Tuesday, January 19, 2021
Tags Chinese electronic payments

Tag: Chinese electronic payments

Over 80% of Chinese Adults Make Use of Electronic Payments

A new report from the Chinese government points to ongoing gains in the use of electronic payments by adult consumers.

76.9% of Chinese Use Electronic Payments, over 45% Invest in WMP’s

A new report from the Chinese central bank points to ongoing expansion in the availability of financial and payments services for consumers throughout China,...

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Chinese Central Bank Hails Eradication of P2P Lending, “Orderly Disposal” of High-risk Financial Institutions

The People's Bank of China (PBOC) has highlighted the removal of all of the country's P2P lending platforms in 2020 as part...

NDRC Flags Active Fiscal Policy, Increased Spending on New Infrastructure in 2021

China's chief planning authority has outlined a raft of its policy intentions for 2021, as the national economy continues to recover from...

China’s GDP Breaches 100 Trillion Yuan Threshold after Posting 2.3% Growth in 2020, Disposable Income up 4.7%

Official data points to growth of over 2% in Chinese GDP in 2020 despite the adverse economic impacts of the COVID-19 pandemic....

China Bans Banks from Selling Depository Products via Third Party Online Platforms

Beijing has issued a new directive which further steps up pressure on the sale of depository products via online fintech platforms, after...