Tag Archives | digital currency
Economics, Finance sector development, Information and Communications Technology
Fintech development transforming the financial landscape in the People’s Republic of China
![Fintech development transforming the financial landscape in the People’s Republic of China Fintech development transforming the financial landscape in the People’s Republic of China](https://www.asiapathways-adbi.org/wp-content/uploads/2021/02/Fintech-development-transforming-the-financial-landscape-in-the-Peoples-Republic-of-China-180x180.jpg)
Financial technology (fintech) is rapidly changing the financial landscape in the People’s Republic of China (PRC), with important implications for financial inclusion and macroeconomic stability (Huang 2020). Fintech in the PRC started at the end of 2004 when the mobile payment service Alipay first came online. However, fintech did not grow dramatically until 2013, when the online money market fund Yu’ebao started to receive investments from Alipay users.
![Get the best of ADBI delivered to your inbox.](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-News.jpg)
![Asia's Developing Future](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-Podcast.jpg)
Search
Subscribe / Connect to Asia Pathways
Subjects
- Agriculture and natural resources
- Blog
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance sector development
- Gender
- Governance and public sector management
- Health
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Funding a Resilient Future: Bridging Climate Financing Gaps
- Food Security Amid Evolving Inclusive Growth Priorities
- How Can Policy Makers Help Strengthen Corporate Climate Disclosure to Scale Up Private Climate Finance?
- How the Internet is Revolutionizing Sustainable Agriculture in Asia
- Social Protection for the Informal Economy in South Asia
Recent Comments