China’s high-tech industry: unprecedented rise from a manufacturing hub to an innovation powerhouse
China’s high-tech industry has been witnessing tremendous growth over the past few decades, shifting from its traditional focus as a manufacturing and assembly hub to the role of a leader in the global innovation tech scene. Many factors including favorable government policies, strategic private investments, and the rise of prominent tech giants have caused this […]
China’s metaverse: The next frontier in retail
In 2021, the Chinese government set Metaverse technology development as an objective for the country’s economic growth. With government incentives and a strong interest from Chinese consumers, Chinese tech giants have aggressively invested in Metaverse technology and applications ever since. VR enhanced gaming is of course one of those applications, but those technologies apply far […]
DJI in China: from a small drone to a tech tycoon
The drone “empire” of DJI began in the dormitory of college student Wang Tao in 2006. As the founder of DJI, Wang Tao has been obsessed with studying Unmanned Aerial Vehicles (UAVs) all his life. After graduating from Hong Kong University of Science and Technology, he was determined to pursue his dream of moving DJI […]
Riding the experiential retail trend: Inside Nio and Huawei’s neighbourhood stores in China
Experiential retail is the focus on establishing a captivating and shareable experience for consumers once they enter through the doors. Experiential retail differs from traditional retail in that its main goal is to prioritize customer engagement and senses – not sales. Businesses in China are no stranger to the world of experiential retail; they work […]
Will there soon be flying cars in China? Xpeng says flying cars will be a regular part of daily life by 2040
Ever since the ancient times, Chinese people have always fantasized about driving in the sky. Imaginary depictions of air-crafts that could take off and land vertically in massive rural regions appeared in a famous Chinese mythological novel ‘Classic of Mountains and Seas’ (山海经) written from more than two thousand years ago. Today, this myth doesn’t […]
Beijing focuses on edge computing in China: 7 of the top 10 edge computing patent submitting orgs are Chinese
The Chinese edge computing industry is a relatively young market. Edge computing is a form of computation that is performed on-site or adjacent to a specific data source, which minimizes the need to process data remotely in the data center. Edge computing can be used in many ways, including security and medical monitoring, self-driving cars, […]
Air conditioner market in China: The brands keeping China cool
According to the International Energy Agency, nearly two billion air conditioners (AC) are in use worldwide this year. This number will to increase to 5.5 billion by 2050 and China is going to drive the majority of the world’s demand. Indeed, China has boasted the fastest growth in space cooling energy consumption in the last […]
Light shows and drone advertising in China: The new era of offline advertising
In the past four years, the outdoor high-tech advertising market in China has grown at a compound annual growth rate of 18.2%, reaching 45.6 billion yuan in 2020. The development of technology, an increase in advertising space and forms, and audience contributed to the promotion of new advertising in China. New advertising is high tech […]
Huawei’s social experiment showering strangers with compliments
In its most recent campaign, Huawei is challenging China’s reserved culture by encouraging strangers at bus stops to exchange compliments through their Vision TVs. On 21st May 2021, Huawei released a commercial for its smart TV Vision V Series, 赞美始发站 Station of Compliments. But the commercial was no standard campaign; it was Huawei’s social experiment. […]
Huawei’s market strategy during a really, really rough year
For Huawei’s smartphone business, 2020 was particularly difficult. On the one hand, under the trade ban signed by the United States in 2019, Huawei’s smartphones sold overseas cannot be equipped with Google’s GMS (Google Mobile Service), which has seriously affected their overseas sales of smartphones. Even though the Chinese smartphone brand launched HMS (Huawei Mobile […]
China Paradigm transcript #90: Is the VR industry the next tech revolution in China?
Find here the China paradigm episode 90. Learn Eloi Gerard‘s (CEO and co-founder of CrowsNest) story in China and find out all the details about the VR industry in China. Full transcript below: Hello everyone. This is China Paradigm where we, Daxue Consulting, interview season entrepreneurs in China. Matthieu David: Hello everyone. I am Matthieu […]
Daxue Talks transcript #53: Crypto currency lessons from China
Crypto currency lessons from China In this episode of Daxue Talks Steve Hopkins, a China’s fintech specialist talks about the different crypto currency lessons from China. Full transcript below: Hi everyone, my name is Steve Hopkins. I’ve been operating within the Chinese fintech industry for the past several years, working at Chinese hedge funds, robo-advisors, crypto […]