RoBERTa: A Robustly Optimized BERT Pretraining Approach](https://mlsanity.com/paper/1907.11692/) (2019)
- [GLUE: A Multi-Task Benchmark and Analysis Platform for Natural Language Understanding](https://mlsanity.com/paper/1804.07461/) (2018)
- [The Pile: An 800GB Dataset of Diverse Text for Language Modeling](https://mlsanity.com/paper/2101.00027/) (2020)
- [SuperGLUE: A Stickier Benchmark for General-Purpose Language Understanding Systems](https://mlsanity.com/paper/1905.00537/) (2019)
- [Don't Stop Pretraining: Adapt Language Models to Domains and Tasks](https://mlsanity.com/paper/2004.10964/) (2020)
- [SpanBERT: Improving Pre-training by Representing and Predicting Spans](https://mlsanity.com/paper/1907.10529/) (2019)
- [FinBERT: Financial Sentiment Analysis with Pre-trained Language Models](https://mlsanity.com/paper/1908.10063/) (2019)
- [ERNIE: Enhanced Representation through Knowledge Integration](https://mlsanity.com/paper/1904.09223/) (2019)
- [Transfer Learning in Biomedical Natural Language Processing: An Evaluation of BERT and ELMo on Ten Benchmarking Datasets](https://mlsanity.com/paper/1906.05474/) (2019)
- [CLUE: A Chinese Language Understanding Evaluation Benchmark](https://mlsanity.com/paper/2004.05986/) (2020)
- [ERNIE 3.0: Large-scale Knowledge Enhanced Pre-training for Language Understanding and Generation](https://mlsanity.com/paper/2107.02137/) (2021)
- [A Study of BFLOAT16 for Deep Learning Training](https://mlsanity.com/paper/1905.12322/) (2019)
- [FinBERT: A Pretrained Language Model for Financial Communications](https://mlsanity.com/paper/2006.08097/) (2020)
- [WHEN FLUE MEETS FLANG: Benchmarks and Large Pre-trained Language Model for Financial Domain](https://mlsanity.com/paper/2211.00083/) (2022)
- [UER: An Open-Source Toolkit for Pre-training Models](https://mlsanity.com/paper/1909.05658/) (2019)
- [Mengzi: Towards Lightweight yet Ingenious Pre-trained Models for Chinese](https://mlsanity.com/paper/2110.06696/) (2021)

## Built on by (most cited first, 30 of 60)

- [A Survey on Knowledge Distillation of Large Language Models](https://mlsanity.com/paper/2402.13116/) (2024)
- [Continual Learning of Large Language Models: A Comprehensive Survey](https://mlsanity.com/paper/2404.16789/) (2024)
- [Large Language Models in Finance: A Survey](https://mlsanity.com/paper/2311.10723/) (2023)
- [PIXIU: A Large Language Model, Instruction Data and Evaluation Benchmark for Finance](https://mlsanity.com/paper/2306.05443/) (2023)
- [XuanYuan 2.0: A Large Chinese Financial Chat Model with Hundreds of Billions Parameters](https://mlsanity.com/paper/2305.12002/) (2023)
- [A Survey of Large Language Models for Financial Applications: Progress, Prospects and Challenges](https://mlsanity.com/paper/2406.11903/) (2024)
- [Fin-R1: A Large Language Model for Financial Reasoning through Reinforcement Learning](https://mlsanity.com/paper/2503.16252/) (2025)
- [A Survey of Multimodal Large Language Model from A Data-centric Perspective](https://mlsanity.com/paper/2405.16640/) (2024)
- [Retrieve-Rewrite-Answer: A KG-to-Text Enhanced LLMs Framework for Knowledge Graph Question Answering](https://mlsanity.com/paper/2309.11206/) (2023)
- [DISC-FinLLM: A Chinese Financial Large Language Model based on Multiple Experts Fine-tuning](https://mlsanity.com/paper/2310.15205/) (2023)
- [DocFinQA: A Long-Context Financial Reasoning Dataset](https://mlsanity.com/paper/2401.06915/) (2024)
- [FinEval: A Chinese Financial Domain Knowledge Evaluation Benchmark for Large Language Models](https://mlsanity.com/paper/2308.09975/) (2023)
- [Injecting Domain-Specific Knowledge into Large Language Models: A Comprehensive Survey](https://mlsanity.com/paper/2502.10708/) (2025)
- [BizBench: A Quantitative Reasoning Benchmark for Business and Finance](https://mlsanity.com/paper/2311.06602/) (2023)
- [Empowering Many, Biasing a Few: Generalist Credit Scoring through Large Language Models](https://mlsanity.com/paper/2310.00566/) (2023)
- [EconLogicQA: A Question-Answering Benchmark for Evaluating Large Language Models in Economic Sequential Reasoning](https://mlsanity.com/paper/2405.07938/) (2024)
- [CFBenchmark: Chinese Financial Assistant Benchmark for Large Language Model](https://mlsanity.com/paper/2311.05812/) (2023)
- [FinMTEB: Finance Massive Text Embedding Benchmark](https://mlsanity.com/paper/2502.10990/) (2025)
- [SEC-QA: A Systematic Evaluation Corpus for Financial QA](https://mlsanity.com/paper/2406.14394/) (2024)
- [Mixing It Up: The Cocktail Effect of Multi-Task Fine-Tuning on LLM Performance -- A Case Study in Finance](https://mlsanity.com/paper/2410.01109/) (2024)
- [Trading-R1: Financial Trading with LLM Reasoning via Reinforcement Learning](https://mlsanity.com/paper/2509.11420/) (2025)
- [CFinBench: A Comprehensive Chinese Financial Benchmark for Large Language Models](https://mlsanity.com/paper/2407.02301/) (2024)
- [Do We Need Domain-Specific Embedding Models? An Empirical Investigation](https://mlsanity.com/paper/2409.18511/) (2024)
- [TradExpert: Revolutionizing Trading with Mixture of Expert LLMs](https://mlsanity.com/paper/2411.00782/) (2024)
- [CFGPT: Chinese Financial Assistant with Large Language Model](https://mlsanity.com/paper/2309.10654/) (2023)
- [FinDABench: Benchmarking Financial Data Analysis Ability of Large Language Models](https://mlsanity.com/paper/2401.02982/) (2024)
- [Role Prompting Guided Domain Adaptation with General Capability Preserve for Large Language Models](https://mlsanity.com/paper/2403.02756/) (2024)
- [EconWebArena: Benchmarking Autonomous Agents on Economic Tasks in Realistic Web Environments](https://mlsanity.com/paper/2506.08136/) (2025)
- [No Language is an Island: Unifying Chinese and English in Financial Large Language Models, Instruction Data, and Benchmarks](https://mlsanity.com/paper/2403.06249/) (2024)
- [SECQUE: A Benchmark for Evaluating Real-World Financial Analysis Capabilities](https://mlsanity.com/paper/2504.04596/) (2025)

## Abstract (arXiv)

To advance Chinese financial natural language processing (NLP), we introduce BBT-FinT5, a new Chinese financial pre-training language model based on the T5 model. To support this effort, we have built BBT-FinCorpus, a large-scale financial corpus with approximately 300GB of raw text from four different sources. In general domain NLP, comprehensive benchmarks like GLUE and SuperGLUE have driven significant advancements in language model pre-training by enabling head-to-head comparisons among models. Drawing inspiration from these benchmarks, we propose BBT-CFLEB, a Chinese Financial Language understanding and generation Evaluation Benchmark, which includes six datasets covering both understanding and generation tasks. Our aim is to facilitate research in the development of NLP within the Chinese financial domain. Our model, corpus and benchmark are released at https://github.com/ssymmetry/BBT-FinCUGE-Applications. Our work belongs to the Big Bang Transformer (BBT), a large-scale pre-trained language model project.
