Tuesday, January 26, 2021
Tags Chinese sharing economy

Tag: Chinese sharing economy

Growth in China’s Sharing Economy Tipped to Stay Above 30% until 2023

The sharing economy has emerged as a major force in China, with Beijing forecasting robust growth until 2023. The State Information Center's Sharing Economy Research...

Beijing Targets Use of China’s Sharing Economy Platforms for Illegal Fund-raising

Beijing has launched a new directive that targets fraud involving the use of sharing economy platforms. The National Development and Reform Commission (NDRC) recently issued...

China’s Accommodation Sharing Market Grew by Over 70% in 2017

New data points to explosive growth in the phenomena of accommodation sharing in China's major urban centres. The "China Accommodation Sharing Development Report 2018" (中国共享住宿发展报告2018)...

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Tencent Drops Advertising Veteran Lau Seng Yee from Roster of Top Executives

Chinese tech giant Tencent has removed a veteran advertising executive from the line-up of its senior-most personnel, as online companies in China...

Ant Group and Others Engage in Monopoly Conduct, But “Regulatory Discussions” Will Not Affect Normal Development: CBIRC

The Chinese banking regulator has sought to reassure the broader market that China's business environment for private enterprises will not be adversely...

Chinese Banks See Net Profits Decline 1.8% in 2020

China's banking sector saw a sizeable decline in its net profits for 2020 amidst the adverse economic impacts of the COVID-19 pandemic....

Tencent Expects Cloud Computing to Be Essential Infrastructure for Finance, Domestic Market to Soon Hit 80B Yuan

A senior executive from Chinese tech giant Tencent forecasts that cloud computing will be a key area of development for China's fintech...