FinTech Strategy For the Greater Bay Area in China
Reprint:https://www2.deloitte.com Author:Deloitte
Seamless connectivity could further benefit the economic development of the Greater Bay Area (GBA) in China. How could financial technologies make a positive impact for a more synergized region?
The GBA is a major initiative to deepen further the economic links of South China and unlock the untapped opportunities of the connected 11 cities.
It is key to build an effective information highway that supports the economic activities so people, capital and goods could flow effectively and efficiently in one bigger market system. Pioneers envisioning digital transformation could reshape an innovative market landscape through suitable technology platforms.
This white paper discusses the potentials of the GBA with the help of financial technology solutions to achieve cross-border digital-enabled identity verification, financial inclusion, trade finance and traceability, as well as supply chain and traceability.
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