Posts Tagged ‘Zhejiang’

Most Chinese Still Don’t Use Mobiles For Online Financial Info

Internet financeFintech companies hoping to capture share in China’s booming mobile market still need to focus on traditional computing. About 80% …


Ant Financial Opens Its Internet Bank This Week In China

Ant Financial Services Group, a small and micro financial services company under Alibaba Group’s Alipay, will officially launch their online banking platform MYbank on June 25, 2015. MYbank is also known as Zhejiang Online Business Bank and is one of the first five trial private banks approved by China Banking Regulatory Commission on March 11, […]


Japanese Tech Companies Launch Recycling JV In China

Panasonic will cooperate with Hangzhou Dadi Environmental Protection Engineering Company Ltd., Dowa Holdings Company Ltd., and Sumitomo Corporation to form a jointly-held company, Panasonic Dadi Dowa Summit Recycling Hangzhou Company Ltd., in China. The new joint venture will be engaged in the recycling of home appliances and electronics and is expected to start operation in […]


Alibaba Plans To Open Physical Banks In China

Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People’s Bank of China and China Banking Regulatory Commission. The new subsidiary is reportedly jointly invested by Alibaba Group, the people’s government of Zhejiang, Softbank, and CDH Investments. Jack […]


China Publishes List Of Pilot Cities For Convergence Of Three Networks

The General Office of the State Council of China has published the list of the first batch of pilot regions and cities for the convergence of three networks, including the telecom network, the Internet network, and the broadcasting network.
Twelve cities and region are included in the list: Beijing; Dalian in Liaoning province; Harbin in Heilongjiang […]


Chinese Home Appliances Trade-in Policy Launched In 19 Additional Regions

China’s Ministry of Commerce, Ministry of Finance, and Ministry of Environmental Protection have jointly published a “Home Appliances Trade-in Promotion Program”, stating that from June 1, 2010, the policy will be launched in 19 additional provinces and cities, in addition to the existing nine pilot provinces and cities, and the implementation period of the policy […]


China’s Convergence Of Three Networks May Cover All Cities In Three Years

During the Information and Communication Technology and Urban Development Forum, the first official forum of the 2010 Shanghai World Expo, held in Ningbo, Zhejiang, an official from the Ministry of Industry and Information Technology of China, revealed that China’s convergence of its three networks may cover all cities in three to five years.
The convergence of […]


Crackdown Continues: China Exposes Providers Of Vulgar Internet Content

Just days after China Mobile slammed shut the ability for wireless value-added service providers to […]


DNSPod Reports Hacking To Chinese Public Security Organ

Chinese domain name service provider and registrar DNSPod has reported hacking activities that affected its services and caused network outages in various provinces this week to its local public security organ under the requirement of China’s Ministry of Industry and Information Technology.
Starting from 21:50 on May 19, 2009, Internet users in Jiangsu, Anhui, Guangxi, Henan, […]


Taobao.com Accused Of Violating Chinese Consumers’ Internet Rights

Wang Hai, China’s famous consumer rights advocate, has submitted to a 3000-word report to both the Zhejiang Provincial Department for Industry and Commerce and the Consumer Rights and Interests Protection Department of China’s State Administration for Industry and Commerce, accusing Chinese online auction website Taobao.com of infringing on consumers’ rights.
In his report, Wang listed five […]