China inclusive financial development report 2019

The China Banking Regulatory Commission and the people’s Bank of China issued the January 2nd inclusive financial development report in 2019. At present, the number of bank accounts per capita and the number of credit cards per capita in China are at the leading level in developing countries. By the end of June 2019, China had 7.6 bank accounts and 5.7 bank cards per capita, up 60% and 50% respectively from the end of 2014. By the end of June 2019, China had 79 ATM machines per 100,000 people, which was significantly higher than the average level of 63 inRead More →

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