KPMG report highlights institutions embrace digital transformation in the face of increased competition. Capital market reforms are presenting opportunities for Mainland China’s securities industry, with companies that embrace fintech and digitalisation best positioned for long-term growth, according to KPMG analysis. The 15th annual Mainland China Securities Survey analyses the industry…
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Cross border digital collaborations pave the way. Singapore and Chongqing businesses have signed an agreement to further cross border digital collaborations in a wide range of sectors, including manufacturing, trade and logistics, and healthcare. These agreements are built on the back of deepened bilateral relation between Chongqing and Singapore to…
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Shortage in cross-sector talents for AI and healthcare. Global recruitment group Hays recently released  the 2021 report “The Inside Story of Technology in China“, which states that China is leading the global AI industry with over 60 per cent of big data experts currently working in China.  With more emerging…
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Growth rate of 3.1 per cent from US$131.3bn in 2021 to US$152.7bn in 2026. The total mobile service revenues in China are poised to grow at a compounded annual growth rate (CAGR) of 3.1per cent from US$131.3bn in 2021 to US$152.7bn in 2026, mainly supported by growing 5G subscriptions, according…
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The network, as an infrastructure connecting the cloud to the edge, plays an important role in digital transformation. Analyst firm IDC noted that SD-WAN (software-defined wide area network) has become a new trend in the network field in the past two years. China’s SD-WAN application began in 2017. After rapid…
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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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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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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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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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