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China’s pharmaceutic industry after ‘Dying to Survive’
A hugely successful Chinese movie has brought China's pharmaceutical industry into the spotlight. What changes might happen? Starting from June 30, the Chinese movie "Dying to Survive" became the...
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Online grew to 23% of China’s total consumer retail sales in June 2018
In June 2018, the total retail sales of consumer goods reached 3,084.2 billion yuan (US$461.05 bn), up by 9.0% year-on-year (nominal growth rate), according to National Bureau of Statistics of China....
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China mobile internet market forecast 2018-2020
China’s mobile internet saw slower growth of 48.8% in transactions to 8,229.88 billion yuan (US$1,267.10 bn) in 2017. And, it's expected to reach 11,432 billion yuan in 2018 and exceed 19 trillion...
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Second-hand products trading on the rise in China
Consumption value and method are changing along with the rising of the Chinese middle class, post-90s, and post-00s. Users aged between 24 and 30 y-o accounted for 43.3% of Alibaba’s second-hand goods...
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China filed 217,000 invention patents in H1 2018, led by Huawei
China had a total of 751,000 new patent filings in H1 2018, 217,000 of which were granted, according to the State Intellectual Property Office (SIPO). Specifically, 171,000 granted invention patents...
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[STUDY] Chinese online shoppers prefer cross-border online shopping
China has more online shoppers than the US, the United Kingdom, and Australia combined. With online sales now at over 16% of total retail sales, China is second only to the UK in online shopping...
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Online education grew to 220M MAU in China; K12 and preschool saw rapid growth
Total downloads of education training apps category in China increased by 72.8% year-on-year while the proportion of downloads to total downloads in app stores grew by 34.1% in April 2018. Online...
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Alibaba buys into Focus Media to find New Retail synergy
Alibaba buys into China's leading out-of-home (OOH) marketing network which covers 150 cities and creates 500 million daily offline impressions. Alibaba Group announced on July 19 that it will pay...
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Paid content is becoming a mainstream in China
With the widespread membership system of video and audio platforms including WeChat Official Accounts, Chinese users are gradually developing the habit of paying for good content on the internet....
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iPhone X tops best-seller list for 8th month, but crisis looming
Apple loses No.1 position in NPS ranking in China, replaced by Vivo. The decline of iPhone's NPS was mostly because many users were still using its various older models – apparently, Apple had failed...
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China’s mobile music entertainment market 2018; reaching RMB 20 trillion by 2020
China's mobile internet growth started to slow down since 2015. It generated 8,229.88 billion yuan (US$1,233.52 bn) in 2017 and expected to reach 19,265.43 billion yuan (US$2,887.57 bn) by 2020. As of...
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Self-driving tour trending in China
By the end of 2017, China had 310 million active motor vehicles, among which, 217 million were cars. Beijing, Chengdu, Chongqing, Shanghai, Suzhou, Shenzhen, and Zhengzhou together had over 3 million...
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Baidu search exhibiting robust revenue growth driven by AI in Q2 2018
Baidu Smart Device – Sengled Baidu had a stronger quarter in Q2 2018 with search exhibiting robust revenue growth driven by AI-powered monetization capabilities and Baidu feed continuing strong...
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Insights of Starbucks and Alibaba’s strategic partnership
Starbucks and Alibaba Strategic Partnership Press Conference Starbucks and Alibaba announced their strategic partnership on August 2, 2018, in Shanghai. It involves multiple digital channels from the...
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Chinese search engine Sogou revenues up 43% in Q2 2018
Sogou CEO Sogou achieved solid results in Q2 2018 with revenue increasing 43% year-on-year to US$301.4 million and non-GAAP net income up by 58% to US$38.2 million, according to its financial results....
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Starbucks China comparable store sales down 2% in Q3 FY18
In Q3 FY18, Starbucks reported consolidated net revenues up 11% to a record $6.3 Billion from the prior year. The comparable store sales up 1% globally and in the U.S., driven by a 3% increase in...
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Getting to know China’s post-00s consumers
Chinese post-00s, who were born since the year 2000, are turning adult in 2018. Comparing with post-90s' past consumption, post-00s save more with more purchasing power and autonomy. Post-00s has much...
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Pricing only the 2nd most important in China for choosing cloud vendors
China devoted almost the same amount of expenditures to the public and private cloud in 2017. That differs a lot from the United States where public cloud took far more IT budgets versus private...
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70% of Uniqlo overseas revenues generated from China and set to open 1,000...
The Fast Retailing Group generated rises in both revenue and profit in the first nine months of fiscal 2018 from 1 September 2017 to 31 May 2018. Consolidated revenue totaled ¥1.7041 trillion (100.8...
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China’s top 10 cross-border export e-commerce apps 2018
The transactions of cross-border e-commerce in China reached US$1.22 trillion in 2017, with an increase of 20% from 2016 (US$1.01 trillion). The transactions of export e-commerce totaled US$0.84...
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