Sunday, January 24, 2021
Tags Chinese information consumption

Tag: Chinese information consumption

Information Consumption in China Hits 5 Trillion Yuan, Accounts for over 10% of End Consumption

The latest official data indicates that the growth in China's information consumption is significantly outpacing overall growth in the Chinese economy.

China’s Information Consumption on Track to Hit 6tn Yuan by 2020

State media reports that Beijing plans to launch a raft of new policies and measures to support the growth of information consumption in China. Data...

China’s Information Consumption Market Set to Hit 6 Trillion Yuan by 2020

The central government hopes to drive surging growth in China's information consumption sector over the next several years. China's Ministry of Industry and Information Technology...

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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.