Fintech reshapes finance, challenges regulation, say experts
By Song jingli |
chinadaily.com.cn |
Updated: 2017-09-18 14:55
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| Li Dongrong, president of National Internet Finance Association of China， makes a speech on the 2nd China Fintech Conference Agenda held in Beijing on Sept 17, 2017.[Photo provided to chinadaily.com.cn] |
Fintech companies, the trade unions, the regulatory body need to take into account three parameters, namely whether their activities could improve efficiency in serving the real economy and inclusiveness, improve finance sector's risk-control capabilities and improve protection for consumers in the finance sector.
