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Change of pace ahead for fintech

By Li Xiang | China Daily | Updated: 2017-12-05 07:22

Period of slower, more regulated growth looms, say experts

After a period of explosive growth, the financial technology - or fintech - sector in China will likely see slower but more regulated growth, with greater emphasis on leveraging technology to drive true innovation, analysts said.

China has emerged as a leading fintech market globally, with analysts estimating the market size to have exceeded $243 billion by the end of last year, accounting for about 85 percent of the global market share.

Change of pace ahead for fintech

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