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Under the Chinese government's..........>

CHINA PRESS: Under the Chinese government's campaign to encourage innovation and
entrepreneurship, financial technology (FinTech) has became an important sector
regulators want to encourage and improve, the Economic Information Daily
reported Thursday. A number of policies, from both the central and local
governments, aimed at supporting FinTech have been issued in the past 30 days,
the newspaper noted.  Among other things, The policies allow FinTech companies
to use alternative collateral, such as intellectual property, to back financing.
(Economic Information Daily)

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