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⍰ ASK How do electronic money institutions contribute to the development of the fintech sector in China?

Electronic money places are changing the fintech scene in China big time. They're bringing in cool tech like mobile payments, digital wallets, and blockchain, making financial transactions way better. This tech boost makes things faster, more efficient, and easier for everyone, pushing fintech forward.

Also, these places are a big deal for including more people in finance. They offer digital financial services that are easy to use, especially through apps and online platforms. This helps folks who didn't have much access to regular banks get into different financial things like payments, savings, and microfinance.
 

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