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Chinese automation
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Chinese automation
Fintech
UnionPay Creates Unmanned Automated Supermarket Using QuickPass Payments App
CBNEditor
-
April 21, 2020
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
CBNEditor
-
February 4, 2020
0
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
CBNEditor
-
July 21, 2019
0
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
CBNEditor
-
June 5, 2019
0
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
Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%
Economy
CBNEditor
-
April 16, 2021
0
China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...
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China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%
Economy
CBNEditor
-
April 16, 2021
0
Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...
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MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability
Banking
CBNEditor
-
April 16, 2021
0
The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...
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PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments
Fintech
CBNEditor
-
April 16, 2021
0
The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...
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