Slashdot Mirror
China Internet Report 2018 (abacusnews.com)
At Rise Conference in Hong Kong on Tuesday, Abacus executive producer Ravi Hiranand, South China Morning Post technology editor Chua Kong Ho, and 500 Startups partner Edith Yeung presented China Internet Report 2018, highlighting the big names and wider trends shaping China's technology. The takeaway: China has nearly 3 times the number of internet users as the United States, and the gap will only widen: China has 772 million internet users, vastly more than the 292 million in the US. And there's still plenty of room to grow -- internet penetration is only at 55% in China, while in the US, it's 89%.
Beijing is China's unicorn capital: Some of China's biggest tech giants may have started in Shenzhen, but Beijing leads the way with 31 tech unicorns. (Shenzhen has just 11!)
China's internet giants are doing everything: From streaming video to self-driving cars, the big three (Baidu, Alibaba and Tencent) are present in almost every tech sector, either by investing in startups or by building it themselves.
Government policy continue to actively shape China's tech industry.
China's online shopping giants are going offline.
China loves short videos.
WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
China lags behind the US in AI, but the government wants to catch up -- soon.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
China is now the world's biggest gaming market: It accounts for more than aquarter of the world's total gaming revenue (the US is close behind in second). And it's dominated by two players: Tencent and NetEase, who jointly have over 60% market share in China.
Beijing is China's unicorn capital: Some of China's biggest tech giants may have started in Shenzhen, but Beijing leads the way with 31 tech unicorns. (Shenzhen has just 11!)
China's internet giants are doing everything: From streaming video to self-driving cars, the big three (Baidu, Alibaba and Tencent) are present in almost every tech sector, either by investing in startups or by building it themselves.
Government policy continue to actively shape China's tech industry.
China's online shopping giants are going offline.
China loves short videos.
WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
China lags behind the US in AI, but the government wants to catch up -- soon.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
China is now the world's biggest gaming market: It accounts for more than aquarter of the world's total gaming revenue (the US is close behind in second). And it's dominated by two players: Tencent and NetEase, who jointly have over 60% market share in China.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
Maybe the Chinese term is Listens-all-the-time? We-hear-all-you-say? Or smart microphones? That is what we should start calling them, they will sell a lot less in North America too.
When the copyright term is "forever minus a day", live every day like it's the last.
That makes sense. If you live in a country where you have known that everyone and their dog is eavesdropping on you 24/7, you are wary of such trojan horses.
Only in countries where the population isn't used to a government that makes it their business to spy on you the people could possibly be gullible enough to buy such crap.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
Do you know how much cheaper china is than the US at this point?
Its marginal.
First because labor costs are decreasing in relevance as we automate.
Second because chinese labor costs have gone up.
Third because various things in china other than labor are more expensive than in the US.
Fourth because there are often unaccounted costs to doing business in china such as forced tech transfers, IP theft, etc that ultimately can erase all gains.
There is more... but that makes the point that it is more complicated and the cost of doing business in china is not that much cheaper than in the US.
And because I won't be believed and no one uses a search engine to inform themselves absent it getting jammed in their faces:
http://fortune.com/2015/06/26/...
China is replaceable in the US supply chain. We only used them because we are making a lot of things in other countries in east asia and china was a reasonable place to assemble things. Totally replaceable.
I know I know... lots of either clueless or politically motivated asshats running around running their mouths saying X or Y must be and the status quo is forever.
Think for yourselves.
Note the UK is also cheaper than Germany. Add that to your thinking on the Brexit discussions. ;)
I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
How many recommended FDA servings are there in an elephant? When a man goes to Costco etc and buys a one gallon jar of mayonnaise... how does he propose to use it all?
One serving at a time.
It took us over ten years to get here... how long will it take us to get out? If we work at it, another ten years.
The man asks why are we not doing it? The man does not know that we ARE doing it. What the man means is "why haven't we ALREADY done it?"... Time.
https://www.youtube.com/watch?...
You might as well ask from the rear seat of the car on the way to Disneyland... "are we there yet" no more than a mile from the old man's house.
Patience. See the big picture. See the forest instead of the tree for a minute. Its all relative and just as China could be made something from nothing something else can be made to take its place.
Houses are built... men come along, prepare the earth, lay the foundation, build up the walls, and plop a roof on it. What ever shall we do if we lose one building or another? Why we'll have to go through the trouble to make another one.
Really not that big of a deal.
I've decided to stop wasting my time responding to AC trolls/sockpuppets... so if you want a response from me... login.
> WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
The penetration of WeChat is quite worrying when considering the future of internet/web (in China, at least), but also these mini-programs seem to be a direct threat to PWAs (as well as native apps). Any entity that wants to get value from the internet in China needs to master these technologies. I see Tesla have already realised this:
"Tesla has a mini-program enabling users to locate charging stations, schedule a test-drive and share their experiences about driving a Tesla car"
https://walkthechat.com/wechat...
Max.
It's not so as you think. It's true that countries are spying on each other for political and economical reasons and China is known for recently acquiring lots of tech "from abroad", but do the research and you will see a bigger picture in which US raise in technology was due to heavy investments and acquired German tech after WWII and China has always been innovative (paper, gun powder, rockets, bridge, gliders, parachute, print, and many more, preceding Europe by centuries) and now due to - yes heavy investments in science, it is already getting close, e.g. they're the first to transmit quantum encrypted messages via a satellite. Considering the current political landscape, China will keep progressing and the history will tell you that they do not need somebody else to think for them.
Karate is from Japan. (or at least the place it is from is part of modern Japan)
"That's the way to do it" - Punch