May 15, 2017 / 3:36 AM / 3 months ago

China's central bank sets up fintech committee

FILE PHOTO: A woman walks out of the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing November 20, 2013.Jason Lee/File Photo

BEIJING (Reuters) - China's central bank has set up a fintech committee to study the impact of fintech on monetary policy, financial market, financial stability, payment and clearing.

The People's Bank of China (PBOC) made the announcement on its website on Monday.

Reporting by Beijing Monitoring Desk; Editing by Jacqueline Wong

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