Car ownership vs hailing in China: substitutes are gaining traction in China mobility market

Considering growing number of population and wide adoption of disruptive perceptions, China’s car market has entered a brand-new phase where it has achieved a great number of car ownership and new car registrations. The market rapidly emerges into boutique sectors like renting, leasing, new energy vehicles and car-hailing. Now fewer consumers think of cars as […]

Mobile Banking in China

mobile banking in CHina

Mobile Banking in China [More market research in China] In 2012, the number of mobile banking usage reaches 150 million in China. This is 40% of world’s total. And the number is still rising. In 2012 users had grown by 100%, and transaction value had grown by 300%. Chinese Banks’ Strategy in Mobile Banking: CMBC […]

How ZTE started: the importance to enter China market in time

How ZTE started

High-tech and communications are largely encouraged by government in China. The companies, which could predict such a demand in 80’s, are now the leaders of telecommunications industry. ZTE is one of such companies, which was established in 1985 by Hou Weigui. Our focus is on How ZTE started. Nowadays, the company is headquartered in Shenzhen […]