Media

Why do Chinese people love drinking hot water?

For many outsiders, the Chinese love affair with hot water is perplexing – it is one of the most searched questions about Chinese people on GoogleThe habit can be traced back to public health campaigns that encouraged it for health and hygiene reasons The first time I rode the rails in China, I was caught off guard by the water dispenser. Instead of the usual options for hot, cold and room temperature water, the machine on the train had only one button...

China now has over 900 million internet users thanks to the pandemic

This article originally appeared on ABACUS China now has more than 904 million internet users, according to a new report released by the state-run China Internet Network Information Center (CNNIC). And 99.3% of them, or 897 million people, go online with their mobile devices. Most online applications saw huge growth because of the pandemic, CNNIC says. That includes online education, live streaming and mobile payment, which saw user numbers soar by 110.2%, 41.1% and 31.1% respectively. Unsurprisingly, travel booking, food delivery and ride hailing...

Online game players were top target for scammers during China’s coronavirus lockdown

Fraud cases tracked by the platform soared 47 per cent year on year to 3,243 from January 24 to March 13, when the outbreak wreaked havoc on ChinaThe biggest group of victims were young online game players, who reported 550 cases China’s gamers were the largest group of victims amid a spike in internet scams during the country's coronavirus outbreak as millions of quarantined people turned to online games to alleviate boredom. Liewang Platform, a website where Chinese internet users can report...

Alibaba’s Taobao launches platform to help factories digitalise their operations in China

The platform will enable companies to better manage raw materials and product inventories. Taobao, the e-commerce marketplace owned by Alibaba Group Holding, has launched a new initiative to help drive the digital transformation of traditional factories in China using its consumer-to-manufacturer (C2M) system. The platform will enable companies to better manage raw materials and product inventories based on precise consumer distribution, preferences and behavioural data, Taobao said in a statement on Thursday. “Stepping up our made-to-order strategy is an ongoing Taobao initiative to...

Pinduoduo to help New York’s Met Museum and others turn to live streaming and online gift sales

Users can find the museum live streams by entering their online stores on Pinduoduo’s app, where museum staff hold a camera to show viewers aroundThe move online by museums comes as the coronavirus pandemic poses a growing threat to the global economy As the coronavirus pandemic continues to ricochet around the world, closing cities and slamming entire sectors of the economy, museums are turning to live streaming in an effort reach the public and avoid losses. China’s third-largest e-commerce player Pinduoduo said...

Local governments in China issue free digital coupons to stimulate consumption amid coronavirus pandemic

Nanjing, the capital of Jiangsu, has distributed 318 million yuan worth of coupons, for use in services such as catering, sports and tourismConsumer spending contributed to 57.8 per cent of China’s GDP growth in 2019, according to the National Development and Reform Commission Local governments in China are distributing free digital coupons on mobile payment platforms like Alipay and WeChat Pay to help stimulate domestic consumption as the coronavirus pandemic hammers the world’s second-largest economy. On Sunday, Jiaxing city in Zhengjiang province,...

China’s mobile payments to see rebound as offline vendors reopen after coronavirus lockdowns

Offline scan-to-pay transactions have grown 15 fold over the past three years, reaching US$1.3 trillion in the fourth quarter of last yearOffline merchants have been the major driver in China’s mobile payments boom because almost all accept QR codes or face scans to process payments Home quarantine policies to curb the spread of Covid-19 in China have been a boon for most digital services, including remote work apps, e-learning and mobile gaming, but one online technology has not fared so well:...

Alibaba’s Lazada briefly stops new grocery orders in Singapore

RedMart, the online grocer unit of Lazada, plans to change its product range and prioritise daily essentials such as rice, flour and eggsGrocery delivery services in Singapore have been trying to cope with surging demand, as more consumers in the city state shop online Singapore’s government urged residents to consider ordering their groceries online rather than going to the shops. That just became tougher. Alibaba Group Holding’s Lazada Group, Southeast Asia’s leading e-commerce services provider, is temporarily suspending new grocery orders in...

China’s consumers are starting to binge on travel, cosmetics again in signs economy is reviving

Bookings for domestic travel, hotels have risen on Trip.com, while online transactions on Pinduoduo surgeGains may not recover to last year’s levels just yet with the global economy facing the threat of recession, analysts say Chinese consumers are shopping again, in a timely boost for the beleaguered economy, as they regain some semblance of normal life after unprecedented lockdowns aimed at containing the coronavirus pandemic. Demand for travel, cosmetics, outdoor gear and food has surged in recent weeks as policy-driven stimulus kicked in, workers returned...

China to set up 46 new integrated pilot zones for cross-border e-commerce to revive foreign trade

Companies in the zones will enjoy support policies including exemption of value-added and excise taxes on retail exportsIn addition, the Chinese government is encouraging companies to jointly build and share overseas warehouses China is going to build 46 new integrated pilot zones for cross-border e-commerce around the country to help revive its pandemic-hit foreign trade, the State Council’s executive meeting chaired by Premier Li Keqiang announced on Tuesday. On top of 59 existing ones, companies in the 46 new integrated pilot zones...