China's Finance Sector in 2021: Continuous Innovation on the Basis of Steady Development

Kevin Yuan, Lucca Li and Jocelyn Chen of FenXun Partners discuss China's efforts to support continuous financial innovation in 2021 based on steady development including taking steps to protect the security of personal data in the midst of rapid developments in finance and technology, implementing detailed rules and new initiatives related to fintech innovation, and taking clear steps to open up the financial market to the outside world.

13 minute readJanuary 14, 2022 at 08:45 AM
By
Susan Mok
China's Finance Sector in 2021: Continuous Innovation on the Basis of Steady Development

Summary


  • In 2021, Chinese authorities promulgated multi-regulations on cryptocurrencies to prevent illegal financial speculation.
  • The Greater Bay Area (GBA) WM Connect was officially launched and brings historic development opportunities to

A Subscription is Required to Access this Content

Subscribe to China Law & Practice today for:

  • ✓ A database of 3000+ essential documents, including key PRC laws translated into English
  • ✓ Newsletters with business-critical and sector-specific updates
  • ✓ Premium mobile access with timely analysis on China's fast-changing market

Already a Subscriber? Log In. Sign In Now

Questions? Contact us at [email protected] | 1-855-808-4530 (Americas) | 44(0) 800 098 386009 (UK & Europe)