Tuesday, January 26, 2021
Tags Xiong'an New Area

Tag: Xiong'an New Area

Xiong’an New Area to Trial Use of Digital Renminbi for Cross-border Payments

The Xiong’an New Area in Hebei Province has unveiled plans to explore the use of the digital renminbi (central bank digital currency...

Xiong’an New Area Unveils Blockchain-driven Information System for Management of Fiscal Construction Funds

The Xiong'an New Area in northern China has just launched a new blockchain-driven system for the management of fiscal construction funds.

Bank of China Launches First Innovation R&D Base in Xiong’an New Area

Big state-owned lender Bank of China has launched its first "Innovation R&D Base" (创新研发基地) in the Xiong'an New Area of Hebei province...

Everbright Bank Establishes Blockchain-focused Fintech Laboratory in Xiong’an New Area

One of China's leading joint-stock banks has announced the launch of its own fintech research unit in the Xiong'an New Area of...

MYBank Teams up with Chinese Policy Bank to Boost Financial Inclusion in Xiong’an

Ant Financial-backed online lender MYBank (网商银行) has become the first financial institution to team up with a new micro-loan body launched in...

ICBC Launches Fintech Subsidiary in Xiong’an New Area Alongside Blockchain-driven Resettlement Platform

The fintech subsidiary of China's biggest bank in terms of assets has just commenced operation in the Xiong'an New Area of Hebei...

Xiong’an New Area Uses Blockchain to Manage Billion Yuan in Project Funds

Northern China's Xiong'an New Area has turned to the blockchain to improve the management of approximately 1 billion yuan in funding for engineering projects. The...

Xiong’an New Area Will Be the Model for High Quality Growth: NDRC

China's state planning department says that the Xiong'an New Area that was established to take pressure off nearby Beijing is set to become a...

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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...