On the afternoon of March 11th, 2021, the white paper "Embracing the Challenge at the Crossroad: A New Chapter in China's FinTech Industry" was jointly released by the World Economic Forum (WEF) and the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University (SJTU). The white paper, authored by Professor Jie Hu, Professor of Practice at SAIF, reviews China's FinTech journey in three stages. It explores three innovative drivers behind the evolution, discusses the current hot topics in the domain, puts forward the challenges faced by the industry and regulators alike, and inspires readers to drill down into the key issues.
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