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China Banking Association Calls for Greater Digital Financial Inclusion, Establishment of National Data Platform

September 14, 2021
Source: chinabankingnews.com chinabankingnews.com
News Snapshot:
The peak body for the Chinese banking sector has called for greater use of digital channels and big data to drive financial inclusion. Liu Feng (??), chief secretary of the China Banking Association (CBA) called for “investing great vigour in raising the ability to provide digital financial inclusion services,” while also recommending the “establishment of a cross-industry, cross-sector, cross-regional national data services platform.” Liu made the remarks on 10 September at the 2021 “Small Enterprise, Big Dreams” summit (??? ???). “At present, the development of financial inclusion in China overall displays an excellent condition of increasing volume, expanding area, contracting...
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Tags: banking | big data | China | Chinese | data | development | digital | enterprise | finance | financial | financial services | government | platform | quality | Rising | SME

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