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China: WeiyangX Fintech Review

Beijing publishes Fintech Development Plan (2018-2022)

Recently, the Zhongguancun Administration Committee, the Beijing Financial Work Bureau and the Beijing Municipal Science and Technology Committee jointly issued the “Promotion of Financial Technology Development Plan (2018-2022)” (hereinafter referred to as “plan”). The goal of the plan is, by the end of 2022, to 

  • l cultivate 5-10 internationally renowned financial technology companies,
  • l form 3-5 innovative clusters with international influence,
  • l complete 10-15 demonstrative fintech projects,
  • l develop an ideal industrial ecology, provide important support for the construction of the “four centers” of the capital, and effectively promote the coordinated development of Beijing-Tianjin-Hebei.

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Oliver Smith


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