According to Accenture’s Global CEO survey in 2021, about 70% of the Chinese executives interviewed believe that the competitiveness of Chinese enterprises has improved compared with North American and European enterprises. In contrast, about 40% of the European and North American executives interviewed believe that their enterprise competitiveness has decreased compared with Chinese enterprises. China […]
innovation
MWC Shanghai 2021 exploring how tech and connectivity can lead global recovery
The GSMA has announced initial details of MWC Shanghai, making a grand return as a physical experience for 2021. Scheduled for 23 to 25 February 2021 and taking place at the Shanghai New International Expo Centre (SNIEC), it will be one of the largest and most anticipated events of its kind in recent months.
Top 10 forecast of China’s digital innovation in 2021-2025
According to IDC, the total GDP brought by digital services and products in 2018 is estimated to be approximately US$13.5 trillion, accounting for 17% of the total global GDP. By 2023, more than 50% of the global economy will be driven by the digital economy. Therefore, the rapid development of enterprises’ digital innovation capabilities will […]
Best performing cities in China in 2019
Milken Institute’s Best-Performing Cities in China series has been tracking the economic performance of Chinese cities since 2015. In 2019, the top 10 in the big cities group are Chengdu, Shenzhen, Beijing, Lanzhou, Zhengzhou, Xi’an, Guiyang, Changchun, Wuhan, and Xiamen.
WeChat and Alipay payments are making smartphones obsolete
When you are still astonished by the unique experiences brought by mobile payment in China, WeChat and Alipay have already started to lead a new payment innovation out of smartphones. Highways contactless payment Alipay launched “license plate payment”. As long as the Zhima Credit is more than 550 points, users can directly bind their car […]
How to command price premium in China
In China market today, “consumption upgrading” is a buzzword, which means Chinese consumers are no longer focusing only on cheap prices, they are now more willing to pay a premium for products/services whose prices they view as justified: it might be better quality, quicker delivery, better brands, smarter functions, or a combination of various factors. […]
2016-2017 China National Image Global Survey
China’s overall image is steadily improving overseas. Countries whose score of China rose the most were all developed countries; awareness of the Belt and Road Initiative rose significantly from three years ago; Chinese food and high-speed railway are most mentioned cultural and high-tech elements.
China to spend twice as much as the US on development research by 2018
China is expected to invest up to twice as much as the US, or US$658 billion (4.5 trillion yuan) in another five years, in the back end of R&D chain, focusing on translating basic and applied research into commercial products and new manufacturing processes according to BCG.
Bloomberg: China Ranked 22nd World’s Most Innovative Country
South Korea tops Bloomberg’s 2015 ranking of the world’s 50 most innovative countries ranking. The U.S. places the sixth, and China 22nd.