Tag "china"

Hangzhou Pushes Blockchain, Fintech Innovation

Hangzhou, one of China’s top fintech hubs, is pushing for blockchain innovation. Xu Liyi, mayor of Hangzhou city, has listed blockchain development into the official government report and several initiatives have been undertaken by the government to nurture a healthy

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China E-Commerce Industry Enters “New Retail” Era

The Chinese retail industry is entering a “new retail” era, characterized by the widespread use of technologies such as artificial intelligence (AI) and big data to digitalize the entire value chain, according to PwC. China is the world’s biggest consumer

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6 Blockchain Projects That Gives a Snapshot of Shanghai’s Booming Blockchain Scene

Despite the crackdown on cryptocurrency by the Chinese Government the blockchain scene is thriving in China. Over the past 3 months the government of China has invested over US $ 3 billion in blockchain focused funds. It is reported that

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China’s P2P Lending: The House of Cards Crumbles

Over the past decade, millions of Chinese investors sunk their cash into thousands of peer-to-peer (P2P) lending platforms. These were promised steady growth, big dividends, and a chance to put financial worries behind. But over the past months, a wave

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Blockchain Courses in Hong Kong and China

With more and more investment pouring into blockchain startups, the demand for talents in blockchain technology has also risen. Blockchain courses are becoming popular in Hong Kong and China. What are the trends in blockchain courses? Blockchain Courses in China: Blockchain

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10 Most Well-Funded Fintech Companies in China

China is undeniably the world’s fintech leader, hosting some of the largest and most popular ventures in the field. More than US$20 billion has been invested in Chinese fintech companies since 2014 with funding topping US$1 billion in Q1 2018

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Government Efforts Push Fintech Innovation In Guangzhou

China is undeniably the world leader in fintech, hosting some of the most innovative and successful companies in the sector, including Alibaba’s Ant Financial worth a whopping US$150 billion and Lufax, China’s largest online wealth management platform worth an estimated

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Fintech And Blockchain See Strong Rise In Hangzhou

When talking about fintech in China, it is common to hear mentions of hubs such as Hong Kong, Beijing, Shanghai and Shenzhen, but the lesser known city of Hangzhou is quickly catching up with its counterparts.   Hangzhou, a startup

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Fintech In China: What To Expect In 2018

Traditional financial centers such as London and New York are witnessing increasing pressure from Chinese cities such as Beijing and Shenzhen which are quickly becoming front runners in the fintech race. By many measures, China can already be considered the world leader

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New Report Analyzes China’s Impressive Trajectory Toward Universal Financial Inclusion

China has achieved remarkable success in financial inclusion over the last 15 years. Traditional financial service providers have dramatically increased the reach of the formal financial sector, including through the world’s largest agent banking network. China has also been a

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