So, what’s up in China? 🇨🇳 Issue 59, covering 4 – 10 January.
- In 2020 China’s food delivery industry generated a total of RMB 8.4 trillion (USD 1.3 trillion), up 14.8% YoY (KrAsia)
- Bilibili is ramping up efforts to expand its business into the domestic payments market (pandaily)
- China local governments have issued notices calling on people to stay home during CNY, prompting China State Railway to announce that any train tickets booked before Thursday could be refunded (SCMP)
- The number of China’s online hospitals has reached 1,650, almost 6 times more than at the time when COVID-19 started (KrAsia)
- China drafted a law formalizing the free trade port status of Hainan (Nikkei Asia)
- Baidu released the world’s first robotaxi technical standard for commercial operations (pandaily)
- Alibaba and Tencent shares drop following Trump administration’s block on US investments into Chinese tech groups (Financial Times)
- Over one-third of the global industrial robots in 2020 were manufactured in China (pandaily)
- Douyin has been fined again, this time for spreading vulgar content (China Daily)
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