World Bank eyes 100% global financial access

World Bank Chief Jim Yong Kim said on Thursday that he expected the progress and innovation in improving financial access across China will also happen in other countries, so that financial services become universally accessible.

Nearly one-third of the world's adult population still doesn't have access to financial services, according to the World Bank's Global Findex data, which tracks how people use financial services and was released on Thursday.

"China has made great progress, but if you reflect back, the Global Findex showed that we went from the low 60s to about 69 percent of people in the world covered in terms of financial access," Kim said, referring to the finding that 69 percent of adults around the world, or 3.8 billion people, have an account at a bank or mobile money provider, up from 62 percent in 2014.