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In order to make strategic plans and provide policy guidance on fintech development, the country's central bank set up a fintech committee earlier this year to enhance research, planning and coordination in the field.
The group's revenue surged from about 800 million yuan (120 million U.S. dollars) in 2002 to more than 10 billion yuan in 2007. In 2011, its revenue reached 18 billion yuan, the highest of all machinery tool producers worldwide
The U.S. side stressed the importance of bilateral cooperation in law enforcement and cybersecurity, saying that the two sides face common threats as well as interests in these areas.
BEIJING, Oct. 12 (Xinhua) -- The Communist Party of China (CPC) is set to hold its 19th National Congress this month. The five-yearly political event is expected to pave the way for China's future development.
"The development of fintech provides vast opportunities for increasing the variety of financial services, strengthening inclusive finance and meeting investors' financial demands, but it also means new requirements and challenges for global financial market regulators," the statement said.
来源：资阳报