11 h. ago Mainland digital yuan partner signs deal to develop stablecoin tech in Hong Kong

A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with a Hong Kong firm to tap stablecoin and virtual asset business opportunities, in the latest sign of mainland interest in the city’s recent moves to license cryptocurrency issuers. Shenzhen-listed North King Information Technology said on Wednesday that it had struck a deal with Hong Kong-listed GoFintech Quantum Innovation to develop infrastructure to...

Politics

11 h. ago Mainland Chinese digital yuan partner to develop stablecoin tech in Hong Kong

A Beijing-based fintech services provider, which has provided billing systems for China’s digital yuan, has signed a strategic partnership with a Hong Kong firm to tap stablecoin and virtual asset business opportunities, in the latest sign of mainland interest in the city’s recent moves to license cryptocurrency issuers. Shenzhen-listed North King Information Technology said on Wednesday that it had struck a deal with Hong Kong-listed GoFintech Quantum Innovation to develop infrastructure to...

Politics

24 h. ago The world is going all in on stablecoins. Is China’s digital yuan any different?

When South Korea reportedly halted its digital currency pilot programme this week in favour of stablecoins – cryptocurrencies pegged to a reference asset, typically a fiat currency – it sent shock waves through central banks across the world. It also left China – a pioneer in central bank-backed digital currencies with its digital yuan, or e-CNY – with an important question to answer, namely whether it should continue to explore such digital assets or revisit the possibility of adopting the...

Politics

25 h. ago Labubu’s rise reflects hitmaker ability of China’s digital ecosystem

The global frenzy around China’s Labubu, the candy-coloured monster character with the mischievous smile adorning bags, desks, streets and social feeds worldwide, is often hailed as a triumph of Chinese soft power. But Labubu’s success reveals something deeper: the unmatched sophistication of China’s integrated platform economy. Pop Mart, Labubu’s retailer, started with a small shop in Beijing in 2010 but has leveraged China’s unique digital ecosystem in recent years to build a global...

Events

25 h. ago Opinion | Labubu’s rise reflects hitmaker ability of China’s digital ecosystem

Opinion | Labubu’s rise reflects hitmaker ability of China’s digital ecosystem  South China Morning Post

Events

47 h. ago Digital economy conference in Beijing to highlight international collaboration

Digital economy conference in Beijing to highlight international collaboration  China Daily - Global Edition

Politics

61 h. ago Top cyber firm warns new digital threats from China unlike any ever encountered

Top cyber firm warns new digital threats from China unlike any ever encountered  Washington Times

Events

3 d. ago Experience Week show the leapfrog of digital economy in Beijing

Experience Week show the leapfrog of digital economy in Beijing  China Economic Net

Politics

6 d. ago Digital embryo gives China a powerful tool to decode the secret of life: scientists

Scientists in China have developed the world’s first 3D model of early mouse embryos, revealing how life forms in its initial stages at single-cell resolution. The team said this was a first step towards a deeper understanding of how diseases such as congenital heart defects develop, while providing insights into organ regeneration and cancer treatment. “Early organogenesis is a crucial stage in embryonic development, characterised by extensive cell fate specification to initiate organ formation...

Politics

6 d. ago Digital embryo gives China a powerful tool to decode secret of life: scientists

Scientists in China have developed the world’s first 3D model of early mouse embryos, revealing how life forms in its initial stages at single-cell resolution. The team said this was a first step towards a deeper understanding of how diseases such as congenital heart defects develop, while providing insights into organ regeneration and cancer treatment. “Early organogenesis is a crucial stage in embryonic development, characterised by extensive cell fate specification to initiate organ formation...

Politics

8 d. ago Palaces and pavilions: China and Italy expand digital heritage ties

Palaces and pavilions: China and Italy expand digital heritage ties  news.cgtn.com

Politics

8 d. ago Opinion | A South China Sea digital commons could help calm troubled waters

Opinion | A South China Sea digital commons could help calm troubled waters  South China Morning Post

Events

2 w. ago China And The Digital Yuan: The Ultimate Battle Against Dollar Hegemony?

China And The Digital Yuan: The Ultimate Battle Against Dollar Hegemony?  Cointribune

Events

2 w. ago China will boost the yuan’s global reach with new operations centre, PBOC says

China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi, People’s Bank of China Governor Pan Gongsheng announced at the Lujiazui Forum in Shanghai on Wednesday. The measure was among eight financial policies Pan announced during the opening of the annual finance-facing forum, which also included pledges that China would pilot a range of structural monetary policy tools in Shanghai. The policies come at a time when growing tensions...

Politics

2 w. ago AI Ignites Digital Innovation: SUSE Summit China 2025 Opens in Beijing

AI Ignites Digital Innovation: SUSE Summit China 2025 Opens in Beijing  The Manila Times

Politics

3 w. ago Hong Kong medical device maker to expand China facility amid US, EU barriers

Vincent Medical Holdings, a Hong Kong-based medical device maker, has doubled down on manufacturing in China by investing in automation and digitalisation, instead of moving operations abroad amid rising trade barriers in the US and Europe. The maker of disposable radiology products and respiratory devices is building a factory in Kaiping in the western part of the Greater Bay Area, CEO Raymond Choi Cheung-tai said in an interview. Trial operations could start before the end of the year, he...

Politics

3 w. ago China eyes 10 new national data zones in digital economy push, AI race with US

China will establish 10 national data pilot zones, its data agency announced, as the country seeks to bolster its digital economy and compete with the United States in the race to dominate artificial intelligence. The National Data Administration (NDA) said the zones would be established in Beijing, Zhejiang, Anhui and other regions. The initiative encourages select local governments to spearhead efforts “in nurturing data-related market entities and expanding the data market”, according to the...

Politics