China aims to modernize its financial sector with digital advancements by 2027.

China plans to transform its financial sector into one more aligned with the digital economy by 2027. The plan includes improving digital management, developing inclusive digital financial products, and promoting cooperation between financial and tech departments. It also involves setting up a digital public service platform and accelerating the use of cloud computing and AI. This initiative is part of China’s strategy to boost high-quality financial development, alongside green, inclusive, and elderly-care finance.

November 27, 2024
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