Saturday, January 16, 2021
Tags Suzhou

Tag: Suzhou

Suzhou Issues 20 Million Yuan in Digital Renminbi During Double 12 Shopping Festival

The Jiangsu-province city of Suzhou has just held a 20 million yuan lottery to issue winners with digital renminbi for consumer purchases.

JD.com Becomes First E-commerce Platform to Accept Digital Renminbi

Chinese e-commerce platform JD.com will play a key role in a lottery held in Suzhou to trial the retail usage of China's...

Suzhou to Hold Digital Renminbi Lottery During Double 12 Shopping Festival, Test “Dual Offline” Functionality

The Jiangsu province city of Suzhou plans to conduct digital renminbi lottery trials during this year's Double 12 Shopping Festival, following the...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.