Chengdu releases 3-year plan for fintech development

Recently, the Chengdu Municipal Financial Supervision Administration and the Business Management Department of the Chengdu Branch of the People’s Bank of China jointly issued the Chengdu Financial Technology Development Plan (2020-2022).

Recently, the Chengdu Municipal Financial Supervision Administration and the Business Management Department of the Chengdu Branch of the People’s Bank of China jointly issued the Chengdu Financial Technology Development Plan (2020-2022).

The plan stated that the development priorities include the followings:

Cultivate 5-10 fintech companies with domestic leading positions in the industry, and promote 3-5 fintech-related companies to go public;

Establish a cross-industry compound talent pool for the development of financial technology;

Build 3-5 fintech research institutions with domestic and international influence;

Achieve 5-10 demonstration scenarios of financial technology applications with domestic and foreign influence;

Improve the level of financial technology risk management.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/03/chengdu-releases-3-year-plan-for-fintech-development/.

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