China’s financing and investment spread across 61 BRI countries in 2023 (up...
2024-02-27 31 英文报告下载
While the web quickly took off in the West, it didn’t quite catch on in China until 1994. The growing number of public internet cafes or wangba across big cities played a major role in extending the Internet’s reach in China — these became the bridge to the world for many young Chinese. And with first Internet users, local companies such as Sina, Sohu and NetEase opened for business… While in the early days, China was playing catch up, its tech sector is now leading the world with innovations that are distinctly Chinese.As internet penetration has grown there has been a significant shift in the types of new users coming online. Long before affordable mobile devices and high speed data were widely available, the internet was only accessible to the “elite”. Nearly 60% of internet users in 2000 were college-educated, many of these likely university students with access through computers on campus. 20 years later, the share of internet users with a college degree has dropped to just 10%. In 2020, nearly half of internet users had only the 9 years of mandatory education.The ubiquitous QR originated in Japan in the mid-90s, initially aimed at helping factories with manufacturing [S].
Having seen slow adoption everywhere else in the world, QR codes are an essential part of daily life in China, seamlessly connecting offline with online. QR codes are often criticized for being ugly, but their true beauty lies in their simplicity and how easily recognizable they are. Unlike overseas payment methods that use NFC, QR codes are dead simple, they can easily be printed on a basic printer and everyone knows what to do with a QR code as soon as they see one.As COVID cases surged, China turned to its big tech companies. While the rest of the world tried to develop their own national systems to tackle the pandemic, the Chinese government deployed their preexisting tech solutions, which needed little adjusting. Fast Implementation of QR codes In order to curb the spread of the virus, citizens were assigned a QR code based on their recent movements. Generated in WeChat and Alipay, a green code (see right) meant an individual is not at risk, while amber and red codes mean a person may have been exposed to COVID. More recently, people's vaccination status is also shown on the health code.
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