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China proposes new regulations for generative AI focusing on data security, evaluation
With the new regulation released by the National Information Security Standardization Committee of China, AI developers are required to secure...
Shenzhen ramps up CBDC adoption with first-ever e-CNY industrial park
Shenzhen, aiming for a widespread digital yuan adoption, Shas unveiled an industrial park housing various financial institutions that will serve...
China’s digital yuan used for crude oil deal: report
China's digital yuan makes its mark in a landmark crude oil transaction, underscoring its growing significance in cross-border trade and...
Chinese banks partner with foreign counterparts to boost CBDC adoption
Chinese banks form global digital currency partnerships to boost CBDC adoption amid regulatory challenges and international economic concerns.
Baidu Ernie 4.0 AI chatbot ‘stands at par’ with ChatGPT-4, CEO says
Baidu CEO Robin Li introduced ERNIE 4.0, the latest version of the company's chatbot with outstanding functionalities in understanding, generation,...
China integrates new blockchain consensus protocol into mBridge cross-border CBDC project
mBridge previously relied on a customized network developed by four central banks, but it’s now deployed on the Dashing Protocol...
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