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Business Special: Hainan home for Internet-sourced financing

China Daily | Updated: 2014-02-18 07:16

As Hainan province prepares to become a home for Internet-sourced financing operations, analysts Zhang Yanming from China City Construction Holdings and Zheng Jinyu from the China Banking Regulatory Commission, help explain the innovative sector:

People call the year 2013 the first year of Internet finance as many distinctive enterprises emerged in China's online market.

They were like a breeze stroking the country's financial industry, gradually changing the ways people borrow, save and pay for things. The innovations they created make China's financial market more effective, rounded and friendly.

Business Special: Hainan home for Internet-sourced financing

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