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According to Jack Ma, internet finance is impossible without a powerful credit system and a reliable risk-management system, both of which function on a strong database. "From its first days, P2P lending was just illegal fundraising platforms running on web pages. It is unreasonable to blame the whole of internet finance for each problem we meet."
How to maintain growth once the novelty wears off will undoubtedly pose huge challenges to retail outlets such as MINISO, which have already become accustomed to low profits and quick turnover.
Plant-based meat is riding on the waves of big investment.
The move to service-based subscriptions is a big trend in the industry. But will Chinese smartphone companies be too quickly lured by profits in jumping on the bandwagon of an as-yet immature and untested ecosystem?
If we are really to regard this current wave of Moon landings as a second "race to the Moon", first we must note the differences between this one and that of the Cold War period. Most evident is the usurping of politics by business.
On February 10, WeChat published its official 2019 Chinese Lunar New Year statistics report, delivering an in-depth analysis of how Chinese celebrate the Lunar New Year.
In the past year, Hongqi has made waves and broken new ground in the automobile world. It debuted at the CES 2019 with the 'Qijing' smart cabin, showcasing its technology, concept and vision for future mobility, as well as its understanding of smart cities.
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