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
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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
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Related topics:
ChinaFourth Industrial RevolutionThe Digital Economy
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