Digitization & trends in Banking industry in China to promote digital-only banks in future

reogma|Digitization & trends in Banking industry in China to promote digital-only banks in future

“Digital China” was treasured in the country’s 2016–2020 five-year economic plan and is a top economic priority at present. The "China's digital transformation involves the use of technologies that include the mobile Internet, Big Data, the Internet of Things, Cloud computing, block chain and artificial intelligence which are now being embraced by the Chinese banks as well.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Ket Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Different types of Bank in China are:

  • Specialized banks – The four specialized banks in the country are the Agricultural Bank of China (ABC), Industrial & Commercial Bank of China (ICBC), and the Bank of China (BOC)
  • Specific lending purpose banks – These include the Agricultural Development Bank of China (ADBC), and the China Development Bank (CDB)
  • Commercial banks
  • Foreign banks

China has the biggest bank loan market across the globe, whereby the banking system is heavily regulated and has been dominated by the big five state-owned commercial banks. These commercial banks to the investment banks and the private bank have been early adopters of financial technology. 2017 is the breakaway year as the Central Bank of China continue to secure the digitization in payment and banking sector through reinforced regulation.


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“Digital China” was treasured in the country’s 2016–2020 five-year economic plan and is a top economic priority at present. The "China's digital transformation involves the use of technologies that include the mobile Internet, Big Data, the Internet of Things, Cloud computing, block chain and artificial intelligence which are now being […]
reogma|Digitization & trends in Banking industry in China to promote digital-only banks in futurereogma|Digitization & trends in Banking industry in China to promote digital-only banks in future

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