China introduces structural reforms in data and finance


China has recently introduced a series of reforms intended to improve the structure of its data and finance industry. These reforms include loosening restrictions on the entry of foreign financial institutions, encouraging the development of private sector financing, and encouraging the development of fintech firms. The reforms are also aimed at improving the supervision of data and financial activities, tackling money laundering and cybercrime, and promoting the development of a more transparent and efficient data and financial sector.