The digital RMB stock has reached 13.61 billion yuan

CCTV news: From December 2022, financial statistics will include digital RMB data into the currency in circulation category, namely M0 statistical caliber, for the first time. In response, the central bank said that the digital RMB is a digital legal tender issued by the Central Bank, and the inclusion of the digital RMB in the[…..] […]

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China Ends Eighteen-Month Freeze On Imported Games

China to import 45 foreign video games, grants multiple licences。The list of games includes big hitters like Valorant and Pokemon Unite, although Tencent says it doesn’t expect Beijing to return to its old ways of granting hundreds of licenses a year anytime soon. Moves mark the latest easing of rigid curbs that have hammered China’s[…..] […]

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 China’s digital RMB pilot program

   At present, the digital yuan pilot program has been launched in 26 pilot areas in 17 provinces and cities. Industry insiders pointed out that banks are empowering e-commerce platforms to accelerate the construction of digital RMB application scenarios through high-quality digital financial services, for the purpose of delivering a convenient and efficient payment experience[…..] […]

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US Lawmakers Propose Bill To Ban  Tiktok

A trio of US lawmakers has introduced new legislation that aims to ban TikTok from operating in the United States. A bipartisan group of U.S. lawmakers, led by Republican senator Marco Rubio, has submitted a bill to congress which would ban Bytedance-owned Tiktok and other apps in the United States. TikTok has faced doubts about its[…..] […]

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German games industry feeling positive about 2023

Around half of German game companies expect the industry as a whole to experience a positive economic development in 2023 Just under two thirds of game companies expect their own development to be positive in 2023 52 per cent of game companies in Germany plan to recruit more employees in 2023 Shortage of skilled workers:[…..] […]

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 China Digital Transformation Index Report 2022

The CCP’s 20th annual report pointed out, “Accelerate the development of the digital economy, promote the deep integration of the digital economy and the real economy, and build an internationally competitive digital industrial cluster. “With the in-depth development of a new era of scientific and technological revolution and industrial transformation, digital transformation is no longer[…..] […]

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Germany increases games funding to 70 million euros

Good news for games companies who are developing games in Germany: the budget committee of the German Bundestag has increased the national budget for games support in 2023 by some 20 million euros, to a total of 70 million euros. This decision follows on the great initial success of the funding programme, which has attracted[…..] […]

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THE UK CHILDREN’S MEDIA PLAN: SECURING AND EMPOWERING BRITISH CHILDREN’S CONTENT FOR THE NEXT GENERATION

Having recently been panelists or producers on the CMC’s debate session on future funding, one of the clearest takeouts for us was that the British children’s screen industry, as we know it, is under existential threat. And that has substantial implications for creators, broadcasters and platforms, children and, ultimately, UK society. We understand a number[…..] […]

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ACM Global Technology Policy Council Releases Joint Statement on Principles for Responsible Algorithmic Systems by US and Europe Policy Committees

The Association for Computing Machinery’s global Technology Policy Council (TPC) has released a new Statement on Principles for Responsible Algorithmic Systems authored jointly by its US (USTPC) and Europe Technology Policy Committees (Europe TPC). Recognizing that algorithmic systems are increasingly used by governments and companies to make or recommend decisions that have far-reaching effects on[…..] […]

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Animation Ireland Calls For Extension Of ‘Crucial’ Tax Credit

The country’s competitive tax credit scheme runs out in 2024 and the animation industry’s trade org is asking for a longer-term solution instead of a credit that expires every five years. Animation Ireland, the business group representing Irish animation studios, has called on the country’s government to extend its tax relief benefits to allow the[…..] […]

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