China Accelerates National Fintech Development Plan

The People's Bank of China will roll out an ambitious plan for fintech following enthusiasm during the Two Sessions.

4 minute read March 13, 2019 at 03:48 AM

Marilyn Romero

China Accelerates National Fintech Development Plan

China will introduce a national development plan that will develop the use of financial technology, or fintech, more widely to serve the country's real economy, said Fan Yifei, deputy governor of the People's Bank of China (PBOC) at a news conference on March 10.

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