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Market size of fintech market in China 2016-2022

Published by
Daniel Slotta,
Jun 21, 2021
In 2019, China's fintech industry had a market value of over 375 billion yuan. According to the forecasts, the market size was projected to reach 542 billion yuan by 2022. In many ways, China is the vanguard of the global fintech industry, with tech giants, such as Alibaba and Tencent, bringing digital financial services to over one billion consumers.

Value of the financial technology industry in China from 2016 to 2019 with a forecast until 2022 (in billion yuan)

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Sources

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Release date

April 2021

Region

China

Survey time period

2016 to 2019

Supplementary notes

*Forecast.

One yuan equals 0.16 U.S. dollars and 0.13 euros (as of June 2021).

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