A shift in China’s stance on tech regulation presents a host of new opportunities for UK companies in the tech and healthcare spaces, writes Elinor Greenhouse, Senior Adviser, Tech and Innovation, China-Britain Business Council At the conclusion of the Third Plenum in Beijing this week, innovation and the balancing of development and security were set out as some of China’s core strategic priorities. Meanwhile, in Westminster, there has been much… …
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China’s goal of ‘common prosperity’ – coupled with its recent crackdown on the country’s largest tech companies – has produced an unlikely beneficiary: even more investment in agriculture, writes Mark Tanner from The China Skinny Having already taken a hammering from Beijing’s antitrust initiatives in the tech industry, tech firms have become a lot quicker in reading the tea leaves and acting upon them. Beijing’s increasing use of its “common prosperity”… …
Alipay’s Jonathan Quin explains how businesses can benefit from China’s digital revolution When I first started travelling to China regularly in 2015, I was struck by how the country’s consumers, in particular its millennials, had become increasingly digital: payments were almost exclusively made by scanning QR codes, and nearly every aspect of daily life – from hailing cabs and finding food, to managing finances and booking medical appointments – was… …
Massive Analytic’s founder and CEO, George Frangou, has found that there is great potential – and potential pitfalls – in taking artificial precognition to the Chinese market Artificial intelligence is no longer the stuff of sci-fi. From retail chatbots to automated financial investing, it’s making waves in nearly every industry – and as quickly as the demand is increasing, so is the technology’s sophistication. One company leading the way with… …
Getting into the China market is crucial if you want to be a truly global company, says Max Cumming, business development lead of geolocation app what3words. Here’s how his company is going about it what3words is a simple but innovative solution to a common problem. Founder Chris Sheldrick used to work in the music industry, and became intimately acquainted with the flaws of using street addresses to navigate to unfamiliar… …
Before a UK company sets up in China, it’s key to weigh up cybersecurity risks: From the effect of the Great Firewall of China to data collection, early research and expert advice are both vital China has established itself as a global superpower, growing its GDP to become the second-largest economy in the world behind the US. Its influence on the global stage is expected to expand even further, with… …
Organisations operating in China need to be particularly vigilant in the area of business ethics to avoid infringing UK or international law. Here’s why vigilance and transparency are key to operating successfully in the world’s second-largest economy Much has been made of both the opportunity and complexity represented by the Chinese market. For an ambitious business looking to take its products or services global, the idea of expanding into the… …
China is increasingly open to overseas tech investors and the burden of regulation is lower than ever before: You should get to know the red tape related to China’s labour laws, Cyber Security Law and others – but it doesn’t need to stand in your way China is a territory rich in potential for UK tech companies, with a hunger for technology and innovation. Yet organisations wanting to capitalise on… …
From Huawei’s 5G to Jack Ma’s Alipay and Tencent’s WeChat, the plethora of wildly successful Chinese tech companies mean the country is well on its way to achieving its goal of becoming a leading global technological superpower by 2050. Here’s how it’s unfolding The world’s appetite for new technologies is only increasing, and China is determined to take advantage of this demand and become a leading global technology market. China’s… …
Dao Insights share their China predictions for 2021 in three key areas: digital society, healthy lifestyles and travel trends. It’s no secret that 2020 was a year many would like to forget. But while much of the global community is still grappling with the Covid-19 pandemic in 2021, China is in a quite different situation. In fact, thanks to strict lockdowns in areas where cases pop up, the country managed… …