Regulating fintech for sustainable development in the People's Republic of China

Arbeitspapier

The rapid rise of financial technology (fintech) in the People's Republic of China (PRC) inevitably generates financial risks. To prevent and resolve these risks, the government has regulated many fintech application areas, including peer-to-peer lending, third-party payment, cryptocurrency, etc. Additional measures such as financial standardization, infrastructure, and investor protection have also been strengthened to promote sustainable fintech development. The PRC is striking a balance between encouraging fintech innovation and reinforcing regulation. This study reviews both the PRC's regulations and supportive approaches.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ADBI Working Paper Series ; No. 1023

Classification and Topics

• Classification: Wirtschaft ; International Financial Markets ; Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
• Subject: financial technology ; fintech

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Xu, Zhong ; Xu, Ruihui
• Event: Veröffentlichung
• (who): Asian Development Bank Institute (ADBI)
• (where): Tokyo
• (when): 2019

Further information

• Handle: http://hdl.handle.net/10419/222790
• Last update: 10.03.2025, 11:42 AM CET