Tuesday, December 1, 2020
Tags Chinese digital economy

Tag: Chinese digital economy

China Cracks Down on Monopolistic Conduct of Online Tech Giants

China has unveiled the draft version of new anti-monopoly laws that target the immense economic power of the country's incumbent tech giants....

China’s Third Party Digital Lifestyle and Services Market Continues to See Rapid Growth

China's digital economy is expected to continue to see burgeoning growth in the 2020's. A...

China’s Digital Trade Surplus Rises 46.1%

A new report points to a surge in China's digital trade surplus in 2019, as Beijing steps up efforts to drive the...

Beijing, Shanghai and Guangdong Province Home to 70% of China’s Top Internet Firms

A new report has found that China's digital and Internet economy remains heavily concentrated in giant urban centres of Beijing, Shanghai and...

State Council Flags Support for “New Consumption,” Reduction in Payment Processing Fees

China's top government authority has issued a new directive flagging plans to drive the growth of "new consumption" via a range of...

Beijing Plans to Launch Digital Renminbi Trials, Digital Wallet System in Free Trade Pilot Zone

The Chinese government has just released new plans for the Beijing free trade pilot zone that outline trials of the Chinese central...

Digital Economy Makes 67.7% Contribution to Chinese GDP Growth

The digital economy accounted for over two-thirds of China's GDP growth in 2019 according to the latest raft official data.

Tencent’s 2020 Digital China Report Highlights Pearl River Digitisation, Nationwide Surge in Cloud Usage

A new report from Tencent on the state of China's digital economy points to the widespread digitisation measures of cities in the...

China Researching Development of Digital Transactions Regulatory Framework

The Chinese central government has flagged efforts to research and develop a regulatory framework for transactions involving digital assets, as part of...

China Launches Global Data Security Initiative

The Chinese central government has launched a new initiative to shore up global data and information security.

Most Read

Chinese Banks to See 7% Profit Drop in 2020, NPL Ratio Set to Rise to 2%: Bank of China Report

A report from one of China's big state-owned banks foresees a sizeable drop in the profits of the Chinese banking sector as...

Qualified Domestic Institutional Investor Funds Post Bumper Performance in 2020

Qualified domestic institutional investor (QDII) funds in China have seen impressive gains in 2020 despite the global economic impacts of the COVID-19...

Microwave Giant Galanz Sues Guangdong Xinbao Following Industrial Espionage Allegations

A legal dispute has broken out between two leading home appliance makers in Guangdong province following accusations of industrial espionage involving a...

Chinese Banks Suspend Trading of Gold and Platinum Due to Concerns over Post-US Election Price Plunge

A slew of leading Chinese banks have announced the suspension of trading of gold and platinum due to concerns over market volatility...