China’s mobile payment volume reached 81 trillion yuan (US$12.77tn) as of October 2017, as cashless transactions continued to gain popularity in the world’s second largest economy. The mobile payment volume for the first ten months…
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China’s mobile payment volume is world’s largest at S$16.7 trillion
BEIJING (XINHUA) – China’s mobile payments totalled 81 trillion yuan (S$16.7 trillion) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
China’s mobile payment volume tops 81 trln yuan
China’s mobile payments totaled 81 trillion yuan (about 12.77 trillion U.S. dollars) as of October 2017, the world’s largest volume, official data showed. The volume was much more than the whole of 2016, which stood…
Mobile Applications Market Will Hit at US $94.15 Bn by the End of 2024
New York, NY — 02/14/2018 — Leading players operating in the global mobile applications are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., China Mobile Limited,Opera Software, SAP SE, Hewlett Packard Enterprise Development LP, and…
China’s obsession with QR codes
It’s no secret that China remains a leading force in the mobile payments sector thanks to the easy access of smartphones. In 2016, the transaction volume of mobile payments in China has reached RMB 35.33…
How China is using technology to bring its ancient — and more recent past – back to life
The remote village of Liangjiahe in China’s bleak northwest can take some getting to, even for the most committed “red tourist”. The dusty outpost was where Xi Jinping launched his political career and spent seven…
The Chinese overseas shopping spree slowed in 2017, but technology buying remains active
China’s overseas investments declined sharply last year, but technology related buying remained active, as the country pursued a more strategic approach and encouraged companies to purchase advanced technologies in the West. While some previously ……
How China is using technology to bring its ancient heritage to the world
For years, one had to physically travel some distance to see the remote village in China’s bleak northwest where the country’s paramount leader developed the no-nonsense approach he now uses to lead the world’s most…
China’s AI startups scored more funding than America’s last year
She spoke with MIT Technology Review about how bias gets into AI systems and how diversity can counteract it. Big Brother has an eye on the sty. At least in China, anyway, where tech giant…
Rising domestic spending power is expected to boost China’s big technology companies
China’s big technology companies are on track for strong growth, earning results posted over the past few weeks have shown. Banking on the country’s rising spending power, Alibaba Group Holding and NetEase have ploughed money…
China Mobile Selects Viavi to Launch 5G by 2019
China Mobile has partnered with Viavi to introduce 5G services in China by the end of 2019, ahead of the 2020 launch that most of the country’s operators are targeting. Bringing its 5G launch forward…
China’s astronauts prepare for a new era of exploration
China is planning its most ambitious space project yet: a manned station that will act as a base for experiments and further exploration In most suburbs of Beijing, the word “skyrocket” is usually used to…
Self-driving car technology gives a cutting edge
At present, advanced driver assistance systems (ADAS), which mainly include radar, cameras and ultrasonic sensors to make driving safer, have a relatively low rate of market penetration in China. “The rate in China is between…
