Digital yuan ATM service strengthens China’s ambitions in fintech

Digital Chinese yuan at the first China International Consumer Products Expo in Haikou, Hainan Province,[Xinhua]
Digital Chinese yuan at the first China International Consumer Products Expo in Haikou, Hainan Province,[Xinhua]
CGTN | 17-Jun-2021 | Matteo Giovannini

Editor’s note: Matteo Giovannini is a finance professional at the Industrial and Commercial Bank of China in Beijing and a member of the China Task Force at the Italian Ministry of Economic Development. The article reflects the author’s opinions and not necessarily those of CGTN. Continue reading “Digital yuan ATM service strengthens China’s ambitions in fintech”

China holiday railway trips exceed pre-pandemic numbers

A staffer at Hongqiao Railway Station provides guidance to passengers [SHINE]
A staffer at Hongqiao Railway Station provides guidance to passengers [SHINE]
SHINE | 16-Jun-2021 | By Hu Min

The number of railway trips recorded in the Yangtze River Delta region during the Dragon Boat Festival holiday has surpassed the number of trips prior to the COVID-19 pandemic, the China Railway Shanghai Group announced today, the last day of the three-day holiday. Between Friday – when the holiday travel rush began – and Sunday, an average of more than 2.5 million daily railway trips were recorded in the region, more than the same period in 2019. Continue reading “China holiday railway trips exceed pre-pandemic numbers”