Countdown to the Chinese Digital Century: 2021 Report
Friday, September 24, 2021
DUBLIN, Sept. 16, 2021 /PRNewswire/ -- The "Countdown to the Chinese Century: Global Digital Economy" report has been added to ResearchAndMarkets.com's offering.
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China is going to the world's biggest economy by as soon as 2025 at the latest (and 55% digital at around $12 trillion), $30 trillion (GDP) overall by 2030, and $50 trillion-$60 trillion (GDP/PPP) by 2050. It is paramount to understand Chinese consumerism that is going to define innovation in the Chinese Century.
The Chinese Century is imminent and understanding what will be the world's largest economy, its culture, and its philosophy will be imperative to navigate the new world. China is now at the forefront of global innovation seen for example in AI, big data, e-commerce, and live-streaming and has specific leads in high-speed rail, electric vehicles, renewable energy, fintech, and drones. Innovations such as virtual gifts, social e-commerce, AI apps, and super-apps are now being replicated around the world.
Advanced technologies such as AI, robotics, livestreaming, and mobile payments dramatically impact major areas of the economy such as transportation, finance, and healthcare while sectors such as industrial manufacturing, sport, and education will further undergo digital transformation.
New technologies of the future such as 5G, the IoT, autonomous vehicles, and blockchain will take China into the stratosphere however driven by its entrepreneurial flair, academic brainpower, public support, and hyper-speed consumption of the world's most powerful middle class. China led the world for much of global economic history pioneering the likes of the compass, paper, printing, silk, and gunpowder. Now it will lead again, realistically as early as 2025, and it will radically reshape the world in terms of technology, urbanization, rural transformation, culture, and the Belt and Road.
The event of the century will be China becoming the world's leading economy again and official centre of the new world. Each economic sector, innovation, and company have been detailed in an encyclopedic form. Alibaba and Tencent are already the sixth and seventh biggest companies globally by valuation and lead in sales, users, and data ecosystems. Huawei will lead the 5G revolution that will accelerate the future much faster than anticipated in the Western world. AI, big data, and the IoT will further consolidate Chinese pre-eminence.
The overall digital and economic transformation that is about to spectacularly unfold domestically in its urban mega-clusters such as the Jing-Jin-Ji, Yangtze River Delta, and Guangdong-Hong Kong-Macau Greater Bay Area, rural areas, and specific provinces, as China has now become a predominantly internal consumption economy and its 550 million rural inhabitants aspire to become digital entrepreneurs, is further detailed. Included is data such as the size of China's AI market by 2030, where is it already ahead of the US and what are the prospects and timeframes for overtaking the US in all four key areas, the top 1% of AI research papers, and overall AI patents, and how much will AI contribute to GDP in comparison to the US.
Also detailed is how many AI industrial parks and what individual size have been built, how much has been invested, and how many are going to be built in each province and urban mega-cluster. 5G is comprehensively examined from how many 5G base stations has China built to how many will it have built by 2023 and how many overall will it build. Included also is how many 5G base stations have been built in specific provinces and cities.
How many 5G subscribers will China have by 2025 and what percentage of the global total will this be is also discussed. How much 5G is going to contribute to Chinese GDP by 2030 and how quickly will Chinese innovation of these Fourth Industrial Revolutions technologies reduce the timeframe for the specific year China becomes the world's leading economy again are also questions answered. The Chinese economy will reach between $50 trillion to $60 trillion by 2050 and be $30 trillion by 2030.
The Chinese economy is therefore only around one-third to one-quarter through its economic transformation. China has emerged first into the new world and by 2025 will be already over halfway through its digital transformation as its consumptive dynamo power is fully unleashed through
Fourth Industrial Revolution technologies such as AI and 5G. History has come full-circle and the dawn of the new world has arrived; it is Asian but with a Chinese twist. Beijing is the new Chang'an. The future has been designed in China and the Dragon's Digital Dynasty is ready to go global.
Emerging Companies
-- Huawei
-- JD.com
-- Meituan Dianping
-- Pinduoduo
-- Tencent
-- Xiaomi
Key Topics Covered:
-- AI
-- Consumption
-- Development
-- Drones
-- Economy
-- Electric Vehicles/Autonomous Vehicles
-- Fintech
-- GDP
-- Health
-- Innovation
-- Renewable Energy
-- Robotics
-- Smart Cities
-- 5G
Companies Mentioned
-- Advanced Info Service Pcl
-- Advantech
-- Agricultural Bank of China
-- Agricultural Development Bank of China
-- AIG
-- Alibaba (incl. Ant Financial)
-- Amazon
-- American Airlines
-- Apple
-- AutoModality
-- Aviation Industrial Corporation of China
-- Babylon Health
-- BAIC
-- Baidu
-- Baosteel
-- Barclays
-- Beijing Automation Institute
-- Beijing Tiertime Technology
-- BeiDou
-- Bilibili
-- Bitmain
-- Bluehole Inc
-- BNP Paribas
-- BNSF
-- Booking.com
-- British Telecom
-- BYD
-- Bytedance (incl. Douyin/Tiktok, Jinri Toutiao, Musical.ly)
-- Cainiao
-- Cambricorn Technologies
-- Carrefour
-- CATL
-- Changan Automobile Company
-- Changchong
-- Cherry
-- China Academy of Information and Communications Technology
-- China Bengbu International Technology and Economic Corporation
-- China CAMC Engineering Corporation
-- China Communications Standards Association
-- China Construction Bank
-- China Electronics Technology Group
-- China General Nuclear Power Group
-- China Gezhouba
-- China International Water & Electric Corporation
-- China Light Power Group
-- China Machinery Engineering Corporation
-- China Minmetals Rare Earths Company
-- China Mobile
-- China National Petroleum
-- China Northern Rare Earth Technology Group High-Tech Company
-- China Railway Electrification Engineering Group
-- China State Power Investment Corporation
-- China Telecom
-- China Three Gorges Corporation
-- China Tiesiju Civil Engineering Group
-- China Tower
-- China Unicom
-- China UnionPay
-- Cisco
-- CITIC Bank
-- Cloudwalk
-- CNEEC
-- Coca Cola
-- Credit Suisse
-- CRRC
-- CWE
-- Dahua Technology
-- Daimler
-- Dana
-- Daraz
-- Datang Mobile Communications
-- DeepBlue Technology
-- Deliveroo
-- Deutsche Bank
-- Deutsche Telekom
-- Didi
-- Digital China Union
-- Digiwin
-- DJI
-- DXY
-- Easypaisa
-- Ebang International Holdings
-- eBay
-- Edge Computing Consortium
-- Ehang
-- Ele.me
-- Elephant Robotics
-- Emtek
-- Envision Energy
-- Ericsson
-- Export Import Bank of China
-- Exxon Mobile
-- Facebook
-- Face ++
-- Farsoon
-- Financial Blockchain Shenzhen Consortium
-- Ford
-- GCash
-- Geely
-- GetLinks
-- Goldman Sachs
-- Goldwind
-- Google
-- Grab
-- Gree Electronics
-- Grub Hub
-- Haier
-- Harbin Boshi Automation
-- Harrods
-- Hikvision
-- Hisense
-- HIT Robot Group
-- Hollysys
-- Homekoo
-- Honda
-- Horizon Robotics
-- Huadian
-- Hualong One
-- Huawei
-- Huayi Brothers
-- Huiying Medical
-- Huobi
-- Hyperledger
-- IBM Watson
-- iCarbonX
-- iFLYTEK
-- Industrial and Commercial Bank of China
-- InterAgri
-- iQiyi
-- JA Solar
-- JD.com
-- Jiangxi International
-- Jinchuan Group
-- JinkoSolar
-- JingChi
-- Kakao Pay
-- KangHui
-- Kayak
-- KC Wearable
-- KDDI
-- KFC
-- Kingdee
-- King Long
-- KPN
-- Kuaishou
-- Kuka GA
-- LAIX
-- Lazada
-- LeEco
-- Lenovo
-- Lepu
-- LG
-- Li Auto
-- Lineage
-- LinkDoc
-- iDriver+ Technology
-- Innisfree
-- Intel
-- Macy's
-- Magna
-- Maimai
-- MakeBlock
-- Marriott International
-- MediaTek
-- Medprin Regenerative Medical Technologies
-- Megvii
-- Meitu
-- Meituan Dianping
-- Meizu Zero
-- MetLife
-- MicroPort
-- Microsoft
-- Midea Group
-- Mindray
-- Momenta
-- MTS
-- Nantong COSCO KHI Ship Engineering
-- Nari Technology
-- NEC
-- Nervos
-- Nexar
-- NIO
-- Nokia
-- NTT Docomo
-- NXP Semiconductors
-- Ofo
-- Ola
-- Opentable
-- Oppo
-- Orange
-- Panda Selected
-- Paytm
-- Perfect Diary
-- PetroChina
-- Pinduoduo
-- Ping An
-- Plecobot
-- Pony AI
-- PowerChina
-- Proximus
-- Prudential
-- QianDama
-- Qihoo
-- Qingdao Rcollar Group
-- QR codes
-- Qualcomm
-- Qudian
-- Rational Robotics
-- Realme
-- Red Date Technology
-- Roadstar
-- Rural Credit Cooperative
-- SAIC
-- Samsung
-- Sany
-- Saregama
-- SAS
-- Sea
-- Seavo Technology
-- Selfridges
-- SenseTime
-- SEPCO
-- Servotronix Motion Control
-- Shaangu
-- Sharp
-- Shanghai Electric
-- Shenzhen Huashi Future Parking Equipment
-- Shenyang Siasun
-- Shining 3D
-- Shop.com.mn
-- Shougang Motoman Robot Co. Ltd
-- Simeji
-- SinoHydro
-- Sinopec
-- Smart Finance
-- SMIC
-- SoftBank
-- Sougou Pinyin
-- Southern Power Grid
-- Standard Chartered Bank
-- Stanford University
-- State Grid Corporation of China
-- Sunrise East Group
-- Taidi
-- Tebian Electric Apparatus (TBEA) Xinjiang SunOasis
-- Tencent
-- Tequ Group
-- Tesla
-- The Body Shop
-- ThetaRay
-- Transsnet
-- Transsion
-- Trina Solar
-- Trip Advisor
-- T-Series
-- TrueMoney
-- Twiggle
-- Twitter
-- Turing Robot
-- Uber
-- UB Tech
-- Ucommune
-- Union Pacific Railroad
-- Unisun Energy
-- Vanke
-- VIPKid
-- Visualead
-- Vivo
-- Vodafone
-- Volkswagen
-- Volvo
-- Walmart
-- Wasion Group
-- Weibo
-- Weichai
-- Weigo
-- Whole foods
-- WinSun Decoration Design Engineering
-- Wumart
-- Xiaohongshu
-- Xiaoi Robot
-- Xiaomi
-- Ximalaya
-- Xingsheng Selected
-- Xpeng Motors
-- Xtouch
-- Yaskawa and Iwatani Co
-- Yelp
-- Yitu Technology
-- Yonghui
-- Yongyou
-- Youibot
-- Youku Tudou
-- YRF Music
-- Yuanfudao
-- Yulekei
-- YY
-- Zee Music
-- Zhejiang Fuchunjiang
-- Zhihu
-- Zhongli Talesun Solar
-- Zhuhai CTC Electronic
-- Zomato
-- Zonergy
-- Zouyebang
-- ZTE
-- 3D Robotics
-- 4Paradigm
-- 5G Deterministic Network Alliance
-- 99 Taxi
For more information about this report visit https://www.researchandmarkets.com/r/q3lsnb
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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