American media: China should learn from Chinese as a new country

Wired magazine website. The idea of China's "following the leader" has been disproportionately exaggerated. But it is clear that China is now a country of innovation, and is defining search, business, social, entertainment and advertising markets in a variety of ways. China now has 4 of the world's 10 largest Internet and technology companies, although it was initially developed as a technology powerhouse by imitating the US technology industry. Impressively, 3 of the 4 companies have been among the top 10 since last year. The growing Chinese economy is increasingly gathering in the mobile internet, and its leaders ' faith and passion should not be underestimated. The only thing that needs to change now is foreigners ' perceptions of Chinese innovation. Here are a few examples of how China is pioneering and America has yet to start.

One, big market. Although China now has a staggering 618 million Internet users, it is still less than half its potential. In addition, China has 500 million mobile internet users and 301 million Internet buyers.

Second, China has the world's largest and fastest-growing mobile communications enterprises. China has the largest smartphone market since 2012. Millet is seeking to pressure Apple, not through plagiarism, but through innovation. Millet, already the 3rd-largest and 6th-largest handset maker in China, wants to become bigger. Microsoft is catching up in the opening of a shop in China, but is it too late?

Third, China has more social information users than the U.S. population. Most of its top companies have their own information services platform. These tech giants are keenly aware of the value of information and are closely monitoring how users communicate via mobile phones.

Iv. in the mobile business, China is in a leading position. In China, mobile phone users can manage their money, take taxis, and even invest in money market funds through mobile phones. In the United States, such activities are far from being as pervasive as China.

V. Innovation in China can be tough, but it's worth doing. As the Chinese market evolves differently from the US market, its ecosystem and user behavior is far more complex than in the US. If you can build a successful product in China, you can get what you want anywhere in the world. Perhaps it is time for America to seek inspiration from China. (Author Gouroux Grapan, Wang Huicong)