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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 The pandemic has impacted many aspects of development in the China smart device market. The China smart device market has experienced a series of technological changes, ecosystem changes, and user upgrades over the past decade. Over the next decade, this market will face a new round of disruptive development. A…
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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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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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Mobile messaging revenue will witness significant downside. The total mobile services revenue in China is set to increase from US$119.1bn in 2020 to US$142.8bn in 2025, at a compounded annual growth rate (CAGR) of 3.7 per cent. This growth will be supported by 5G infrastructure, increase in mobile data consumption…
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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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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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Demand comes from enterprises who want to manage the large amounts of data they generate. China will continue to dominate the Asia-Pacific (APAC) cloud computing market during the period 2019-2024 with one-third revenue market share, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model,…
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Full details of initiative to establish global standards on data security by the CCP. Despite global condemnation of Hong Kong’s new National Security Law, to shake up digital surveillance in the city, the Chinese Communist Party plans to pursue global data security initiatives. State Councillor and Foreign Minister Wang Yi…
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Discusses the key 5GDN requirements of smart grids using specific cases. Huawei and other 5G Deterministic Networking Alliance (5GDNA) members such as, the China Southern Power Grid; Guangdong Planning and Designing Institute; Global Energy Internet Research Institute; State Grid Qingdao Electric Supply Company; Beijing Sifang Automation; NARI Group Corporation; China…
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