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China: WeiyangX Fintech Review
The Fintech Committee of the People’s Bank of China Announces Key Tasks in 2021
At the end of January 2021, the People’s Bank of China Fintech Committee meeting was held in Beijing. The meeting summarized the work in 2020 and announced key tasks in 2021. According to the press, the Fintech Committee will focus on the following tasks next year, including:
1) Introduce a new Fintech development plan, accelerate the financial digital transformation, and help build a modern financial system that adapts to the development of the digital economy
2) Provide better Fintech regulation, establish an ethical governance system in the financial sector, and strengthen the prudential supervision of Fintech innovation activities ....

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