Opinion Archives - Page 18 of 18

China’s 2017 Future Science Prize announced in Beijing

On September 9, the recipients of Future Science Prize, known as China’s version of Nobel Prize, were announced in Beijing. This is the second session of the conference. Shi Yigong— professor and structural biologist from Tsinghua University, Pan Jianwei—professor and chief scientist for Mozi quantum communications satellite from University of Science and Technology of China, […]

How can takeout delivery riders slow down?

Recently, a figure shows that in Shanghai 76 traffic accidents related with takeout delivery happened in the first half of 2017, with one food-delivery rider injured or dead per 2.5 days on average. Riders involved in such accidents from Ele.me and Meituan both account for 26%. After the media reported this news, safety of food-delivery […]

Rap of China Brings About Marriage Between Culture and Capital

The average seasonal production cost for a network variety show in China is between 20 and 60 million yuan under the current market conditions. By investing 200 million yuan into a music talent show, iQiyi is taking quite a gamble. Why exactly did iQiyi set its eyes on such a non-mainstream reality show? A guitar […]

Shared commute again was under the spotlight in China

In early August, a batch of brand new BMW 1-series sedans showed on the streets of Shenyang. These luxury vehicles, equipped with Wifi connection, facial recognition, smart voice assistant, are shared cars which cost users only 1.5RMB per kilometer. Though it turned out that BMW Brilliance Automobile or BMW China were not behind this, luxury […]

Tencent will get rid of the tag as a “game company” by 2020

Abstract: Though Tencent has never been more successful under the glamor of Honor of Kings’ stellar performance, its dependence on gaming industry dropped. The revenue from games to total revenue ratio decreased to 42% in this quarter, while the ratio of the same period last year was 47.9% and the ratio of last quarter 46%. […]

China’s Pop-up shop has become brand marketing’s new favorite

On April 28th, a pop-up shop called Orz Cha which only opened for four days debuted in Shanghai. Because of its ultimate “demotivation” culture, it matches daily sadness white-collar workers. Pop-up shop triggered a long queues at the scene and numerous sharing in moments of WeChat. Pop-up shop has no intention to open for long […]

Wolf Warriors II Lists Top 100 Global Box Office and this ‘Story about China’ Stroke a Chord

By 21:00 UTC+8 on August 14th, the box office of Wolf Warriors II had reached 649 billion RMB (or 697 million US dollars). Thus, it surpassed Mission Impossible, whose box office ranked 99th in the world, and has listed the top 100 global box offices. It is the first time for Asian movies to list […]

3-Hour-Line To Get Chinese Tea: Insanely Popular, or Marketing Stunt?

At 10:30am on August 12th, it was just around half an hour later than Heytea opened its shop in Joy City in Chaoyang District, Beijing. Customers queued a line dozens of 50 to 60 meters long in this Internet popular tea store, totally blocking the door of a neighboring Starbucks. Heavy rain fell on and […]

Netease will M&A Overseas Game Company on a Large Scale

Perhaps to reverse Netease founder William Ding’s “stingy” image? Netease decided to change its conservative attitude in investments and M&A – in a recent report from Bloomberg, Wang Yi, the Vice President of Netease Game, said: Netease Game is recruiting talents globally, and meanwhile also exploring investments and M&A of foreign studios. It is hoped […]

Freestylers on Rap of China Go Viral

Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of China. The iQiyi produced network variety show not only went viral on WeChat and Weibo, it even became the new hot topic among those in the […]

Chinese tech giants’ future battlefield: Conquering the 2D world

Recently, ACG（”Anime, Comic and Games”）has been so hot, it’s like the weather in Shanghai. Last month, Baidu hosted a 2017 2DMAX Baidu forums event; Tencent‘s comic convention QQ JOY was held in Chengdu; BiliBili (a Chinese online video streaming website) sold over 100 thousand tickets for an offline concert. The annual event “China Joy” has just concluded […]

The Rise, Fall, and Future of Chinese Money in Silicon Valley

When China’s uber-rich zero in on an asset class—be it Los Angeles mansions, French vineyards, or European soccer players—they can quickly drown it in cash. But Beijing can take the punchbowl away just as quickly, as Silicon Valley discovered late last year when China’s central government tightened controls over capital leaving the country. That move […]

Number of Female Gamers Surpasses Male Gamers in King of Glory

In the area of attracting female gamers, perhaps US gaming companies could learn from Tencent. According to recent data, the game King of Glory developed by Tencent has reached the highest percentage of female gamers in hardcore versus games. Based on data provided by internet consulting company Jiguang and supported by IDG，by last May of […]

Cashless society will never appear in China, but a new era has come

It is reported that according to some analysts, China, the first country that used paper banknote in the history, now with the surge in mobile payments, may become the first country that stops using cash. While two years ago, it was Denmark that was predicted to be the cashless country. So, will China be “the […]

“Copy to China” Companies that Just Aren’t Fitting In Well

Let’s rewind back to the first 20 years of Internet development in China and talk about its business model. What everyone did back then was “Copy to China”. We essentially brought successful business models from Europe and US to China. For example: Sohu copied Yahoo Tencent copied ICQ Baidu copied Google Taobao copied eBay Meituan […]

Tencent’s Stock Dives Amid Criticism of ‘Addictive’ Mobile Game

Tencent‘s stock plunged more than 4 percent on the Hong Kong Stock Exchange after it rolled out tough restrictions on King of Glory, its popular online game, on Tuesday. It’s estimated the Internet giant lost at least HK $100 billion in the market. Tencent‘s new rules limit players who are 12 years old or younger […]

Silicon Valley’s China Paradox

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for […]

‘King of Glory’ Moves to Fight Addiction, Limits U-12 Players to One Hour

Tencent Games announced a pilot program for its King of Glory online game that would log out players younger than 12 after one hour of daily gameplay, the company said on July 2. In the most strict anti-addiction measure ever taken in Chinese gaming, King of Glory will count cumulative play time throughout the day, […]

The Real Threat of Artificial Intelligence

BEIJING — What worries you about the coming world of artificial intelligence? Too often the answer to this question resembles the plot of a sci-fi thriller. People worry that developments in A.I. will bring about the “singularity” — that point in history when A.I. surpasses human intelligence, leading to an unimaginable revolution in human affairs. […]

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