Friday, October 30, 2020
Tags Chinese bank cards

Tag: Chinese bank cards

Chinese Bank Cards Increase 8.9% YoY in 2019 to 8.53 Billion

A new report from the peak body for the Chinese banking sector points to robust growth in bank cards in 2019.

PBOC Approves First Bank Card Clearing License for China UnionPay

China's central bank has given its approval to the issuance of the country's first bank card clearing operations license in anticipation of...

Over 100M China UnionPay Cards Issued Abroad, Transaction Volume Up 40% YoY in 2018

Chinese bank card giant UnionPay is fast expanding its overseas presence in terms of cards issued abroad as well as transaction volumes. Data just released...

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...