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.
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