China’s central bank to issue fintech development plan (4/11)

List item

Submitted to "Fintech News Daily 2019: 19-25 August (Open list) (11 submissions)"

Approved

by Christophe Langlois Aug 22, 2019, 6:36 pm

“China aims to make its fintech sector globally competitive and use the industry as a “new engine” for country’s high-quality financial development, the People’s Bank of China (PBOC) said in a statement on its website. Under a development plan for 2019-2021, China will improve the top-down design of the fintech industry, and strengthen risk controls, including an early warning regime on cross-market and cross-industry financial risks, the central bank said.”

Source: uk.Reuters.com

Written by Christophe Langlois

Based in London for almost a decade, Christophe is an entertaining fintech marketing keynote speaker and a trusted advisor to the global financial services industry on the topics of digital marketing, innovation and B2B social media.

Christophe has contributed to over 140 events in 18 countries.

Currently, Christophe is advising a number of fintech startups on marketing and growth hacking and he is the Chief Marketing Officer of The Fintech Power 50, an exclusive annual programme helping fintech scale-ups to accelerate their growth globally.

Christophe's views on VisibleBanking.com are his own.