Monday, October 26, 2020
Tags Chinese automation

Tag: Chinese automation

Fintech

UnionPay Creates Unmanned Automated Supermarket Using QuickPass Payments App

CBNEditor - 0
Payments giant China UnionPay has used its QuickPass (云闪付) payments app to permit the creation of a convenience store in the Kunming...
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Banking

Big State-owned Banks Lead Sharp Cuts to Staff Levels as Fintech Takes Off in China

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Chinese banks oversaw sharp reductions to their staffing levels in the first half of 2019, amidst efforts by many lenders to expand...
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Fintech

China Could Automate Away 2.5 Million Customer Service Jobs, Banks Amongst Leading AI Adopters

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Chinese financial institutions are taking the lead in the adoption of artificial intelligence-driven customer service systems that could dramatically reduce staff numbers....
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Economy

China Puts Finishing Touches on Digital Economy Policy Framework, 5G Expected to Drive 15.2T Yuan in Growth

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The Chinese government is accelerating efforts to improve its overall policy framework for development and regulation of the digital economy.
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Most Read

Development of Dual Offline Digital Renminbi Wallets Is Complete: Chinese Central Bank’s Digital Currency Chief

Fintech CBNEditor - 0
The head of the People's Bank of China (PBOC) Digital Currency Research Institute Mu Changchun (穆长春) has revealed details concerning the development...
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China’s Elderly Population Will Exceed 300 Million During 14th Five Year Plan

Economy CBNEditor - 0
Data from the Ministry of Civil Affairs (MCA) indicates that China's population of elderly people is on track to approach a third...
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Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO

Fintech CBNEditor - 0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion

Economy CBNEditor - 0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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