Monday, January 18, 2021
Tags China fintech

Tag: China fintech

Beijing Fintech Sandbox Unveils Second Batch of 11 Registered Trial Projects

Chinese financial authorities have just announced a second batch of 11 projects that have obtained approval for participation in Beijing's fintech sandbox...

Xi Jinping Calls for Greater Focus on Independent Blockchain Development

President Xi Jinping has called for China to devote greater effort towards the independent development of blockchain innovations.

ZhongAn Online Sees 106.6% Surge in Premium Income, More Than 300 Million Policyholders

Leading Chinese insurtech firm ZhongAn Online has posted surging growth in premium income for the first half of 2018. According to its mid-year report released...

Yangtze River Delta Tops Global Fintech List Ahead of Silicon Valley

A new report ranks the Yangtze River Delta as the world's leading fintech industry hub ahead of Silicon Valley, Greater Beijing and London. The Global...

Guangzhou Launches China’s First Blockchain-driven Tax Invoice System

China has just seen the launch of its first blockchain-based tax invoice system in the Guangdong province capital of Guangzhou, as regulators turn to...

Chinese Central Bank Says It Will “Clean Up” Cryptocurrencies

The People's Bank of China (PBOC) has reiterated its strong stance on cryptocurrencies following the appointment of new governor Yi Gang. PBOC vice governor Fan...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...