Sunday, October 25, 2020
Tags Chinese tech

Tag: Chinese tech

China Launches 11 New Bases for Development of Hi-tech Sector, Beijing Designated as AI Centre

The Chinese central government has announced the launch of nearly a dozen new hubs around the country for the development of hi-tech...

Alibaba Launches Rhino Smart Manufacturing Platform, Opens Cloud-driven Digital Factory in Hangzhou

Chinese tech giant Alibaba has just launched a new smart manufacturing platform that incorporate a swathe of advanced technologies including cloud computing,...

Beijing Officially Unveils Artificial Intelligence Industry Alliance in Zhongguancun

China has just seen the launch of a new artificial intelligence industry association in Beijing's hi-tech hub of Zhongguancun.

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...

JD.Com’s Fintech Subsidiary Adds Content Communities and Search Function to Flagship App

The fintech subsidiary of e-commerce giant JD.com has announced that it has added content communities and search functions to the upgraded version...

Washington Think Tank Calls for US to Adopt National Industrial Strategy to Counter Chinese Tech Threat

A leading Washington think-tank has called for the US to dial back its long-standing fixation on free markets, and to emulate the...

China’s Securities Authority Establishes Big-data Regtech Department

The China Securities Regulatory Commission (CSRC) has just announced the establishment of a new internal regtech office.

Baidu’s First Quarter Revenues Decline 7% YoY, Core EBITDA up 38%

Tech giant Baidu saw a sizeable decline in total revenues in the first quarter of 2020, as China's economy grappled with the...

Huawei Exec Says US Is Scared of Losing Its Tech Hegemony

A leading executive from Chinese telecommunications giant Huawei has lashed out at the US following the introduction of strict new trade restrictions,...

Huawei Executes Strategic Cooperative Agreement with China UnionPay

Telecommunications giant Huawei has just entered a strategic partnership with leading Chinese payments provider China UnionPay.

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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...