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The rise of men in China’s “she-conomy”
Today, in some areas of consumption in China that were originally only for women, men's consumption has also begun to emerge. According to the data of a white paper from So Young, the number of male...
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China enterprise SaaS market overview & forecast 2020-2024
In the first half of 2020, China's enterprise SaaS market reached US$1.36 billion, an increase of 27% YoY. CRM has 59% market share. Considering the impact of the epidemic, small and medium-sized...
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China smart cities spending forecast 2020-2024, with a CAGR of 17%
The global investment in smart cities in 2020 will reach US$111.14 billion, a year-on-year increase of 9.1%, which is lower than the expected growth rate of 18.9% made before the epidemic, according...
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Top search trends in China in 2020
The most searched 10 keywords on Baidu related to technology in 2020 are mask facial recognition, quantum computing, virtual human, brain-computer interface, driverless taxi, industrial Internet of...
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Alibaba upsizing its share repurchase to US$10 billion
Alibaba Group announced that its board of directors has authorized to upsize its share repurchase program from US$6 billion to US$10 billion on 27 December 2020. This Share Repurchase Program will be...
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Weibo MAU reached 511 million in Sep 2020, down 2.3% QoQ
Weibo’s monthly active users (“MAUs”) reached 511 million in September 2020, a net addition of approximately 14 million users on a year-over-year basis. Mobile MAUs represented about 94% of MAUs,...
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5G connected car sales in China to exceed 7 million units by 2025
5G connected car sales in China will grow to 7.1 million units in 2025, accounting for 40% of the country’s total connected car sales volume, according to the latest research by Counterpoint....
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Top 10 forecast of China’s digital innovation in 2021-2025
According to IDC, the total GDP brought by digital services and products in 2018 is estimated to be approximately US$13.5 trillion, accounting for 17% of the total global GDP. By 2023, more than 50%...
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Top 10 forecasts for China cloud computing market 2021-2024
After more than ten years of development in the Chinese market, cloud computing has evolved from a purely central cloud infrastructure that mainly meets resource-based needs to a new generation that...
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Top China digital trends in 2020
We’ve taken a look at all the articles published on CIW and come up with the top 10 articles with the most views in 2020.China Retail Sales From January to November, China’s online retail sales...
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JD Worldwide opened a duty-free store in Hainan
JD Worldwide, the cross-border e-commerce platform of JD.com, opened a duty-free store in the city of Sanya, Hainan province on December 30th 2020. JD Worldwide works with a company under Hainan...
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NIO’s vehicle delivery grew by 111% in Q4 2020
NIO delivered 7,007 vehicles in December 2020, setting a new monthly record representing a strong 121.0% year-over-year growth, according to its official press release on 3 January 2021. The deliveries...
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Shopping contributed to over 30% of China’s tourism industry
The added value of China’s tourism and related industries in 2019 was 4,498.9 billion yuan, accounting for 4.56 percent of GDP, 0.05 percentage point higher than that of the previous year. The added...
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Top 10 forecasts of China’s AI market 2021-2024
By 2023, more than 15% of consumer-centric AI methods and systems in China’s financial, medical, government and other regulated public sectors will explain the relevant regulations of their analysis...
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Forecast for China’s future connectivity 2021-2024
Digital transformation is not accomplished overnight, and "technology + business" will have a long-term running-in process. The future will be an era of the interconnection of all things, and...
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Chinese e-scooter maker NIU sales grew over 42% in 2020
In the fourth quarter of 2020, NIU sold 149,705 e-scooters, representing a 40.9% year-over-year growth, according to its official press release. The number of e-scooters sold in the China market...
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Baidu to produce intelligent electric vehicles with Geely
Baidu yesterday announced its plan to establish a company to produce intelligent electric vehicles (EV), and that it has entered into a strategic partnership with multinational auto manufacturer...
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Baidu’s live streaming app saw 900 million monthly views in 2021
Baidu’s monthly live streaming views exceeded 900 million, according to an official report from Baidu last week. The number of live streaming hosts increased by 317%, the number of comments per user...
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China’s economy expected to grow by 7.9 pct in 2021
The Chinese economy continues its fast recovery from the pandemic. IMF forecasts that China’s GDP growth is projected at 1.9% in 2020 and 7.9% in 2021. In its latest Global Economic Prospects released...
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Top 10 forecasts of China’s smart home market 2021
In the past two to three years, China's smart home market has experienced great changes from savage growth to the adjustment period. With the outbreak of smart speakers, voice interaction has come...
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