As digital transformation accelerates, Chinese SMEs are facing increasing data security risks according to a report jointly released by 360 Dipper Research, the company’s think tank, and organizations including the China Association of Small and Medium Enterprises.

360北斗研究与包括中国中小企业协会在内的组织联合发布的一份报告显示，随着数字化转型的加速，中国中小企业面临着越来越大的数据安全风险。

E-commerce giant JD's financial technology arm JD Finance speeds up exporting its technological capabilities to banks by launching a package named the Big Dipper on Friday.

Li added that the Big Dipper's credit demand identification and matchmaking platform will share more situations where credit is needed and will include more credit products offered by various banks.

Xie said JD Finance hopes to help each bank using the Big Dipper lend 10 billion yuan more to retail clients and help it achieve a growth of 10 billion yuan in loan balance in three years.

By now, 30 banks including the Bank of Beijing and Bank of Jiangsu have joined an alliance, which relies on the Big Dipper to expand retail credit business, according to JD Finance.

Chinese MSMEs are facing increasing data security risks according to a report jointly released by 360 Dipper Research, the company's think tank, and organizations including the China Association of Small and Medium Enterprises.

As digital transformation accelerates, small and medium Chinese enterprises are facing increasing data security risks, according to a report jointly released by 360 Dipper Research, the company's think tank, and organizations including the China Association of Small and Medium Enterprises.

As digital transformation accelerates, Chinese SMEs are facing increasing data security risks, according to a report jointly released by 360 Dipper Research, the company's think tank, and organizations including the China Association of Small and Medium Enterprises.

China began to construct its Beidou navigation system, named after the Chinese term for the Big Dipper constellation, in the 1990s and started to serve the Asia-Pacific region since 2012.