Tuesday, December 1, 2020
Tags Chinese information consumption

Tag: Chinese information consumption

Information Consumption in China Hits 5 Trillion Yuan, Accounts for over 10% of End Consumption

The latest official data indicates that the growth in China's information consumption is significantly outpacing overall growth in the Chinese economy.

China’s Information Consumption on Track to Hit 6tn Yuan by 2020

State media reports that Beijing plans to launch a raft of new policies and measures to support the growth of information consumption in China. Data...

China’s Information Consumption Market Set to Hit 6 Trillion Yuan by 2020

The central government hopes to drive surging growth in China's information consumption sector over the next several years. China's Ministry of Industry and Information Technology...

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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...