Tuesday, June 22, 2021
Tags Chinese IoT

Tag: Chinese IoT

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...

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...

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.

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Alibaba Invests USD$15 million in Launch of “Smart Finance” Digital Subsidiary

Chinese e-commerce giant has Alibaba just launched a new wholly invested fintech subsidiary helmed by a senior executive from its Ant Group-backed...

PBOC to Issue 5 Billion Yuan in 6-month Central Bank Bills on 24 June in Hong Kong

The People's Bank of China (PBOC) has announced plans for a new issue of central bank bills (CBB) via Hong Kong on...

Structured Deposits at Chinese Banks Drop to New Low for 2021 in May

Outstanding structured deposits of Chinese banks have further fallen to a new low for the year following a crackdown on use of...

Bank of China Commits to Development of New Blockchain Applications

A senior tech executive from one of China's big state-owned banks has stressed the lender's commitment to the development and application of...