Jiangxi Province Unveils Two New Fintech Sandbox Projects

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The inland province of Jiangxi has announced the addition of two new innovation projects to its fintech regulatory sandbox initiative.

On 9 March the Chinese central bank’s office in Nanchang – the capital city of Jiangxi – said that the two new projects would include:

  1. Agricultural supply chain financial services based on artificial intelligence, under development by Jinjiang Bank.
  2. Big-data based lending services, under development by the Nanchang branch of Shanghai Pudong Development Bank.

Both of the innovation projects commenced testing on 10 March.