The Paypers：2025年开放金融报告：开放倡议下的增长潜力（英文版）

This report reflects a key truth we’ve observed in our global coverage: there is no single path to openness but collaboration is always the foundation of successful initiatives. Whether driven by regulation, market bias, or public infrastructure, Open Finance becomes successful when all participants – financial institutions, fintechs, policy makers, and consumers – collaborate toward shared value creation. As you read through these chapters, you’ll find not only an assessment of where we stan