Thumbnail

Li Dongrong

Li Dongrong is president of the National Internet Finance Association of China (NIFA), and a professor and an academic committee member of the Post-Doctorate Research Center of the Financial Research Institute under the People’s Bank of China (PBoC).

Prior to joining the NIFA, he served as deputy governor of the PBoC, deputy administrator of the State Administration of Foreign Exchange, chairman of the China Financial Standardization Technical Committee and member of China’s National Narcotics Control Commission.

Li has particular experience in monetary policy, foreign exchange management, anti-money laundering, currency circulation and financial technology, and holds a PhD in economics from the Central University of Finance and Economics in Beijing.

Follow Li

Articles by Li Dongrong

The role of e-cash in China

The use of e-cash stored on integrated circuit cards notably reduces cash handling fees and increases security. It also offers greater convenience notwithstanding the rise of mobile payments