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China unveils overall plan for piloting inclusive financial reform in east China's Jiangxi Province

October 30, 2020


Abstract : China's multiple ministerial departments jointly released an overall plan for the inclusive financial reform pilot zones in Ganzhou and Ji'an, two cities in east China's Jiangxi Province.

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NANCHANG, Oct. 30 (Xinhua) -- China's multiple ministerial departments jointly released an overall plan for the inclusive financial reform pilot zones in Ganzhou and Ji'an, two cities in east China's Jiangxi Province. 

The inclusive financial reform pilot zone marks another major financial reform platform in Jiangxi following the pilot zone for green finance reform and innovations in Ganjiang News Area.  

According to the plan, inclusive financial organizations, products and service system that match the requirements of high-quality development will be built in the pilot zones in the coming three years.

In the next step, Jiangxi will rely on financial data and technology to innovate and develop digital inclusive finance. Efforts will be made to promote financing product and mechanism innovation to address financing difficulties and obstacles, and further improve the direct coverage of financial services.

In the meantime, financial institutions are encouraged to transform their concept and implement internal fund transfer pricing for branches in the pilot zones. (Edited by Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)

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Keyword: inclusive finance

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