Tagged: xu gao

China: WeiyangX Fintech Review

China’s Top Financial Authorities Roll Out 11 Financial Reform Measures On May 27th, the Office of the Financial Stability Development Committee of the State Council issued a press release that the Development and Reform Commission, the Ministry of Finance, People’s Bank of China, China Banking… Read More

China: WeiyangX Fintech Review

The People’s Bank of China and State Administration for Market Regulation Sign Data Sharing MoU On May 20th, the People’s Bank of China (PBC) and State Administration for Market Regulation (SAMR) signed a Memorandum of Cooperation on Data Sharing (hereinafter referred to as the MoU),… Read More

China: WeiyangX Fintech Review

PBC, CBIRC, CSRC and SAFE Release Opinions on Providing Financial Support for the Development of Guangdong-Hong Kong-Macao Greater Bay Area To fully implement the decisions and arrangements of the CPC Central Committee and the State Council, upon the approval of the State Council, PBC, CBIRC,… Read More

China: WeiyangX Fintech Review

“Financial Innovation and Development Open Courses” launched on WeiyangX.com This week, WeiyangX.com launched a new series of financial open courses. Under the guidance of Beijing Municipal Bureau of Financial Work, the “Financial Innovation and Development Open Course” is hosted by PBC School of Finance, Tsinghua… Read More

China: WeiyangX Fintech Review

People’s Bank of China Held 2020 Anti-Money Laundering Work Virtual Conference On April 15th, the 2020 PBC Anti-Money Laundering Work Virtual Conference was held in Beijing. The conference fully recognized AML achievements made by the People’s Bank of China (PBC) in 2019, analyzing the current… Read More

China: WeiyangX Fintech Review

China Encourages Innovation of Exhibition Industry On April 13th, the General Office of the Ministry of Commerce issued a circular on work related to innovating exhibition service models and cultivating new momentum for the development of the exhibition industry. The circular proposes to support cross-city… Read More

China: WeiyangX Fintech Review

Chinese Banks Seek Technology Talents for Digital Transformation The outbreak of the COVID-19 has accelerated the digitalization process of the financial industry. In order to respond better to future challenges, banks in China are seeking more technology talents. For example, Postal Savings Bank of China… Read More

China: WeiyangX Fintech Review

Risk Alert against the Hype of Overseas Virtual Currency Exchanges Back in 2017, the People’s Bank of China (PBC), Cyberspace Administration of China and other 5 ministries published the “Notice on Guarding against Risks of ICOs”, stipulating that virtual currency trading and ICOs are illegal… Read More

China: WeiyangX Fintech Review

How Did the Chinese Fintech Industry Respond to COVID-19? With the outbreak of the COVID-19, more and more people and groups have joined the fight against it. Among the entities, Fintech companies are giving full play to their advantages in providing financial services, contributing technical… Read More

China: WeiyangX Fintech Review

Alibaba’s DingTalk Builds International Medical Expert Communication Platform to Help Combat the Outbreak of COVID-19 On March 19th, Alibaba’s DingTalk launched the International Medical Expert Communication Platform. It provides a means of free communication, hosted on Alibaba Cloud, for medical workers all around the world… Read More

China: WeiyangX Fintech Review

The PBC, NDRC and Four Other Authorities Jointly Release the Work Plan for Coordinated Regulation of Financial Infrastructures In order to strengthen the construction of financial infrastructure, coordinate the regulation of important financial infrastructures and improve the capability of the financial sector to serve the… Read More

China: WeiyangX Fintech Review

PBC Releases “Financial Distributed Ledgers Technology Security Specification” On February 5th, the People’s Bank of China has released the “Financial Distributed Ledgers Technology Security Specification” (JR / T 0184-2020). The document specifies the financial DLT security system, including basic hardware, basic software, cryptographic algorithms, node… Read More

China: WeiyangX Fintech Review

Insurtech Platform Huize.com to List on NASDAQ on February 12 On February 6th, online insurance platform Huize.com updated its F-1 prospectus filed to the US Securities and Exchange Commission (SEC), and planned to list on NASDAQ on February 12th, with a stock code “HUIZ”. It… Read More

China: WeiyangX Fintech Review

Tencent LiCaiTong Releases “Online Wealth Management Behavior and Security Report (2019)“ On January 14th, LiCaiTong, Tencent’s wealth management platform, and National Institution for Finance & Development (NIFD) jointly released the “Online Wealth Management Behavior and Security Report (2019)”. The report published the 2019 online wealth… Read More

China: WeiyangX Fintech Review

Ant Financial Applies for Singapore Digital Banking License On January 2nd, Ant Financial confirmed that it had applied a digital wholesale banking license in Singapore as an effort to promote the development of local digital banking and global financial inclusion. As early as November 19th… Read More

China: WeiyangX Fintech Review

China to Enact Personal Information Protection Law and Data Security Law in 2020 On December 20th, the Legislative Affairs Commission of the NPC Standing Committee held its third press conference. According to the Legislative Law of the People’s Republic of China, the Standing Committee of… Read More

China: WeiyangX Fintech Review

Winners of 2019 Global Fintech Venture Competition Announced On December 15th, the award ceremony of 2019 Global Fintech Venture Competition (hereinafter referred to as the “Competition”) was held at Tsinghua University. With the guidance of Tsinghua IFR and support from Haidian District People’s Government of… Read More

China: WeiyangX Fintech Review

Happy Buddha

46 Innovative Financial Services & Products From 77 Entities Accepted into Beijing Fintech Sandbox On December 7th, Beijing Municipal Bureau of Financial Work held a Fintech seminar in Beijing. Zhicheng Zeng, an official from the People’s Bank of China, revealed in a speech that 46… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Releases Financial Stability Report with Special Focus on Online Lending The People’s Bank of China (PBC) released the 2019 China Financial Stability Report lately, which gives a comprehensive review of the soundness of China’s financial system since 2018. While incremental… Read More

China: WeiyangX Fintech Review

The People’s Bank of China Releases China’s Green Finance Development Report (2018) In order to introduce China’s achievements and experience in green finance, the People’s Bank of China (PBC) has worked with relevant authorities and organizations to compile the annual China’s Green Finance Development Report… Read More

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