Policymakers target next-level digitization of China’s finance sector

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Beijing wants banks to use technology to fund technology.
On Wednesday, the central bank (PBoC) and six other departments issued a high-level plan to promote the development of digital finance.
The big picture: The PBoC wants to ensure that the development of the financial system matches and suppor...

Policymakers target next-level digitization of China’s finance sector

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