Business / 2016 Top 10

Top 10 new economy issues in China

By Zhu Lingqing ( Updated: 2016-07-14 07:16

8. Micro Finance

Top 10 new economy issues in China

An advertisement for the Shanghai Pudong Development Bank's small business is presented in Shanghai, June 22, 2016. [Photo/IC]

Technology innovation has promoted the development of micro finance. And the combination of internet and finance has reduced the costs of information searching and trading and reshaped the financial service's model and function.

Micro finance can serve small and micro businesses and promote inclusive finance among online finance consumers.

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