China's international internet gateway bandwidth also expanded to 8,826,302 Mbps, up 20.6 percent from the end of 2017, said the CNNIC. BOOMING SECTORS According to the report, the percentage of Chinese internet users using online financial services rose from 16.7 percent to 21 percent in the ...
The internet penetration rate in China's rural areas rose 3.3 percentage points from December 2020 to 59.2 percent in June, said the report. With better access to the internet, livestreaming on social media platforms emerged as an effective way to help farmers sell agricultural products, the rep...
Almost 60 percent of respondents prefer independent accommodation such as boutique hotels, B&Bs, and Airbnb—an 8 percentage-point increase since 2020.Exhibit 5 We strive to provide individuals with disabilities equal access to our website. If you would like information about this content...
On the monetary front, Pan Gongsheng, governor of the People's Bank of China (PBOC) emphasized that "China has a rich monetary toolbox and there is still ample policy headroom." In January, the PBOC announced a 0.5-percentage-point cut in the reserve requirement ratio (RRR) for financial...
In the report, the proportion of internet users aged 50 and above accounted for 28 percent as of June, up 5.2 percentage points from June 2020. Considering the number of elderly netizens is rising, the State Council, China'...
On the monetary front, Pan Gongsheng, governor of the People's Bank of China (PBOC) emphasized that "China has a rich monetary toolbox and there is still ample policy headroom." In January, the PBOC announced a 0.5-percentage-point cut in the reserve requirement ratio (RRR) for financial...
On the monetary front, Pan Gongsheng, governor of the People's Bank of China (PBOC) emphasized that "China has a rich monetary toolbox and there is still ample policy headroom." In January, the PBOC announced a 0.5-percentage-point cut in the reserve requirement ratio (RRR) for financial...
Zhifang village in Hebi, central China's Henan province has become a renowned tourist attraction thanks to the exquisite wall paintings made by young artist Shang Qinjie. Now, with the assistance of online audio and video platforms, the village has gone viral on the Internet, which has made ...
This open access book consists of essays selected from Joseph S. Nye, Jr.’s last three decades of writing and illustrate a variety of perspectives on the nature of power, the role of the United States in the world an...
“enhancing the quality of human life through Internet services.” Many of WeChat’s services are free, making payments a key gateway to cashing in on all this activity. “We’ve been able to climb to where we are in roughly four years, which took Alipay more than 10 years,” says ...