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Special fund for Internet financial service set up

( chinadaily.com.cn ) 2014-06-13

A special fund for Internet financial service started at the recent symposium “Modern service industry promotes Internet financial industry”. Set up by the Quantong Shanghai Financial Valley and Shanghai Service Industries Development & Research Foundation, the special fund is worth one million yuan ($160,100).

Lin Zhenxiong, head of the Quantong Shanghai Financial Valley, says the special fund serves Internet finance, including project research, business start-ups, employee training and information security management. It aims to reward and train outstanding professionals in the Internet financial industry of Shanghai and people who contribute to industrial development.

Quantong is a founder of the business model of modern service industry integration and innovation. Based on financial service outsourcing, it focuses on new information technology and capital investment to create an innovative, ecological and intelligent city.

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