Talent supply and demand are soaring as high-tech industries take off in China

China’s high-tech industry is booming amidst a demonstrated increased capacity for innovation in the IT field. Despite job market uncertainty due to the COVID-19 pandemic, global specialist recruitment firm Hays reported that China is more likely to recover quickly when compared to other countries and regions still suffering from the…

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China uses big data to keep track of COVID-19

More than 1,100 internet hospitals have been built nationwide. The broad application of big data in China’s COVID-19 prevention and control has promoted the speedy digital transformation of the medical industry, according to reports released by the People’s Republic of China (PRC). The national QR health code, which displays individual…

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Japan’s aerospace industry suffers cybersecurity attacks

Reports indicate the attacks include the Japan Aerospace Exploration Agency. About 200 companies in Japans aerospace industry have suffered a cyber-attack this week. According to multiple media reports, the attacks include the Japan Aerospace Exploration Agency, and were thought to be the “actions of a Chinese man”, who is a…

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Banks in China must strengthen resilience and accelerate transformation

Financial institutions need to enhance the resilience of capital, technology and talent. Over the past nine months, the COVID-19 pandemic has reshaped the banking industry across multiple dimensions, by ushering in a new competitive landscape, prompting a new wave of innovation, and accelerating digitization in almost every sphere of banking…

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ITU working with China to develop spectrum management in APAC

Advancing digital transformation, with resilient, robust, and reliable networks for the future. The United Nations agency for telecom/ICTs International Telecommunication Union (ITU) has been collaborating with the State Radio Monitoring Centre (SRMC) of the Ministry of Industry and Information Technology (MIIT) of China. In 2020, ITU and SRMC organised practical…

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Singapore and China strengthen digital connectivity

Government agencies on both sides are co-developing regulatory sandboxes to facilitate cross border data flows. At the apex annual bilateral platform between both countries, the Singapore-China (Shenzhen) Smart City Initiative (SCI) has progressed in strengthening digital connectivity to grow Singapore’s digital economy. A pilot on paperless cross-border trade is on track to…

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China aims to level up key technical capabilities to rid US dependency

Committed US$1.4 trillion to state program supporting R&D in key enabling technologies. China has set up a US$1.4 trillion state program that will support R&D in key enabling technologies over the next five years to rid itself of dependency on the US. These include semiconductors, artificial intelligence (AI), robotics, 5G…

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US election outcome has numerous implications for global tech industry

The election results could also have major implications for ongoing trade negotiations between the US and China. The outcome of the Presidential and Congressional elections in the US has serious repercussions for the technology industry that will reverberate not just in the US but globally, according to GlobalData. These repercussions…

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