Category: Industry News

With the e-CNY pilot app now live and sub-wallets on more than 50 platforms, consumers in 12 pilot regions used the digital yuan across online and offline scenes for a first full Spring Festival season.

Many apps have launched elder modes, but investigations find intrusive ads, half-done font changes and hidden switch entries – because redesigns rarely pay off commercially.

From 1 March 2022, banks must verify customer identity and record the source or use of funds for individual cash transactions above RMB 50,000 or USD 10,000 equivalent – an anti-money-laundering measure.

Almost everything we use is made by manufacturers. Forbes reports that as technology advances, manufacturing will show ten major trends, from industrial IoT and digital twins to 3D printing and Web 3.0.

Telecom revenue reached RMB 1.47 trillion in 2021, up 8.0% – the fastest growth since 2014 – while 5G base stations hit 1.425 million and gigabit broadband reached 300-plus cities.

China’s industrial internet has entered the global first tier, moving from exploration into large-scale empowerment. In 2022, infrastructure and integrated applications are set to advance together.

Software business revenue hit RMB 9.50 trillion in 2021, up 17.7%, with profit at RMB 1.19 trillion. Cloud and big data services grew 21.2% and industrial software jumped 24.8%.

China Telecom officially launched 5G messaging on 25 January. Personal messages are free to receive and priced like SMS to send; enterprise messaging is charged by message type.

Digital technology amplifies and multiplies economic growth, but fusing it with the real economy requires patient, long-term R&D – the craftsman’s persistence applied to code and algorithms.

China’s AI industry is growing fast, but its root technologies – the foundational research and key techniques the whole stack depends on – remain relatively behind. Four priorities follow.