[September 6th – 13th] Panda Review #16 China digital news
So what happened these past 2 weeks in China ?
Read our press review below: all the best news about E-commerce, digital marketing, social media, KOL news, travel retail and tourism industries, new technologies, Chinese society and culture. And sometimes, great Chinese digital market white book or report to download that we found for you!
🛍️ E-commerce & Co.
PANDAILY – September 9, 2021
Tencent Launches 50 Billion Yuan ‘Common Prosperity’ Plan
Chinese technology firm Tencent announced the launch of the first batch of its 50 billion yuan ($7.74 billion) ‘Common Prosperity’ plan in a letter sent to company employees.
JING DAILY – September 8, 2021
Time’s Up, Hong Kong: Mainland China Takes Over Swiss Watch Sales
Thanks to Mainland consumer repatriation, China has now surpassed Hong Kong as the Swiss watch industry’s top export market
PANDAILY – September 10, 2021
TCL to Spend Over 20 billion Yuan on Semiconductor Development, will carry out R&D with other tech giants including Meituan and Baidu
On Thursday, Chinese electronics firm TCL indicated that over the next five years it will invest more than 20 billion yuan ($3.1 billion) in the fields of smart terminals, semiconductor display and materials, semiconductor photovoltaics and semiconductor materials
🤳 Digital Marketing, KOL
DAO Insights – September 8, 2021
KFC’s snail noodles campaign strikes a chord with Chinese young consumers
KFC teamed up with the logistics company Cainiao to launch a very popular traditional Chinese dish known as ‘stinky’ snail noodles
👀 New Technologies
MARKET SEARCH TELECAST – September 12, 2021
China to use blockchain technology to pilot green energy trading plan
China launched a pilot program on Tuesday to enable direct trade in green energy between wind and photovoltaic power generation companies and consumers. The use of the blockchain will help to optimize procedures, lower their cost and increase efficiency, while it can exclude risks of errors.
PANDAILY – September 13, 2021
Rotating Huawei CEO Xu Zhijun Predicts 6G will enter market around 2030
Based on a unified QR system developed in partnership between the two tech giants and UnionPay, the state-owned financial company, users will be allowed to make online payments through UnionPay’s Mobile QuickPass on WeChat and Taobao. The service, which is currently being tested, is expected to bring together the two separate payment systems.
🏮 Society & Culture
DAO INSIGHTS – September 7, 2021
Beijing 2022 Olympics presents opportunities & challenges for China
The Olympic Games – a country’s unique chance to show off its infrastructure, culture, political power and sporting ability on a world stage attracting millions of eager international viewers.