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Tuesday, March 03, 2015
Government Won't Treat Internet Finance Differently
ANBOUND

Wu Xiaoling, Vice-Chairperson of the Financial and Economic Affairs Committee of the National People's Congress, said that although internet finance adopted modern information technology, its nature was still finance and the government wouldn't establish special laws and regulations for it. ANBOUND think tank scholars believe that her understanding of internet finance is reasonable. Internet finance is still finance by nature. But the question is whether internet finance, which is developing in a difficult situation, can enjoy same treatment as other financial institutions.

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