Sunday, January 17, 2021
Tags China Telecom

Tag: China Telecom

China Telecom Says Blockchain Technology Will Become Essential Cornerstone of 5G Ecosystem

The head of digital economy research at communications giant China Telecom says that blockchain technology will play a critical role in the...

China Telecom to Acquire Over 40% Stake in ZhongAn Online’s Microloan Vehicle

One of China's telecommunications giants is acquiring an over 40% stake in a microloan company launched by the fintech vehicle of leading...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.