China

China's mobile economy, explained

A man uses his mobile phone while walking past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, November 20, 2013. REUTERS/Jason Lee/File Photo - RTX2PSUT

'The mobile economy has turned China into an innovation hub' Image: REUTERS/Jason Lee

Winston Ma
Adjunct Professor, New York University
Share:
Our Impact
The Big Picture
Explore and monitor how China is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

China

Attendants watch a screen showing the value of sold goods exceeding 111.1 billion yuan ($16.3 billion) at Alibaba Group's 11.11 Singles' Day global shopping festival at a media centre in Shenzhen, China, November 11, 2016.
The value of sold goods exceeds 111.1 billion yuan ($16.3 billion) at Alibaba Group's Singles' Day shopping festival Image: REUTERS/Bobby Yip
Villagers look at a screen displaying a website of Alibaba's Taobao at a rural service centre in Yuzhao Village, Tonglu, Zhejiang province, China, July 20, 2015. E-commerce growth in the countryside now outpaces that in major cities, though fewer than one tenth of online purchases made on Alibaba platforms were shipped to rural areas in the first quarter of this year. Alibaba estimates the potential market at 460 billion yuan ($74 billion) by next year. Picture taken July 20. REUTERS/Aly Song - RTX1MHA8
Villagers look at a screen showing Alibaba's Taobao site in Yuzhao Village, Zhejiang province Image: REUTERS/Aly Song
Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
ChinaFourth Industrial RevolutionThe Digital Economy
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

More on China
See all

Ranked: The largest bond markets in the world

Dorothy Neufeld

April 17, 2023

About Us

Events

Media

More from the Forum

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum