The Central Bank Of China Releases Fintech Development Plan (2022-2025)
Recently, Chinese Min min bank issued the "Fintech Development Plan (2022-2025)". The "Planning" pointed out that it is necessary to adhere to the development principle of "digital drive, wisdom for the people, green and low carbon, fairness and inclusiveness", based on strengthening the application of financial data elements, with the goal of deepening the structural reform of the financial supply side, to accelerate the digital transformation of financial institutions and strengthen the prudent supervision of financial technology as the main line, to inject digital elements into the whole process of financial services, to run digital thinking through the whole chain of business operations, to pay attention to the technology-driven and data empowerment of financial innovation, and to promote China's financial technology from the "pillar beam" to the "comprehensive entry" Accumulate momentum" in the new stage, and strive to achieve a leapfrog improvement in the overall level and core competitiveness by 2025. The "Plan" puts forward eight key tasks.
Source: Chinese Bank
The State Administration for Market Regulation has made administrative penalty decisions against Tencent, Alibaba, Bilibili and other companies
On January 5, the State Administration for Market Regulation issued a number of administrative penalty announcements. Among them, the administrative penalty decision was made on the joint venture established by Tencent Holdings Co., Ltd. and Henan Harmony Automobile Trading Co., Ltd. for failing to declare the illegal implementation of the concentration of undertakings in accordance with the law, and the administrative penalty of a fine of 500,000 yuan was imposed on Tencent and Harmony Automobile respectively. An administrative penalty decision was made on the case of Hangzhou Ali Venture Capital Co., Ltd., Zhengzhou Xunjie Trading Co., Ltd. and Guiyang Radio and Television Media Group Co., Ltd.'s acquisition of the equity of Guizhou Pan-Asia Information and Communication Network Technology Co., Ltd. without declaring the illegal implementation of the concentration of undertakings in accordance with the law, and ali venture capital, Zhengzhou Xunjie and Guiyang Radio and Television were each fined 500,000 yuan. Make administrative penalty decisions on the case of Bilibili Co., Ltd.'s acquisition of the equity of VERSA Inc. without declaring the illegal implementation of the concentration of undertakings in accordance with the law.
Source: Wall Street Insights
Cyberspace Administration of China: Application providers must not brush lists, brush quantities, or control evaluations through machine or manual means
The State Internet Information Office publicly solicited opinions on the "Provisions on the Administration of Information Services for Mobile Internet Applications (Draft for Solicitation of Comments)" and proposed that application providers should standardize their operation and management behaviors, and must not use false publicity, bundled downloads, and other such conduct, or use illegal and negative information to induce users to download, and must not use machine or manual means to brush lists, brush amounts, and control evaluations, creating false traffic.
Source: Financial Associated Press
JD.com became the exclusive interactive partner of the 2022 Spring Festival Gala of China Central Radio and Television Corporation
The exclusive interactive cooperation project launch of the 2022 Spring Festival Gala of China Central Radio and Television Station was held in Beijing, announcing that Jingdong became the exclusive interactive partner of the 2022 Spring Festival Gala of the Central Radio and Television Corporation. During the Spring Festival, JD.com will distribute red envelopes and in-kind goods with a total value of 1.5 billion yuan.
Source: 36 Kr
Tencent invests in British digital bank Monzo
On December 31, 2021, it was reported that Sky News was quoted as tweeting that Chinese internet giant Tencent had invested in British digital bank Monzo. It is also part of Monzo's recent $100 million funding plan, which is now valued at $4.5 billion. Previously, Tencent had also invested in the German digital bank N26, which briefly entered the UK market, but has now withdrawn from the UK market due to events such as Brexit.
Source: Weiyang Network
Google acquires Israeli cybersecurity platform Siemplify
Recently, Google announced the acquisition of Israeli cybersecurity company Siemplify, and the specific transaction amount was not disclosed. However, according to several media reports, the sale price is about $500 million in cash. Siemplify is a security orchestration automated response (SOAR) provider. In recent years, businesses have begun to need a variety of different cybersecurity tools to effectively communicate with each other and automatically respond to problems, and SOAR products have become increasingly popular.