HONG KONG, 10 July 2019 — The South China Morning Post today released the 2019 China Internet Report, offering international observers essential insights into China’s fast-moving internet industry and an extensive study on how the internet plays a crucial part of China’s economic future.
The second edition of the China Internet Report delves deeper and broader into China’s drive to be a global leader for innovation, and examines the opportunities and challenges for its technology-led industrial transformation. The annual report includes a comprehensive overview of the country’s top industry players and new entrants.
One of the key highlights of the China Internet Report is the year’s most significant trends, as observed by SCMP’s technology reporters and contributing experts:
- The Chinese tech industry’s “copycat” reputation has now been reversed, as China’s innovations in super apps, social + ecommerce, and short videos are being mimicked around the world;
- China is racing ahead with 5G, with hopes to lead in global telecommunications for the very first time (includes a map 5G cities across China, and a timeline comparison between China and other countries in the 5G race);
- AI development in China is making significant advances – including intelligent consumer applications and smart cities; and
- Social credit is becoming a reality in China as local governments roll out their own systems ahead of a 2020 deadline.
As the world’s largest market of internet users, China’s sheer scale and impact as an emerging global trendsetter make the China Internet Report a must-read for global business, policy, marketing, and technology decision-makers. The report includes deep dives into eleven key sectors: e-commerce, Content & Media, Social & Messaging, Sharing Economy, 5G, Artificial Intelligence, Smartphones, Smart Devices, Autonomous Cars, Blockchain & Fintech, and Gaming.
The 2019 edition also includes, for the first time, expert commentary and contributions from technology insiders and industry leaders such as Dr. Kai-Fu Lee (CEO, Sinovation Ventures), Dada, (Co-founder, Pinduoduo), Tan Min-liang (CEO, Razer), Eric Xu (Managing Partner, GGV), and many more.
“Technology has been a central piece of the US-China trade war, so understanding what is driving tech in China is essential knowledge in today’s world,” said SCMP’s Technology Editor Chua Kong Ho. “Tech companies from around the world are taking cues from new digital innovations and new tech business models in China driving the fourth industrial revolution – the China Internet Report will be essential reading because of China’s internet industry’s growing global influence.”
“In our second year partnering with SCMP to produce the China Internet Report, we are excited to share new insights with the world to better understand the vibrant dynamic internet landscape in China and its digital innovations that drive the transformation of payments, blockchain, retail, e-commerce and education,” said Edith Yeung, Managing Partner at Proof of Capital and creator of the China Internet Report. “This report will help any reader have a clearer grasp on the technology trends shaping China.”
Co-authored with Edith and informed by on-the-ground reporting from SCMP and Abacus, the China Internet Report was produced by professional tech editors and researchers presented in a tailored microsite designed by SCMP’s award-winning infographics team. Visit www.scmp.com/china-internet-report or click here to download the free full report.
About South China Morning Post
South China Morning Post is a leading global news company that has reported on China and Asia for more than a century. Founded in 1903, SCMP is headquartered in Hong Kong, where it is the city’s newspaper of record, with a growing correspondent staff across Asia and the United States. SCMP’s vision is to “Elevate Thought” and our mission is to “Lead the global conversation about China”. Additionally, SCMP publishes a portfolio of premium lifestyle and fashion titles in Hong Kong including Cosmopolitan, ELLE, Esquire and, Harper’s BAZAAR. SCMP is also home to Abacus, a digital news brand focused on China’s tech industry; Inkstone, a daily news brief for those curious about China’s growing impact around the world; and Goldthread, a content platform with a focus on food, travel and culture in China.
About Abacus
Launched in March 2018 by the South China Morning Post, Abacus offers an insider’s look at the China tech revolution, highlighting the key players, emerging companies, hottest gadgets, and more through editorial and multimedia storytelling. Abacus is led by Ravi Hiranand, who joined SCMP’s editorial leadership from CNN.
For further information please contact: pr@scmp.com