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Chinese banks have begun giving more importance to financial technology, or fintech, in order to become more competitive as internet-based companies are taking rapid strides in the field, industry insiders said.
Chinese police hand over fugitive Naquan Ferguson to police from the United States in Guangzhou on Friday. LU HANXIN/XINHUA
Chinese consumers' financial literacy was analyzed using comprehensive perspectives including attitude, behavior, knowledge and techniques.
Chinese central bank officials have confirmed that foreigners and companies from overseas can hold the digital renminbi even without opening an account in Chinese banks, which means a more convenient way for cross-border payments.
Chinese people's incomes have increased exponentially over the past 40 years, but the income growth of the low-and lower-middle-income groups mostly relies on earnings related to job opportunities during industrialization and urbanization.
来源：资阳报