Gaming sector grows by 30% during Covid-19 despite gaming with foreigners banned in China

Indeed, it was the popularity of these video games that prompted the government to take an interest in it. The Chinese government considers that video games are the reason why young people are increasingly confined in their homes and are going out less and less.

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Digital Yuan launched:  towards the end of cash in China?

DCEP also facilitates the battle against money laundering, tax evasion, corruption and financing of terrorism activities. The government can use big data to identify suspicious transactions and control illegal transfers that hinder the country's economic growth.

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How high-tech is helping China battle against Coronavirus? 

Home to high-tech giants, BATX (Baidu, Alibaba, Tencent, Xiaomi), and one third of the world's unicorns, China is now a global leader in sectors such as AI, robotics, big data or even facial recognition. Amid the battle against Coronavirus, China can count on the latest technological innovations

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A step forward towards a cashless society: The unexpected outcome of Coronavirus

The Central bank has ordered all the banks receiving cash to disinfect it before re-allocating it to the clients. Banknotes undergo ultraviolet and high temperature treatment. They are then stored for a period of 7 to 14 days depending on the region or city they originate from.

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WeChat Pay users can as of now make payments without internet

WeChat Pay tested its new service in July 2019, a service that allows users to make payments even without internet. The mobile payment giant conducted the test in partnership with Spring Airlines during flights between Chengdu and Shanghai. Passengers had been asked to register for the offline service test before boarding.

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How to attract Chinese tourists to your business

The Chinese millennials are the ones that travel the most. These young people have a preference for unique and personalised experiences. As the last group of the one-child policy generation, they are the sole heirs of their parents and care much less about their spendings, which is an unprecedented opportunity for all businesses related to the tourism industry .

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Top 10 preferred cosmetic brands and products of Chinese tourists

More than 2 million Chinese tourists visit France every year and this number is increasing. With an average basket that exceeds € 1,600 per person, Chinese tourists have the largest travel in the world.

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