Since 2017, the city of Shenzhen, in southern China, has been experimenting with a network of 100 % electric buses for public transport and is a pilot in the energy transition.
Users in the area can travel to their workplace, study or wherever they wish in buses that do not emit any noise and…
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shenzhen
China continues to test the digital yuan
The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community.
These coins will be accepted in at least five thousand stores, with no minimum purchase required to be…
Tencent wants to build a smart city of its own
Net City is the name of the new city that will be built by the Internet giant, Tencent, which will be placed in the Shenzhen metropolis, in the southeast of China. They work hard on the development of a new campus and according to its…
4 Chinese banks will test digital yuan and distribute it as a state subsidy
The Agricultural Bank of China, one of the country's largest commercial banks and owned by the Chinese government, began testing the digital yuan as a national digital currency project, as reported by cryptocurrency Bitcoinist, adding that…
China obtains USD 4.7 million to finance blockchain platform
The People's Bank of China (PBoC) has obtained USD 4.7 million for its blockchain trade transaction financing platform and according to information disseminated in local media the financing, that will be administered for three years, has…