Guo Shuqing: FinTech developments, challenges and supervision in China Video speech by Mr Guo Shuqing, Party Secretary and Deputy Governor of the People's Bank of China and CBIRC Chairman, at the Singapore FinTech Festival (SFF) 2020, 8 December 2020. * * * Ladies and gentlemen, dear friends, It is a great pleasure to attend the Singapore FinTech Fesitval 2020.
I would like to share the latest FinTech developments in China and some of our observations. First, updates on FinTech developments in China. Over recent years, FinTech has been developing rapidly and robustly in China. Financial institutions made continued efforts to promote digital transformation. Financial products and tools became more diversified, and financial services more efficient and inclusive.