Sunday, October 25, 2020
Tags Chinese internet of things

Tag: Chinese internet of things

China’s Industrial Internet of Things Grows 22% in 2019, Expected to Account for over 11% of GDP Growth in 2020

A new white paper on China's Industrial Internet of Things (IoT) has highlighted surging growth in its contribution to the Chinese economy...

MIIT Unveils Six Key Measures for Accelerating Development of China’s Industrial Internet

China's Ministry of Industry and Information Technology (MIIT) has launched a new raft of measures for expediting the growth of its Industrial...

Xi Jinping Calls for Incorporation of Blockchain, Cloud Technology and IoT into Social Regulation and Coronavirus Containment

President Xi Jinping has called for the greater use of technology for social regulation purposes as well as efforts to combat the...

Ping An Group Enters Strategic Fintech Partnership with Internet of Things Firm

One of China's leading financial conglomerates has entered a strategic partnership with a Shenzhen-listed Internet of Things (IoT) firm for collaboration in...

China Construction Bank Opens Trio of 5G-driven Smart Banks in Beijing

One of China's big six state-owned banks has taken the lead in launching its first group of 5G-driven smart premises in the...

Three Big State-owned Banks Enlisted to Aid China’s Electronic Toll Collection System

Three of China's big state-owned banks are working with the country's transport authority to advance use of its electronic toll collection (ETC)...

Biometric Payments Spread to Fifth-tier Chinese Cities as IoT Growth Surges

Facial scan payments are spreading to China's smaller population centres as the country's Internet of Things (IoT) sector posts roaring growth.

China’s Banking Regulator Hails Fintech’s Potential

A senior official from the China Banking and Insurance Regulatory Commission (CBIRC) has hailed the application potential of emerging forms of fintech such as...

State Think Tank Calls for Expanding Digital Economy’s 30% Share of Chinese GDP

One of China's leading government think tanks has called for measures to further expand the digital economy's share of national GDP from over 30%...

60% of Singles Day Payments Made Using Biometric Technology, Alipay Foresees Integration with IoT

China's latest record-breaking Singles Day sales event has marked the emergence of biometrics as the leading form of payment, with Alipay expecting its integration...

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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...

China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence

A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...