China News

1. WeChat launched “Easy Mode” in its latest update, adapting to a growing number of elderly users in China. (Dao Insights) 2. WeChat Pay and UnionPay Mobile QuickPass are promoting cooperation between their payment platforms and are now integrating each other’s payment methods into one ano...

1. Alibaba will launch the “Technical Talents Training Plan,” which will help support the development of secondary vocational students. Alibaba hopes to train more than 200,000 digital talents coming from underdeveloped areas. 💪 (Pan Daily) 2. Huabei, an Alibaba-backed fintech giant, annou...

1. WeChat will allow access to external links. (Nikkei Asia) 2. ByteDance is developing a music streaming platform for the Chinese market and plans to launch the app later this year. 🎶 (Technode) 3. Douyin announced that all verified users under the age of 14 will now have access to the app...

1. China’s government will provide more support to people struggling financially. It will pay the premium for pension funds l, provide aid in medical services, education, housing and employment, according to a human rights action plan for 2021-2025 released by the State Council. (Bloomberg) 2....

1. China announced that a new stock exchange will be set up in Beijing shortly to support the innovation and development of SMEs. (Pan Daily) 2. Alibaba will invest 100 billion yuan (US$15.5 billion) by 2025 in support of the country’s goal of common prosperity, becoming the latest corporate gi...