Digital Currency Debuts as Part of Salary in Suzhou, Local Report says
Some civil servants have already received part of their salary in the form of digital currency in Suzhou, according to Chinese state-owned media.
8/28/20204 min read
Tag: #Digital economy
Showing 9 of 21 posts with this tag
StarHeir Technology Secures Two Rounds of Financing Totaling Tens of Millions of Yuan
StarHeir Technology, a virtual fashion startup, has recently completed two rounds of financing totaling tens of millions of yuan, with investors including Cathay Capital, New World Development Company Limited, X Museum and its exisiting shareholder NetEase.
8/2/20222 min read
Huawei Details Global Expansion of Financial Services at Singapore Summit
Huawei is looking to globalize its operations in the financial services field, with a particular focus on Africa and the Asia-Pacific.
7/21/20223 min read
Tencent-Backed Digital Content Firm China Literature Publishes Financial Report, Showing Rebound from Rocky 2020
The leading platform for digital literature in China released its financial report for the first half of 2021 on Monday, showing stellar revenue growth and modest improvements in its active readership base.
8/17/20213 min read
China's Top Economic Official Liu He Voices Support for Tech Sector
Chinese Vice Premier and top economic official Liu He said at a meeting held in Beijing on Tuesday that the government will support digital enterprises to pursue public listings in domestic and foreign capital markets.
LEGO and Tencent Renew Strategic Cooperation on Video, Games and More
LEGO Group and Tencent announced a renewed MoU on strategic cooperation to further consolidate and expand their collaboration in the field of digital play experiences for children.
1/15/20202 min read
Turning Their Backs on Factories, China’s Small-Town Youths Make a Living on the Internet
With factory workers who once formed China’s economic backbone aging and their children shifting from traditional sectors to the booming Internet industry, policymakers have taken steps to address the change.
9/10/202118 min read
PayPal to Enter China’s Online Payment Market
Following U.S. digital money transfer platform PayPal’s acquisition of Chinese licensed payment company GoPay in 2019, PayPal made another move to hold the full equity of GoPay today.
1/12/20212 min read
Four New Great Inventions of China: Over 1B Monthly WeChat Users
On March 5, the first session of the 13th National People's Congress (NPC) opened in Beijing's Great Hall of People. NPC members Pony Ma, Wang Yaping, and Xu Li...