Saturday, January 23, 2021
Tags Chinese consumption vouchers

Tag: Chinese consumption vouchers

Ant Financial CEO Calls for Converting COVID-19 Consumption Vouchers into a Long-term Policy Tool

The CEO of payments giant Alipay says that the consumption vouchers issued by Chinese authorities to help deal with the short-term economic...

China Issues $2.7 Billion in Consumption Vouchers to Deal with COVID-19’s Blow to Economy

China has already issued consumption vouchers worth close to USD$2.7 billion in a bid to stem the impacts of the COVID-19 pandemic...

Agricultural Bank of China Cooperates with UnionPay on Issuance of Consumption Vouchers

Big state-owned lender Agricultural Bank of China (ABC) is working with payments giant China UnionPay to issue government consumption vouchers to help...

UnionPay Helps Issue over $56 Million in Digital Consumption Vouchers Across China

Payments giant China UnionPay is helping local authorities to issue consumption vouchers to stimulate lacklustre regional economies in the wake of the...

China Expected to Issue over $7 Billion in Consumption Vouchers Following COVID-19 Outbreak, Small Business Set to Benefit

Regional governments around China are stepping up their issuance of consumer vouchers in the wake of the COVID-19 outbreak in order to...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.