Pandaily's Digest #20201221

Chinese fintech giants remove their interest-bearing online time deposit products, UNDP and Tsinghua University host AI Cooperation and Governance Forum, Pinduoduo holds Smart Agriculture Competition.

Online Deposit Products from Fintech Giants Pulled, Regulation Continues to Tighten

JD Digits, Lufax, Baidu and many Chinese fintech giants have removed their interest-bearing online time deposit products after Alipay pulled its internet deposit product on Dec. 18.

UNDP Supports Tsinghua University in Organizing Global Dialogue on AI Cooperation and Governance

The United Nations Development Program (UNDP) joined Tsinghua University to support the inaugural International AI Cooperation and Governance Forum which kicked off on Dec. 19. 

Huawei Launches All-in-One Smart Home Solution, Smart Screen S Series, and Huawei Smart Screen for Cars

Huawei held a launch event on Dec. 21 to release its latest products in the Chinese city of Dongguan. 

AI Planting — Pinduoduo’s Next Move in Smart Agriculture

In July, Pinduoduo, China’s largest agricultural innovation platform, invited four AI research teams and four proficient farmers to participate in a strawberry planting competition.

Budget Retail Giant Miniso Enters Toy Market

Budget retail store Miniso is joining the global toy market with the debut of its TOP TOY store in Guangzhou.

Gucci to Join Alibaba’s Tmall Luxury Pavilion: Global Luxury Brands’ Next Step in China

Gucci opened its first flagship store today on Alibaba’s Tmall, an e-commerce platform for B2C online retail in China. 

---