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Tencent's WeChat ties up with digital wallets of China's Big Telcos in latest breach of mobile payments 'walled garden'

Users of digital wallets from China Mobile, China Telecom and China Unicom can now make payments by scanning WeChat QR codes, in Tencent’s latest effort to improve interoperability of tech services under Beijing’s directive.
Tencent Wechat Information Technology China Telecom Ministry Of Industry Ant Group Alipay Alibaba Group Holding
Source: scmp.com

Coupons boost local consumption, but long-term steps still needed

Local governments across China resorted to coupons again so as to ride a golden wave of consumption as the New Year approaches. The stimulation got instant result, but experts focusing on long-term called for more measures, including increasing residents' disposable income, to achieve the aim, Securities Daily reported on Thursday.
Liu Xiangdong Ying Xiwen Zheng Houcheng International Economic Exchanges Yingda Securities Co Ltd National Bureau Of Statistics

Coupons boost local consumption, but long-term steps still needed

Local governments across China resorted to coupons again so as to ride a golden wave of consumption as the New Year approaches. The stimulation got instant result, but experts focusing on long-term called for more measures, including increasing residents' disposable income, to achieve the aim, Securities Daily reported on Thursday.
Liu Xiangdong Ying Xiwen Zheng Houcheng International Economic Exchanges Yingda Securities Co Ltd National Bureau Of Statistics

Coupons boost local consumption, but long-term steps still needed

Local governments across China resorted to coupons again so as to ride a golden wave of consumption as the New Year approaches. The stimulation got instant result, but experts focusing on long-term called for more measures, including increasing residents' disposable income, to achieve the aim, Securities Daily reported on Thursday.
Liu Xiangdong Ying Xiwen Zheng Houcheng International Economic Exchanges Yingda Securities Co Ltd National Bureau Of Statistics

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