Tech startup news: China
China’s technology and startup news in January 2021 covered items including blockchain use in hospital service invoicing, electric vehicles with wireless charging, ‘digital yuan’ trials in Shenzhen, and many more.
Each item listed below is a China-focused technology, startup or VC-related news headline; each is linked to the online, free-to-read article or report associated with that headline, hosted on the news site that reported the item and provided the coverage.
The January 2021 startup news collection for China, below, provides you with 2 things instantly:
- a one-page, at-a-glance overview of developments in China’s tech and startup ecosystems in January 2021, providing you with a quick reference to overall levels of activity; and
- instant, one-click access to the China-focused tech news articles and reports behind each listed headline, letting you focus on subjects, technologies and developments that interest you most.
- Huawei looks to cloud services in 2021 to move away from smartphone focus as US sanctions bite
- 46,000 iOS apps removed from App Store in China in purge of apps without a government license
- A look at the country’s tech-savvy senior citizens, the ‘silver economy’, set to reach a size of 300M inside 5 years
- Tencent increases stake in Xingsheng Youxuan online grocery and community buying platform, valuing it near $5BN
- “These laws compel…businesses and citizens…academic institutions, research service providers and investors…to support and facilitate…gov’t access to collection, transmission and storage of data”
- Hospital of Chengmai County in Hainan commences issuing invoices using blockchain-based invoice management platform
- Agricultural Bank of China reportedly trialing digital yuan services, enabling a number of ATMs in Shenzhen, and establishing dedicated innovation office
- US gov’t adds 9 companies to investment blacklist, including Xiaomi smartphone giant, citing activities as a ‘Communist Chinese military company’
- 500 Limited online sports lottery service provider to issue near $14.4M worth of Class A ordinary shares in order to acquire bitcoin mining machines
- 2021 Censorship Predictions, Facial Recognition Pushback, Hong Kong Media Arrests
- Alibaba Group partners SAIC Motor, country’s largest car firm, to launch electric sedan with wireless charging
- Blockchain-based Service Network aiming for beta release of central bank digital currency in H2 2021, with intent to incorporate CBDCs from other nation-states
- China’s National Internet Information Office and Indonesia’s National Cyber and Cryptographic Bureau ink MoU on cybersecurity capacity building and technical cooperation
- Douyin, TikTok’s Chinese version, expands into e-commerce, adding Douyin Pay payments app
- Shadow banking value estimated at $12.9trillion, equivalent to 86% of gross domestic product and 29% of China’s total banking assets in 2019
- A look at the 31 gaming companies Tencent invested in last year
- Public/private sectors to spend $1.6TN through 2025 to develop next-gen infrastructure, accounting for roughly 10% of all social infrastructure spending
- “…Guangzhou K11 Art Mall…recreated a centimeter-level 3D map of the complex to locate and monitor every area, store and counter, thanks to a set of AI cameras…”
- Dingdandao raises $10.8M Series A with business management software for short-term rentals and vacation homes
- Ant Group, digital payments arm of Alibaba, to sell EyeVerify, US-based biometric security firm, due to tightening scrutiny over US user data
- Australia: China’s Huawei shifts focus from 5G market exclusion to calls on government to discuss 6G
- Purchase of Digicel mobile phone networks across Papua New Guinea, Fiji, Tonga and Samoa may be financed by Australia in response to possible China Mobile bid
- India: Ministry of Electronics and Information Technology makes permanent bans on TikTok and 58 other Chinese apps
- Philippine Chamber of Commerce and Industry partners Huawei for PCCI Innovation Center to align local skills to the demand of the technology job market
More of China’s tech, startup and funding news
For more of China’s tech and startup news, visit the Startup News Asia coverage page; you’ll find China-focused technology news collections organised by month and by year, from the middle of 2016.
Today’s tech news across Asia
To be kept up-to-date with an all-day feed of technology and startup news from across 17 primary jurisdictions across Asia and the Indo-Pacific, your first stop should be the Startup News Asia mobile app:
Asia’s tech news on social media
You can also get all-day startup news updates from us:
And we also produce less frequent collections of tech-focused PDF downloads and technology news video updates.
