24 April 2014
China's pilot of 500,000 banking agents show significant promise for financial inclusion. Allowing these agents to offer a greater variety of services, such as taking deposits and opening new accounts, could lead to faster growth and more usage.
An agent in a semi-rural area of China
21 April 2014
Technology and innovation hold great promise for deepening financial access in China. But despite recent improvements, China is home to a huge unbanked population - second only in size to India.
A woman leans on a bag of rice
11 October 2013
1 comment
China's Alibaba Group is not only the world's largest e-commerce company, but it is also an innovator in microfinance. Alibaba leverages big data to link rural villages with the goods, sales channels and financial services they need to grow their businesses.
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