Tuesday, October 27, 2020
Tags Chinese automation

Tag: Chinese automation

UnionPay Creates Unmanned Automated Supermarket Using QuickPass Payments App

Payments giant China UnionPay has used its QuickPass (云闪付) payments app to permit the creation of a convenience store in the Kunming...

Big State-owned Banks Lead Sharp Cuts to Staff Levels as Fintech Takes Off in China

Chinese banks oversaw sharp reductions to their staffing levels in the first half of 2019, amidst efforts by many lenders to expand...

China Could Automate Away 2.5 Million Customer Service Jobs, Banks Amongst Leading AI Adopters

Chinese financial institutions are taking the lead in the adoption of artificial intelligence-driven customer service systems that could dramatically reduce staff numbers....

China Puts Finishing Touches on Digital Economy Policy Framework, 5G Expected to Drive 15.2T Yuan in Growth

The Chinese government is accelerating efforts to improve its overall policy framework for development and regulation of the digital economy.

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Further Opening of Financial Sector Is Inevitable: Chinese Central Bank Chief

Yi Gang (易纲), the governor of the People's Bank of China (PBOC), has highlighted the external opening of the Chinese financial sector...

Zhou Xiaochuan Denies that Belt and Road Is Debt-trap Diplomacy

The former governor of the Chinese central bank has addressed accusations that China's much vaunted Belt and Road Initiative perpetrates a form...

Shenzhen the Stage for Further Chinese Depository Receipt Reforms as China Drives Capital Market Internationalisation

The southern tech hub of Shenzhen is set for further trials of Chinese Depository Receipts (CDR) as part of broader reforms to...

Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...