Monday, January 18, 2021
Tags State Information Center

Tag: State Information Center

State Information Center to Officially Launch Blockchain-based Service Network in April with China Mobile, China UnionPay

China's State Information Center (SIC) has unveiled plans to officially launch its Blockchain-based Service Network (BSN) within the next several months.

China Launches Nationwide Blockchain Service Network

China has just seen the launch of a new nationwide blockchain network by leading organisations from the government sector and the payments...

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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...