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

Zhong Xu and Ruihui Xu

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.

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Year of publication:	[2019]
Authors:	Xu, Zhong ; Xu, Ruihui
Publisher:	Tokyo, Japan : Asian Development Bank Institute
Subject:	financial technology \| fintech \| Finanztechnologie \| Financial technology \| Nachhaltige Entwicklung \| Sustainable development \| China \| Finanzdienstleistung \| Financial services \| Finanzmarktregulierung \| Financial market regulation \| Finanzielle Inklusion \| Financial inclusion

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Extent:	1 Online-Ressource (circa 23 Seiten) Illustrationen
Series:	Working papers / ADB Institute. - Tokyo : [Verlag nicht ermittelbar], ZDB-ID 2488506-X. - Vol. no. 1023 (October 2019)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/222790 [Handle]
Classification:	G2 - Financial Institutions and Services ; G15 - International Financial Markets ; O16 - Financial Markets; Saving and Capital Investment
Source:	ECONIS - Online Catalogue of the ZBW

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