HK sees Internet of Things as the core to the development of digital economy

Wong King Man, Assistant Government Chief Information Officer gave a speech on IoT in China. The Ministry of Industry and Information Technology of the People’s Republic of China just released the “14th Five-Year Plan for Information and Communication Industry Development” last month. Among them, five key tasks are proposed, including the…

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China’s cyber security ambitions could fall short due to labour shortage

Tremendous gap between the demand and supply for talents in the data security industry.  Digitalisation is leading China’s high economic growth as a new engine. And with the support of emerging technologies such as 5G, AI, cloud computing, IoT (Internet of Things), blockchain, and big data, China’s digital industry is…

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China Shenzhen Smart City initiative to accelerate digital economy collaborations

Digital cross-border trade trials completed. The Ministry of Communications and Information (MCI) and Infocomm Media Development Authority (IMDA) announced four new MOUs and early achievements of Phase 1 Projects from the Singapore-China (Shenzhen) Smart City Initiative (SCI). The meeting reaffirms Singapore and Shenzhen’s commitment to develop digital connectivity and test policy…

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Fintech and digitalisation as growth drivers of China’s securities industry

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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New business opportunities between Singapore and China in the digital economy

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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CIO perspective: China SD-WAN security market research

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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