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QR Code Economy

WeChat Releases New Report on the QR Code Economy’s Fight Against COVID-19

Tencent's WeChat, Tsinghua University's Tsinghua China Data Center, and the Tencent Social Research Institute jointly released a report entitled "The 2020 Pandemic and the QR Code Economy Report". The report points out that as an important part of the digital economy, the WeChat QR Code Economy has played an effective role in buffering the negative impact of the COVID-19 pandemic. In the first quarter, the WeChat QR Code economy increased by 25.86% in value from the prior year despite the difficult macroeconomic…