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Bai Xuemei, vice-president of CD Finance, a Beijing-headquartered rural microfinance institution, said on the sidelines of the forum: "With the development of science and technology, some very capable institutions that highlight financial technologies have emerged, offering loans via microcredit companies. The market impact they have created with their capabilities is something that was not expected by regulators and the existing market players."

Based on concerns over the protection of individual privacy and data security, China's financial regulators have yet to open the personal credit information service to overseas companies. Before Experian, Dun & Bradstreet, a US credit information servicer, registered on the PBOC system in 2017.

Back in 1994, with the approval of China's central government, her base started cooperating in scientific research into pandas and their breeding with the Adventure World amusement park.

Backed by a gaming specialist, Elernity has been able to apply advanced technologies like virtual reality or VR into its products. Users (students) get immersive experiences from the products' vivid scenarios.

Based in Zhangjiang in Shanghai's Pudong New Area, EpimAb has emerged as "one of the most innovative Shanghai-based biotech companies with a global vision", said Li Dongfang, director at SDIC Fund who join the board of EpimAb with immediate effect following the conclusion of the company's Series B financing.