50% of China’s top 2000 enterprises will use AI to develop risk-based operational decision guidance and insight; the time to market will be reduced by 55%, according to forecasts from IDC. 1. AI risk decision By 2026, 50% of China’s top 2000 enterprises will use artificial intelligence to develop risk-based operational decision guidance and insight, […]
manufacturing
China’s economy in Q3; GDP grew 4.9%
China’s economic growth of the first three quarters shifted from negative to positive in Q3 2020.
Alibaba unveils New Manufacturing digital factory Xunxi
Alibaba Group revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”) on 16 September 2020.
The gap behind China’s e-commerce factories
This is the third part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. Read part 1 here and part 2 here. You can download the full eBook here. Compared with manufacturing, China’s internet companies know more about how to interact with consumers. E-commerce factories is an attempt to promote manufacturing […]
Pinduoduo and Taobao’s manufacturing strategies
This is the second part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. Read part 1 here. You can download the full eBook here. E-commerce giants are speeding up their deployment of factories. C2M, or customer to the manufacturer, is the direct connection between the customer and the manufacturing […]
Insights of e-commerce and manufacturing collaboration in China
This is the first part of a three-part series on e-commerce companies’ exploration and collaboration with the manufacturing industry. You can download the full eBook here. E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic of e-commerce reaching the peak, the […]
China GDP overview for the first half of 2019
The gross domestic product (GDP) of China was 45,093.3 billion yuan (US$6,565.68 billion) in the first half of 2019, a year-on-year increase of 6.3% at comparable prices according to the preliminary estimates of National Bureau of Statistics of China. The year-on-year GDP growth for the first quarter was 6.4 percent, and 6.2% for the second […]
Internet economy overview 2019: China vs. the U.S.
China’s road to digital transformation is quite different from other markets as the consumer internet is driving the development of industrial internet, according to a report co-released by the Boston Consulting Group (BCG), Alibaba, and Baidu. To a certain extent, Chinese consumers have led a highly digital daily life. 20% of households in first- and […]
China GDP overview for Q3 2018
The gross domestic product (GDP) of China was 65,089.9 billion yuan (US$9,368.51 bn) in the first three quarters of 2018, a year-on-year increase of 6.7% at comparable prices, according to the preliminary estimates of National Bureau of Statistics of China.
China GDP grew faster than expected in Q1 2017
The gross domestic product (GDP) of China was 18,068.3 billion yuan (US$2,626.81 billion) in the first quarter of 2017, a year-on-year increase of 6.9% at comparable prices according to the preliminary estimates of National Bureau of Statistics of China.
China’s spending on robotics will more than double to $59.4 bn in 2020
China’s spending on robotics will more than double to $59.4 billion in 2020 from $24.6 billion in 2016 (over half from manufacturing) according to IDC.
China Jan 2015 PMI Down 0.3 Percentage to 49.8%
In January 2015, China’s manufacturing purchasing managers index (PMI) was 49.8%, 0.3 percentage points lower over last month according to National Bureau of Statistics of China.
China’s Manufacturing Sector Continued to Maintain Expansion in Nov 2014
In November 2014, China’s manufacturing purchasing managers index (PMI) was 50.3%, 0.5 percentage points lower over last month according to National Bureau of Statistics China.
China GPD 7.3% in Q3 2014, Slowest in 5 Years
According to National Bureau of Statistics of China, the gross domestic product (GDP) of China in the first three quarters of 2014 was RMB 41,990.8 billion (USD 6,858.5 billion), a year-on-year increase of 7.4%.
HSBC PMI China Signaled Slightly Weaker Growth in Service Sector in September
Purchasing managers index (PMI) data, released by HSBC covering both manufacturing and services, signalled a further expansion of Chinese business activity in September 2014.