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MIIT: China's Total Number of Large-scale Software Enterprises Reaches 37,776 in 2018
MIIT, 2/01/19
As of the end of 2018, mainland China had 37,776 large-scale software enterprises, reports China's Ministry of Industry and Information Technology (MIIT). Read More
China Issues Internet Hospital and Medical Treatment Regulations
Vcbeat, 9/14/18
China's National Health Commission recently announced that it has drafted three new pieces of legislation with provisional rules and requirements for online medical treatment services, Internet hospitals, and remote medical services. Read More
Chinese Regulator Asks Shanghai Authorities to Investigate Piracy Claims against Pinduoduo
State Administration for Market Regulation, 8/01/18
China's State Administration for Market Regulation (SAMR) recently announced that it has asked the Shanghai Administration for Industry and Commerce to meet with group buy app operator Pinduoduo (Nasdaq: PDD), following recent media reports of significant numbers of counterfeit and pirated products being sold through the platform. Read More
Co-working Space Mixpace Wins RMB 400 Mln Series B1 Funding
iHeima, 3/29/18
Shanghai-based co-working space operator Mizhai Industrial ("Mixpace") recently announced the completion of RMB 400 mln in Series B1 funding with participation from Series A investor Zhongnan Capital. Read More
Meituan-Dianping, Chinese Government Ally on Credit Information Sharing
China Securities Journal, 3/07/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping and China's National Development and Reform Commission (NDRC) and State Information Center (SIC) recently signed a credit information sharing partnership agreement, according to which the parties will use the NDRC-managed "Credit China" website to share credit-related information resources and accelerate the introduction of coordinated rewards and disincentives in the finance domain. Read More
Didi Chuxing, Chinese Government Sign Credit Information-sharing Agreement
China News, 3/07/18
China’s National Development and Reform Commission (NDRC) and Chinese taxi booking and car hire service app Didi Chuxing recently signed a credit information sharing agreement and launched a credit-based incentives program for Didi Chuxing travelers. Read More
AI-based Tax and Financial Services Platform Onlyou Lands RMB 300 Mln Series A
Lieyunwang, 12/09/17
Shenzhen-based Shangji Enterprise Service, operator of online tax and financial services platform Onlyou.com, has won RMB 300 mln in Series A funding from AVIC Trust, Xiamen Changrong Capital, Shengnong Capital, and Pan-China (Xiamen) Consulting. Read More
Beijing Requires Bike Share Operators to Provide Parking, Cease On-bike Advertising
Caixin.com, 9/15/17
The Beijing Municipal Commission of Transport recently released updated guidelines for shared bicycle services. Read More
Tencent Establishes Artificial Intelligence Accelerator to Support 25 Projects
NetEase Tech, 7/22/17
Chinese internet and mobile services firm Tencent (0700.HK) recently launched an artificial intelligence (AI) accelerator, which has selected 25 projects from a pool of more than 1,000 AI startup projects to receive six months of acceleration support, including technology, resource, guidance, marketing, and funding assistance. Read More
Mobile Big Data Service Provider Jiguang Raises USD 8-digit Series D
36Kr.com, 7/06/17
Shenzhen-based mobile big data service provider Hexun Huagu Information Technology, which operates under the Jiguang brand, recently completed USD 8-digit Series D funding from Fidelity International. Read More
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