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Perspectives on the Development of Inclusive Finance in China

In: Financial Inclusion in China

Author

Listed:
  • Hongmei Zhu

    (Beijing Academy of Social Sciences)

  • Wenting Zhang

    (Research Institute of the People’s Bank of China)

Abstract

A number of countries have prioritized and promoted inclusive finance which has yielded fruitful results in expanding the scope and objectives of inclusive finance. All of these “success stories” of inclusive finance are mirrors of the specific historical, cultural, political and financial context of their countries. While remarkable achievements have been made in the development of inclusive finance in China, which may provide lessons for other countries, it also faces some challenges. In a near future, the goal of China's inclusive financial development is to serve the common wealth with high-quality development, which will pay more attention to safety and sustainable development, plan for financial health, and enhance the capability and development of inclusive finance.

Suggested Citation

  • Hongmei Zhu & Wenting Zhang, 2023. "Perspectives on the Development of Inclusive Finance in China," Springer Books, in: Financial Inclusion in China, chapter 0, pages 157-168, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-5663-0_8
    DOI: 10.1007/978-981-99-5663-0_8
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