Wanda Group gains China's first network credit business license. [File Photo: sina.com]

Dalian Wanda Group says Internet finance is the most important driver for its future development.

Chairman Wang Jianlin says Wanda has gained China's first network credit business license, and it is to have an initial public offering for its Internet finance arm.

Wang says the company will focus on five major platforms, including big data analysis, credit investigation, online lending, mobile payment as well as membership cards.

Wanda's Internet finance services aim to cover 5-thousand shopping centers and 800 million consumers by 2020.

It will also extend 300 billion yuan or 45 billion US dollars of loans online.