Tuesday, January 26, 2021
Tags Chinese digital economy

Tag: Chinese digital economy

China Cracks Down on Monopolistic Conduct of Online Tech Giants

China has unveiled the draft version of new anti-monopoly laws that target the immense economic power of the country's incumbent tech giants....

China’s Third Party Digital Lifestyle and Services Market Continues to See Rapid Growth

China's digital economy is expected to continue to see burgeoning growth in the 2020's. A...

China’s Digital Trade Surplus Rises 46.1%

A new report points to a surge in China's digital trade surplus in 2019, as Beijing steps up efforts to drive the...

Beijing, Shanghai and Guangdong Province Home to 70% of China’s Top Internet Firms

A new report has found that China's digital and Internet economy remains heavily concentrated in giant urban centres of Beijing, Shanghai and...

State Council Flags Support for “New Consumption,” Reduction in Payment Processing Fees

China's top government authority has issued a new directive flagging plans to drive the growth of "new consumption" via a range of...

Beijing Plans to Launch Digital Renminbi Trials, Digital Wallet System in Free Trade Pilot Zone

The Chinese government has just released new plans for the Beijing free trade pilot zone that outline trials of the Chinese central...

Digital Economy Makes 67.7% Contribution to Chinese GDP Growth

The digital economy accounted for over two-thirds of China's GDP growth in 2019 according to the latest raft official data.

Tencent’s 2020 Digital China Report Highlights Pearl River Digitisation, Nationwide Surge in Cloud Usage

A new report from Tencent on the state of China's digital economy points to the widespread digitisation measures of cities in the...

China Researching Development of Digital Transactions Regulatory Framework

The Chinese central government has flagged efforts to research and develop a regulatory framework for transactions involving digital assets, as part of...

China Launches Global Data Security Initiative

The Chinese central government has launched a new initiative to shore up global data and information security.

Most Read

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Research

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...

Banks in Guangzhou, Shenzhen Reportedly Suspend New Mortgages as Regulators Tighten Restrictions on Property Loans

Banks operating in the Guangdong province capital of Guangzhou have reportedly suspended the provision of new mortgages following the imposition of caps...