Friday, October 23, 2020
Tags Chinese digital economy

Tag: Chinese digital economy

Fintech

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

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

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

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

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

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

Digital Economy Makes 67.7% Contribution to Chinese GDP Growth

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

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

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

China Researching Development of Digital Transactions Regulatory Framework

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

China Launches Global Data Security Initiative

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

Beijing Unveils Plan for International Big Data Exchange as Part of Digital Economy Ambitions

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The Beijing municipal government has issued a slew of ambitious new plans to advance the development of the regional digital economy.
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Opinion

US Tech Giants Stand to Lose Most If WeChat, TikTok Ban Leads to Worldwide Internet Sovereignty: Rich Turrin

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Shanghai-based fintech veteran Rich Turrin says that American tech giants stand to be the biggest losers from the Trump administration's imposition of...
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Economy

Hunan Province Launches 100 Digital “New Infrastructure” Projects Worth $8.2 Billion

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The central Chinese province of Hunan has unveiled ambitious plans for spending on digital "new infrastructure" projects.
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China’s P2P Platforms Drop from 5000 to Less Than 6

Fintech CBNEditor - 0
Chinese P2P lending has been all-but squeezed out of existence by regulators in response to widespread issues with fraud in the once-flourishing...
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CSRC Says Blockchain Used in Regtech Pilot Schemes for China’s Regional Equity Markets

Fintech CBNEditor - 0
A senior official from the China Securities Regulatory Commission (CSRC) has highlighted the application of blockchain technology to regulatory trials in the...
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China’s Top Finance Regulators Send Raft of Policy Signals at 2020 Financial Street Forum

Banking CBNEditor - 0
Senior officials from the People's Bank of China (PBOC), the China Banking and Insurance Regulatory Commission (CBIRC) and the China Securities Regulatory...
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PBOC to Issue New Rules on Assessment of Systemically Important Banks

Banking CBNEditor - 0
A senior official has flagged the imminent launch by the Chinese central bank (the People's Bank of China) of new rules governing...
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