China is leading the way in digitalizing the consumer experience in retail, but both major competitors – Alibaba and Tencent – have different retail strategies, says WeChat expert Matthew Brennan to the News Lens. Alibaba focuses on the offline experience, Tencent’s WeChat will stay online. In 2018 the battle will be on mobile payment, he adds.
Category Archives: innovation
In the search for answers to the question why Chinese companies do so well, corporate analyst William Bao Bean sees one key difference with Western competitors: many Chinese companies skipped the middle management and organized internal structures fundamentally different, he explains in Venturebeat.
In less than 15 years China changed from a copy-cat factory floor of the world into a leading innovation platform, says former Baidu communication director Kaiser Kuo to India Today. When the perception of China as a copy-cat nation still persists, it is the time to change, he says.
China is diving fast into self-driving cars. But while cybersecurity has become a major issue in IT, in the combination of self-driving cars, cybersecurity is not getting the attention it deserves, says Shanghai-based lawyer Mark Schaub on the China Law Insight, focusing on the legal risks and the actions the Chinese government did take.
Cross-border e-commerce offers huge opportunities, not only for China but for SME’s globally. Realizing those opportunities will not happen by itself, but needs huge efforts, says business consultant Andy Mok in a commentary for state-broadcaster CGTN.
hejiang province, with its capital Hangzhou, have developed into a preferred destination for billionaires, says Rupert Hoogewerf, founder of the Hurun China rich list. Zhejiang not only passed domestic cities like Beijing and Shanghai, but also Paris and San Francisco in the 2018 Hurun report, writes the Digital Journal.
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.
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.