May 15, 2017 / 3:33 AM / 7 months ago

China's central bank sets up fintech committee

BEIJING (Reuters) - China’s central bank has set up a fintech committee to study the impact of fintech on monetary policy, financial market, financial stability, payment and clearing.

FILE PHOTO: A woman walks out of the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing November 20, 2013. REUTERS/Jason Lee/File Photo

The People’s Bank of China (PBOC) made the announcement on its website on Monday.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

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