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2013-11-14T08:35:53+01:00

More subversive Internet in China

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In China , imitation is often the beginning of innovation , rather than the end , especially in the Internet industry .


Internet information flow break the boundaries of any Silicon Valley a new business model will spread to China almost instantly , and soon there will be imitators. A top venture capitalist told me that in Silicon Valley appear any new technology, new business models or novel concept of the company, almost to the day will be in Beijing , Shanghai or Shenzhen, coffee shop or someone in a hotel lobby talking about and explore the possibility of entrepreneurship .

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But the Internet in China is absolutely not just imitate.


Currently the world's top five Internet companies , China accounted for two : Tencent and Alibaba , which evolved in China market environment , the Internet has become a model for innovation in China . Entrepreneurship and innovation in China , are also increasingly attracted international attention , a cross-border global business networks are formed , and in which China is playing an increasingly important role.

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Internet innovation into China , the traditional industries subversive , more often than in the United States . The retail industry , for example, even though Amazon and eBay is a pioneer in e-commerce and online transactions , but produced in China as the representative of Taobao giant electricity supplier , electricity supplier 's rise , a direct result of the crisis of survival of traditional retailing . Such things did not happen in the United States , the United States as the representative of the supermarket chain Wal-Mart is still firmly occupy the mainstream market. Because Chinese traditional retail underdeveloped immature , leading electricity supplier huge space for development , the impact of the traditional retail industry in some ways even with destructive . Like this one just become Suning appliance chain giant company, the top spot has not sat hot , it has been faced with the crisis of subversion , had faced up to the electricity supplier transformation.


In Internet banking as an example . In the United States , the banking industry for IT technology and network technology is a pioneer in multi-level capital market already mature, well-developed credit card payments , even if there has been such a payment company PayPal , as well as the first generation of P2P model and all the chips , but still can not shake Wall Street represents the mainstream financial system. But in China , this year, the Internet payment , P2P, small loans , financing , insurance and wealth management products and other aspects of comprehensive attack, fierceness , mainstream financial institutions has caused concern . This is because China 's financial market is still not completely open , did not achieve the market for Internet subversion aside opportunities.

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Then to the media industry as an example . Since last year, newspapers and magazines began to enter revenue inflection point, from time to time came to close down some paper media or merger news, the TV operation rate decreased , falling advertising revenue momentum. The United States has been basically completed the impact of the Internet on traditional media stage , into relatively stable content and technology and new media integration phase. Compare, U.S. newspapers and magazines , radio and television is a highly market-oriented and competitive technology industry , while China is the government strictly controls all aspects of the traditional media have been developed on the immature , met the mobile Internet , prompting a " avalanche " effect .


For those anachronistic concerned, the Internet is the death knell , and for innovators , the Internet is the Gospel. And when the Internet deep into China 's traditional industries are less than perfect , this new opportunity and a new combination will produce China 's unique business model. Therefore, the Internet in China will be more thoroughly subverting the user more , and thus have a greater chance . If only the domestic market compared to China there will be greater than the U.S. Internet company , not just because of China 's Internet population than the United States , but also because of the Internet on Chinese traditional industry changes more thoroughly.


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Some of the industry has not developed to the extent the United States , may have been completely changed , or integration with other industries plus the Internet and become a new industry . The United States is a global research and development departments , laboratories, innovation hotbeds , while China became the largest application of innovative converter with the engine , the largest application market. Precisely because of this , more and more international innovators will be added to China , only so much risk capital to China looking for quickly copying the American model of Chinese entrepreneurs.


2013 from the edge of the Internet into the mainstream of the transition to the subversion of the year . The rapid development of the Internet to grow after 80 and 90 after generation , is becoming mainstay of the economy . This has two effects , one is China able to use the Internet to achieve industrial development by leaps and bounds , for example, in the logistics industry , logistics giant United States after decades of development, before the formation of the current intelligent logistics system, but China after less than a decade, will be able to produce such as SF increasingly intelligent logistics giant . On the other hand , the Internet in China on the system by a higher challenge , established a relatively complete social credit system , the real-name system , network security, privacy protection, intellectual property protection , in order to ensure the Internet 's ongoing subversion of innovation .

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