No tool has changed life in China more than the smartphone, with 640 million users and counting in less than a decade. But a new device is possibly disrupting – and improving – life even more, writes Shanghai-based lawyer Mark Schaub in the China Law Insight: the self-driving car. He paints the upcoming changes, and the way China’s government is promoting that change.
Category Archives: innovation
Chinese companies are making great strides in using machine learning or AI. One of the reasons is that China’s WeChat is better fit than Facebook to integrate this disruptive tool, says William Bao Bean, director or the Chinaccelerator to eMarketer about influencer marketing in China.
Western observers wrongly assume that China’s rigid censorship is stopping the country from being innovative. As China is becoming a leader in global innovation, that misunderstanding should be dealt with, says China veteran and former Baidu communication director Kaiser Kuo to Time about Baidu’s CEO Robin Li.
Globally recognized authority on China’s enterprise and banking reforms Harry Broadman has decided to join the China Speakers Bureau. Dr. Broadman has 40+ years as senior business executive and board director throughout the emerging markets; Pioneering thought-leader on global business growth strategy, risk and innovation. He is a private equity investor and former PwC Emerging Markets Investment Leader. His long track record included functions like Chief of Staff, U.S. President’s Council of Economic Advisors, World Bank Official, Harvard Faculty.
China’s National Development and Reform Commission (NDRC) has published last week an ambitious draft road map for the development of self-driving cars in the coming decades. Lawyer Mark Schaub summarizes the latest details of the fast-moving central planning office on the China Law Insight.
Map makers have always found legal restrictions by the Chinese government as a barrier on their way. But now the country wants to become a leader in self-driving cars, Shanghai-based lawyer Mark Schaub expects fast changes in the legal bureaucracy for maps, he tells at China Law Insight. Restrictions for foreign investors might stay in place, he fears.
Tencent’s WeChat, one of China’s leading data companies, might be easier in sharing data with the government compared to its Western competitors, says WeChat expert Matthew Brennan. But when it comes to sharing data with marketeers, the company is way more restrictive, he tells in Harvard Political Review.
Bike-sharing firms like Mobike and Ofo might work out, explains Jeffrey Towson, investment professor at the Peking University. “It is unusual but not crazy,” he tells about the pervasive marketing strategy of bike-sharing. Independent assets moving around might just be the new thing.
Getting rid of legal barriers is key for using innovation in real life, and Beijing approved the first regulations in China on self-driving cars, writes lawyer Mark Schaub at the China Law Insight. He elaborates on the details. “We expect more regions to follow Beijing’s lead and compete for innovation in this key sector,” he adds.
Tencent’s WeChat started early 2017 their mini programs, a solution away from full blown apps, or building a platform, to help brands on their service. WeChat expert Matthew Brennan explains at the JingDaily how why the mini programs took off successfully after a slow start.