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By using internet-based technologies, mobile payment technologies and big data analysis, banks could have better access to data than ever before, which would help understand small borrowers' credit record and financial situation.
By the end of the second quarter, the balance of loans issued by the country's banking and financial institutions to small and micro enterprises stood at 35.63 trillion yuan ( trillion), according to the China Banking and Insurance Regulatory Commission.

CEO William Wei said Pintec intends to use the IPO proceeds to invest in technology and enhance its digital laboratory.
By the end of August, the company had completed hot firing tests for 80-tonne and 10-tonne TQ rocket engines. The ZQ-2 liquid-propellant rocket has undergone a series of ground tests, with key components delivered.
By the end of 2016, the US dollar-denominated forex reserves reached ,052.94 billion by the end of 2016, accounting for 63.96 percent of the world's total; the euro-denominated forex reserves ranked the second, with their share at 19.74 percent, according to the COFER data.
来源:资阳报