Saturday, October 31, 2020
Tags Chinese fintech

Tag: Chinese fintech

Fintech

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

CBNEditor - 0
ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Fintech

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

CBNEditor - 0
Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
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Fintech

Shanghai Launches Insurance Blockchain Innovation Centre

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Shanghai has just seen the establishment of a new insurtech research institute that focuses on blockchain applications.
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Fintech

Inaugural List of China’s Top 10 Fintech Companies Released by Hurun Report

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The Hurun Report has just released its first list of the top 10 enterprises in China's fintech sector in terms of value....
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Fintech

Fake Digital Renminbi Wallets Have Already Emerged on the Chinese Market: Chinese Central Bank

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Chinese regulators are already contending with the appearance of fake wallets for the statutory digital currency which is currently undergoing trial operation...
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Economy

Digital Renminbi Could Evolve into Global Currency: Ex-Bank of China Chief

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Li Lihui (李礼辉), the former head of the Bank of China, believes that the development of the digital renminbi could pave the...
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Fintech

Chinese Central Bank Says No Competitive Relationship Between Digital Renminbi and Alipay or WeChat Pay

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The head of the People's Bank of China's (PBOC) Digital Currency Research Institute has provided more details on the potential impact of...
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Fintech

Industrial IoT Financing the Next “Blue Ocean” for Chinese Fintech: Huang Qifan

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The former mayor of Chongqing municipality Huang Qifan (黄奇帆) expects Industrial Internet of Things (IIoT) financing to be the next major area...
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Fintech

Jack Ma Calls for Replacing “Pawnshop Mentality” of Traditional Banks with Big Data-based Credit System

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Alibaba-founder Jack Ma has decried the collateral focus of traditional banks in the Chinese financial system, calling instead for the use of...
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Banking

Digital Lender XWBank Sees Q3 Profits Rise 32%

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Sichuan-based direct lender XWBank has seen a sharp on-quarter rise in its profits in the third quarter of 2020, as China makes...
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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

Banking CBNEditor - 0
The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...
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ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

Fintech CBNEditor - 0
ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...
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Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Fintech CBNEditor - 0
Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.
Read more

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

Banking CBNEditor - 0
The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...
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