IDEAS home Printed from https://ideas.repec.org/a/taf/rcejxx/v9y2016i3p225-239.html

From Fintech to Finlife: the case of Fintech Development in China

Author

Listed:
  • Long Chen

Abstract

The purpose of technology is not to make finance better, but to make finance serve real life better. Fintech has grown much faster in China than in the United States. In China, this success has come not from an initial technology advantage, but from integration between finance and real-life needs. This experience has important implications for understanding financial innovations, and for the development of inclusive finance.

Suggested Citation

  • Long Chen, 2016. "From Fintech to Finlife: the case of Fintech Development in China," China Economic Journal, Taylor & Francis Journals, vol. 9(3), pages 225-239, September.
    • Handle: RePEc:taf:rcejxx:v:9:y:2016:i:3:p:225-239
    DOI: 10.1080/17538963.2016.1215057
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17538963.2016.1215057
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17538963.2016.1215057?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhu, Danyang, 2025. "Digital financial development, farmers' digital financial behavior, and relative poverty: An empirical analysis based on data from farmers in Yongzhou City," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 1801-1819.
    2. Santiago Carbó Valverde & Pedro J. Cuadros Solas & Francisco Rodríguez Fernández, 2020. "Taxonomy of the Spanish FinTech ecosystem and the drivers of FinTechs’ performance," Revista de Estabilidad Financiera, Banco de España, issue Primavera.
    3. Jimmy ALANI, 2021. "Financialization and political economy of financial regulation in Uganda," Journal of Economics and Political Economy, EconSciences Journals, vol. 8(1), pages 58-88, March.
    4. Shijun Chai & Li Zhou & Yang Chen, 2023. "Digital Finance and Entrepreneurial Return Rate: Effects, Mechanisms and Inequality," SAGE Open, , vol. 13(4), pages 21582440231, October.
    5. Hongjie Cao & Kexin Shen & Qifan Chen & Wen Wen, 2024. "Impact of Broadband China Infrastructure Strategy on Fintech: A Quasi-Natural Experiment," Sustainability, MDPI, vol. 16(4), pages 1-20, February.
    6. Md Qamruzzaman, 2023. "Does financial innovation foster financial inclusion in Arab world? examining the nexus between financial innovation, FDI, remittances, trade openness, and gross capital formation," PLOS ONE, Public Library of Science, vol. 18(6), pages 1-28, June.
    7. Zhou, Rongjun & Fu, Qian, 2025. "Inclusive finance and urban household consumption: Evidence from a Quasi-natural Experiment in China," Finance Research Letters, Elsevier, vol. 76(C).
    8. Dandan Dai & Yijia Chen, 2022. "The geography of the fintech industry in China: An analysis of China’s city‐level patenting," Growth and Change, Wiley Blackwell, vol. 53(4), pages 1907-1932, December.
    9. Sarah Hall, 2023. "Anticipating Sino-UK fintech networks and the changing geographies of money as infrastructure," Environment and Planning A, , vol. 55(4), pages 931-948, June.
    10. Xiong, Mengzhi & Yang, Xuan & Huang, Bihui, 2025. "The impact of digital finance on the social governance capacity," Finance Research Letters, Elsevier, vol. 75(C).
    11. Gao, Lifei & Wang, Dongni & Wang, Guojun & Shi, Hao, 2025. "Does online payment promote the purchase of commercial insurance? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 98(C).
    12. repec:osf:osfxxx:y7zds_v1 is not listed on IDEAS
    13. Yingyuan Liu & Qian Wan & Wenhui Chen, 2024. "RETRACTED ARTICLE: Digital Inclusive Finance as a Catalyst for Rural Revitalization: An Empirical Analysis from the County Development Perspective in Hubei Province," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 11548-11580, September.
    14. Nalluri, Venkateswarlu & Chen, Long-Sheng, 2024. "Modelling the FinTech adoption barriers in the context of emerging economies—An integrated Fuzzy hybrid approach," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    15. Luana Serino & Elbano de Nuccio & Elena Borin & Armando Papa, 2026. "FinTech adoption and continuance: unveiling the drivers of user engagement in Italy," International Entrepreneurship and Management Journal, Springer, vol. 22(1), pages 1-27, March.
    16. Yanfang Wang & Bin Zhang & Haifeng Hu, 2026. "How does FinTech development impact technological progress? A theoretical framework and empirical evidence," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 12(1), pages 1-46, December.
    17. Li, Ye & Lu, Honghong & Sun, Minxian, 2025. "Fulfillment of environmental responsibility, targeted reduction of inclusive finance and corporate NPD innovation," International Review of Financial Analysis, Elsevier, vol. 99(C).
    18. Jiyuan Zhang & Shirong Zhao & Guangshun Qiao, 2026. "Fintech and bank efficiency: a robust nonparametric approach for Chinese commercial banks," Journal of Productivity Analysis, Springer, vol. 65(1), pages 1-21, March.
    19. Houda Litimi & Ahmed BenSaïda & Mohamed Mahees Raheem, 2024. "Impact of FinTech Growth on Bank Performance in GCC Region," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 23(2), pages 227-245, June.
    20. Donghong Wu & Yiren Chen, 2023. "Digital Inclusive Finance Development and Labor Productivity: Based on a Capital-Deepening Perspective," Sustainability, MDPI, vol. 15(12), pages 1-17, June.
    21. Santiago Carbó Valverde & Pedro J. Cuadros Solas & Francisco Rodríguez Fernández, 2020. "Taxonomy of the Spanish FinTech ecosystem and the drivers of FinTechs’ performance," Financial Stability Review, Banco de España, issue Spring.
    22. Chen, Xuchang & Zhang, Zhu, 2025. "Fintech development and corporate misconduct," Technological Forecasting and Social Change, Elsevier, vol. 213(C).
    23. Huawang Jin & Chuanzhong Du & Mengchen Wang & Yameng Wang & Lei Chen, 2024. "Reducing the Consumption Gap Between Urban and Rural Areas: The Role of Rural Industrial Integration in China," Sustainability, MDPI, vol. 16(23), pages 1-17, December.
    24. Payam Hanafizadeh & Mojdeh Gerami Amin, 2023. "The transformative potential of banking service domains with the emergence of FinTechs," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 28(3), pages 411-447, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcejxx:v:9:y:2016:i:3:p:225-239. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.