Quotable quotes at Boao Forum
chinadaily.com.cn | Updated: 2017-03-25 08:45
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Gregory Gibb, CEO of Shanghai Lujiazui International Financial Asset Exchange Co Ltd [Photo/VCG] |
The partnership between Chinese internet companies and banks will unleash huge potential. Currently, Chinese banks generate 60 to 80 percent of their profits from corporate customers. Their individual customer base just started to grow over the past 10 years. Most internet companies know little about finance. Once they team up with banks, they can better serve the country's individual customers.
- Gregory Gibb, CEO of Shanghai Lujiazui International Financial Asset Exchange Co Ltd
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