Tencent and NBA today announced a five-year international digital partnership that will be effective on July 1, 2015 according to Tencent’s press release.
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China Economy Statistics for 2014
According to National Bureau of Statistics of China, GDP of China was 63,646.3 billion yuan (USD 10,239.9 billion) in 2014, an increase of 7.4% at comparable prices.
Top Mobile News Apps in China in H2 2014
In 2014, China mobile internet users exceeded 553 million, representing 85.6% of total internet users. Further, reading on mobile has been the major method for users to read news online in China. China top 3 mobile news apps by downloads are Tencnet News, Today’s Headline and Netease News in the second half of 2014 according […]
E-banking Replacing Over 80% of China’s Banking Transactions
In 2013, transaction volume of China commercial banks exceeded 124.54 billion with e-banking replacement rate of 79%. China commercial banks are now focusing on mobile payment and it is estimated that they will be transformed into the mechanism based on e-bank online payment, assisted by phone payment, self-service terminal, WeChat payment banks and various e-channels in […]
Jingdong’s Paipai Launched Mobile Selling App
Paipai launched micro-shop mobile app last month to enable individual merchants to set up mobile online stores on smartphones directly and they could log in the stores with QQ numbers only.
China E-commerce Market in 2014
China e-commerce is developing rapidly nowadays and it will account for 18% of the total retail sales in 2018, up from 8% in 2013, estimated by Morgan Stanley.
10 Free HTML5 Online Editing Tools from China
There are many free HTML5 editing tools in China nowadays which help businesses and individuals to create their own HTML5 based applications more easily. Here are 10 free HTML5 editing tools which are all developed by Chinese companies.
Samsung Share in China Down from 22% to 12.5% in 2014
Samsung’s market share in China was down from 22% to 12.5% in 2014, according to Silicon Valley investor Benedict Evans on Twitter.
360 Launched Free Call App, Realized “One-Party Online”
Qihoo 360 launched free call app on 23 Dec 2014 according to latest news on dianhua.360.com, which is developed by 360 Safe Contact team. This free call app is another choice for users in addition to Yixin’s free call offer, WeChat free call apps and so on.
Tencent Myapp App Store Had Highest Growth in China App Distribution Market
Tencent Myapp app store had daily distribution volume of 110 million, covering more than 90% China mobile gaming users according to Tencent’s vice president, Wang Bo.
Over 42.3 Bln Transactions on Alipay in 10 Years
Alipay released its 10-year bill statement as well as the latest payment statistics in different provinces in China as of 31 Oct 2014. The data shows in the past 10 years, Chinese consumers’ expenditure generated 42.3 billion transactions on Alipay. The volume of mobile payment on Alipay accounted for over 50%.
China Mobile Banking Users Increased by 50% YoY in 2014
China e-banking service is developing rapidly, especially mobile banking service. In 2014, mobile banking users increased by 50% from the same period of prior year. However, online banking still dominates the e-banking service in terms of safety. 72% e-banking users consider online banking the safest according to China Financial Certification Authority (CFCA).
China Group Buying Market Exceeded $.25 Bln in Q3 2014
In Q3 2014, total transaction value of China group buying market was RMB22.96 billion (US$3.74 billion) with an increase of 43.6% quarter on quarter.
China Online Gaming Market in Q3 2014
In Q3 2014, total revenue of China online gaming market exceeded RMB27.76 billion ($4.53 billion). Mobile gaming revenue was RMB6.98 billion ($1.14 billion) with an increase of 72.8% year on year in Q3 2014 according to data of iResearch, which indicates its growth is slowing down.
China Inbound Tourism Industry Overview
China Tourism Academy’s latest report shows total revenue generated from China inbound tourism market reached $51.646 billion with an increase of 3.27% year on year, ranking 4th in the world, following America, France and Spain in 2013. China received 129.0778 million foreign travelers with a decrease of 2.51% YoY, ranking 4 in the world, following […]