Business & Finance

China central bank says it will accelerate digital financial transformation

  • The bank will also strengthen financial technology supervision to fend off risks, it said in a statement.
Published January 29, 2021 Updated January 29, 2021 07:25pm
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HONG KONG: China's central bank said on Friday it would accelerate digital financial transformation in order to help build a modern financial system that could adapt to the development of the digital economy.

The bank will also strengthen financial technology supervision to fend off risks, it said in a statement.