Shotgunner51
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Agree. I see in next gen telecom tech, ZTE is becoming the challenge to Huawei's dominance, competition it's good for the whole ICT industry.
China ICT (Info Communications Technology) Industry, Infra, Commerce, Exports: News & Discussions
- Thread starter haidian
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grey boy 2
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U.S. Tech Companies Now Copycats of Chinese Peers, Andreessen Horowitz Partner Says
By Liza Lin Published June 09, 2017 Features Dow Jones Newswires
Chinese technology companies have long had a reputation of being copycats of Western peers, but U.S. companies have recently begun to return the favor, said a partner at prominent venture-capital firm Andreessen Horowitz.
China's internet titans such as Tencent Holdings Ltd. are influencing U.S. startups and majors alike, and many Chinese models are being replicated in the U.S., said Connie Chan, a partner at the Silicon Valley venture firm whose investments include Airbnb Inc. and Facebook Inc.
LimeBike, a San Mateo, Calif., upstart backed by Andreessen Horowitz, adapted China's dockless bike-sharing model for U.S. consumers, Ms. Chan said at The Wall Street Journal's D. Live Asia conference Friday. The company's smartphone-activated bicycles, which use designated public spaces for parking instead of docking stations, were first rolled out by Beijing-based Ofo Inc. and Beijing Mobike Technology Co.
Also, Apple Inc. recently added payment services to its iMessage chat service, taking a page from Tencent's playbook, Ms. Chan said.
"I love this reversal of what 'China copycat' can mean," she said. "It no longer just means a Chinese company copying the States, it can mean a U.S. company copying China."
David Su, the founding managing partner at Matrix Partners China, said the next big Chinese technology success story would likely come from companies whose business models leverage micropayments on mobile as well as the software services and security space.
"In the next few years, we will see a lot of innovation on payment on mobile which will drive a lot of consumption and changes in behavior," said Mr. Su, an early investor in Chinese tech giant Baidu Inc. and ride-hailing company Didi Chuxing Technology Co.
Mr. Su said the growth in investments coming from China's three internet majors- Alibaba Group Holding Ltd., Tencent and Baidu--hasn't had an impact on valuations for early-stage venture-capital firms, as the three companies typically take part in later funding rounds, he said.
Still, intense battles often take place there.
"Unfortunately, because of the hyper competition among the big giants, often when one picks a big player, the other side almost compulsively will pick another competitor," Mr. Su said. "It's created almost two blocks of warring camps."
Write to Liza Lin at liza.lin@wsj.com
(END) Dow Jones Newswires
June 09, 2017 02:06 ET (06:06 GMT)
http://www.foxbusiness.com/features...e-peers-andreessen-horowitz-partner-says.html
https://www.wsj.com/articles/u-s-te...s-andreessen-horowitz-partner-says-1496987481
By Liza Lin Published June 09, 2017 Features Dow Jones Newswires
Chinese technology companies have long had a reputation of being copycats of Western peers, but U.S. companies have recently begun to return the favor, said a partner at prominent venture-capital firm Andreessen Horowitz.
China's internet titans such as Tencent Holdings Ltd. are influencing U.S. startups and majors alike, and many Chinese models are being replicated in the U.S., said Connie Chan, a partner at the Silicon Valley venture firm whose investments include Airbnb Inc. and Facebook Inc.
LimeBike, a San Mateo, Calif., upstart backed by Andreessen Horowitz, adapted China's dockless bike-sharing model for U.S. consumers, Ms. Chan said at The Wall Street Journal's D. Live Asia conference Friday. The company's smartphone-activated bicycles, which use designated public spaces for parking instead of docking stations, were first rolled out by Beijing-based Ofo Inc. and Beijing Mobike Technology Co.
Also, Apple Inc. recently added payment services to its iMessage chat service, taking a page from Tencent's playbook, Ms. Chan said.
"I love this reversal of what 'China copycat' can mean," she said. "It no longer just means a Chinese company copying the States, it can mean a U.S. company copying China."
David Su, the founding managing partner at Matrix Partners China, said the next big Chinese technology success story would likely come from companies whose business models leverage micropayments on mobile as well as the software services and security space.
"In the next few years, we will see a lot of innovation on payment on mobile which will drive a lot of consumption and changes in behavior," said Mr. Su, an early investor in Chinese tech giant Baidu Inc. and ride-hailing company Didi Chuxing Technology Co.
Mr. Su said the growth in investments coming from China's three internet majors- Alibaba Group Holding Ltd., Tencent and Baidu--hasn't had an impact on valuations for early-stage venture-capital firms, as the three companies typically take part in later funding rounds, he said.
Still, intense battles often take place there.
"Unfortunately, because of the hyper competition among the big giants, often when one picks a big player, the other side almost compulsively will pick another competitor," Mr. Su said. "It's created almost two blocks of warring camps."
Write to Liza Lin at liza.lin@wsj.com
(END) Dow Jones Newswires
June 09, 2017 02:06 ET (06:06 GMT)
http://www.foxbusiness.com/features...e-peers-andreessen-horowitz-partner-says.html
https://www.wsj.com/articles/u-s-te...s-andreessen-horowitz-partner-says-1496987481
cirr
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5G to drive 6.3-trillion-yuan economic output in China: report
2017-06-14 08:44
Xinhua Editor: Gu Liping
A telecom academy has predicted that 5G technology in China will drive 6.3 trillion yuan (930 billion U.S. dollars) of economic output by 2030.
Beijing's China Academy of Information and Communication Technology said Tuesday in a report that the new generation of mobile networks will help digital industries and reshape the landscape of economic development.
China's digitization drive will be made easier, with more investment into Internet sectors, stimulating data consumption and improving national competitiveness.
By 2030, 5G-related sectors will generate around 2.9 trillion yuan of economic value added and 8 million new jobs.
The world is in a "crucial period" of standards development for 5G and its application, the report said, calling for the government to help build Internet infrastructure and create a better business environment.
China has worked hard in research and development of new networks. The world's largest 5G test field has been built in Huairou District, Beijing, with the participation of industry giants including Ericsson, Huawei and Nokia.
The country's major telecom operators plan to commercialize 5G mobile networks as early as 2020.
http://www.ecns.cn/business/2017/06-14/261349.shtml
2017-06-14 08:44
Xinhua Editor: Gu Liping
A telecom academy has predicted that 5G technology in China will drive 6.3 trillion yuan (930 billion U.S. dollars) of economic output by 2030.
Beijing's China Academy of Information and Communication Technology said Tuesday in a report that the new generation of mobile networks will help digital industries and reshape the landscape of economic development.
China's digitization drive will be made easier, with more investment into Internet sectors, stimulating data consumption and improving national competitiveness.
By 2030, 5G-related sectors will generate around 2.9 trillion yuan of economic value added and 8 million new jobs.
The world is in a "crucial period" of standards development for 5G and its application, the report said, calling for the government to help build Internet infrastructure and create a better business environment.
China has worked hard in research and development of new networks. The world's largest 5G test field has been built in Huairou District, Beijing, with the participation of industry giants including Ericsson, Huawei and Nokia.
The country's major telecom operators plan to commercialize 5G mobile networks as early as 2020.
http://www.ecns.cn/business/2017/06-14/261349.shtml
TaiShang
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Isn't this the same ZTE that has been targeted unfairly on phony national security grounds by the US regulators for fear of losing competition on their home turf?
Looks like the Brussels is too stupid to put their national security in jeopardy.
TaiShang
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5G to drive 6.3t yuan economic output in China: report
Xinhua | Updated: 2017-06-14
BEIJING - A telecom academy has predicted that 5G technology in China will drive 6.3 trillion yuan ($930 billion) of economic output by 2030.
Beijing's China Academy of Information and Communication Technology said Tuesday in a report that the new generation of mobile networks will help digital industries and reshape the landscape of economic development.
China's digitization drive will be made easier, with more investment into internet sectors, stimulating data consumption and improving national competitiveness.
By 2030, 5G-related sectors will generate around 2.9 trillion yuan of economic value added and 8 million new jobs.
The world is in a "crucial period" of standards development for 5G and its application, the report said, calling for the government to help build internet infrastructure and create a better business environment.
China has worked hard in research and development of new networks. The world's largest 5G test field has been built in Huairou district, Beijing, with the participation of industry giants including Ericsson, Huawei and Nokia.
The country's major telecom operators plan to commercialize 5G mobile networks as early as 2020.
Xinhua | Updated: 2017-06-14
BEIJING - A telecom academy has predicted that 5G technology in China will drive 6.3 trillion yuan ($930 billion) of economic output by 2030.
Beijing's China Academy of Information and Communication Technology said Tuesday in a report that the new generation of mobile networks will help digital industries and reshape the landscape of economic development.
China's digitization drive will be made easier, with more investment into internet sectors, stimulating data consumption and improving national competitiveness.
By 2030, 5G-related sectors will generate around 2.9 trillion yuan of economic value added and 8 million new jobs.
The world is in a "crucial period" of standards development for 5G and its application, the report said, calling for the government to help build internet infrastructure and create a better business environment.
China has worked hard in research and development of new networks. The world's largest 5G test field has been built in Huairou district, Beijing, with the participation of industry giants including Ericsson, Huawei and Nokia.
The country's major telecom operators plan to commercialize 5G mobile networks as early as 2020.
AndrewJin
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A huge boost for Chinese economy!
TaiShang
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Tencent's mobile game King of Glory takes the crown
By Guo Rong | chinadaily.com.cn | Updated: 2017-06-16
Players take part in King of Glory mobile game competition in Shaoxing, East China's Zhejiang province, April 29, 2017. [Photo/VCG]
Tencent's hit game King of Glory defeated all other mobile games in the world to take the No 1 spot in income generation, according to a report released by APP Annie, a US-based analysis company.
Lu Han. [Photo/VCG]
Although there are some shortcomings in the study, such as not including the Android platform in the report, the game topped the income list thanks to its huge domestic market and its overseas version.
Tencent, NetEase, China Mobile Games and Entertainment and Longtu Game dominated the top 10 list of global iOS publishers, accounting for 40 percent of global revenue.
King of Glory is a multiplayer online battle arena and the game launched in beta version for iOS and Android platforms on Nov 26, 2015.
The first-quarter revenue of the game reached 12 billion yuan ($1.76 billion), and a hero skin of Zhao Yun, a military general who lived in the Three Kingdoms (220-280), sold for 150 million yuan ($22 million) in one day, a Tencent insider said.
The game has 200 million registered users, with 50 million daily active users, according to data released by Tencent.
Popular singer and actor Lu Han was invited as the king ambassador of the game in May. A Sina Weibo about King of Glory forwarded by him was liked by 1.66 million fans.
"King of Glory went wild because it features many similarities to League of Legends, which has a deep fan following, and also due to the powerful promotion carried out by Tencent," said Tang Xin, chief research officer of mobile data provider Jiguang.
"This socially supercharged game is easy to go viral," Tang added.
http://www.chinadaily.com.cn/world/2017-06/16/content_29774382.htm
By Guo Rong | chinadaily.com.cn | Updated: 2017-06-16
Players take part in King of Glory mobile game competition in Shaoxing, East China's Zhejiang province, April 29, 2017. [Photo/VCG]
Tencent's hit game King of Glory defeated all other mobile games in the world to take the No 1 spot in income generation, according to a report released by APP Annie, a US-based analysis company.
Lu Han. [Photo/VCG]
Although there are some shortcomings in the study, such as not including the Android platform in the report, the game topped the income list thanks to its huge domestic market and its overseas version.
Tencent, NetEase, China Mobile Games and Entertainment and Longtu Game dominated the top 10 list of global iOS publishers, accounting for 40 percent of global revenue.
King of Glory is a multiplayer online battle arena and the game launched in beta version for iOS and Android platforms on Nov 26, 2015.
The first-quarter revenue of the game reached 12 billion yuan ($1.76 billion), and a hero skin of Zhao Yun, a military general who lived in the Three Kingdoms (220-280), sold for 150 million yuan ($22 million) in one day, a Tencent insider said.
The game has 200 million registered users, with 50 million daily active users, according to data released by Tencent.
Popular singer and actor Lu Han was invited as the king ambassador of the game in May. A Sina Weibo about King of Glory forwarded by him was liked by 1.66 million fans.
"King of Glory went wild because it features many similarities to League of Legends, which has a deep fan following, and also due to the powerful promotion carried out by Tencent," said Tang Xin, chief research officer of mobile data provider Jiguang.
"This socially supercharged game is easy to go viral," Tang added.
http://www.chinadaily.com.cn/world/2017-06/16/content_29774382.htm
cirr
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Report forecasts major gains from 5G tech
2017-06-17 10:17
China Daily Editor: Li Yan
As China moves to the forefront of fifth-generation or 5G mobile communication technology, 6.3 trillion yuan ($925 billion) of economic output and 8 million jobs will be created by 2030, a telecom academy said.
The China Academy of Information and Communications Technology said in a report that 5G will accelerate digitalization and promote the rapid growth of telecom, equipment manufacturing and information services.
The report also said at the initial stage of commercialization of 5G mobile networks, telecom carriers will carry out large-scale network construction. Revenue from the investment on network equipment will become the major source of economic output related to 5G.
China and the rest of the world are going through a crucial period of development of 5G standards and applications, the report said.
"The report underestimates the impact of 5G on social economy. It isn't yet more than five years since 4G was launched, but it has had a huge influence in boosting the development and popularization of mobile payments. I expect 5G will bring greater economic benefits and generate more new jobs," said Xiang Ligang, a telecom expert and CEO of cctime.com, a telecom industry website.
The country has attached great importance to 5G in its 13th Five-Year Plan (2016-20), with the aim of commercializing it by 2020.
In March, the Ministry of Industry and Information Technology announced the country had established the world's largest 5G test field in the race to standardize the technology.
China Mobile Communications Corp, China United Network Communications Group and China Telecom Corp, the country's major telecom operators, have already accelerated their efforts to develop 5G technology, with their total investment in 5G infrastructure forecast to reach up to $180 billion over a seven-year period.
That would dwarf their estimated $117 billion investment in 4G from 2013 to 2020, an analyst at Jefferies, an investment bank, was quoted as saying by South China Morning Post.
Xiang said the commercialization of 5G not only involves network construction by telecom carriers but inputs on terminal devices such as refrigerators, air conditioners and automobiles. So 5G network inputs would be more than estimated.
http://www.ecns.cn/business/2017/06-17/261851.shtml
2017-06-17 10:17
China Daily Editor: Li Yan
As China moves to the forefront of fifth-generation or 5G mobile communication technology, 6.3 trillion yuan ($925 billion) of economic output and 8 million jobs will be created by 2030, a telecom academy said.
The China Academy of Information and Communications Technology said in a report that 5G will accelerate digitalization and promote the rapid growth of telecom, equipment manufacturing and information services.
The report also said at the initial stage of commercialization of 5G mobile networks, telecom carriers will carry out large-scale network construction. Revenue from the investment on network equipment will become the major source of economic output related to 5G.
China and the rest of the world are going through a crucial period of development of 5G standards and applications, the report said.
"The report underestimates the impact of 5G on social economy. It isn't yet more than five years since 4G was launched, but it has had a huge influence in boosting the development and popularization of mobile payments. I expect 5G will bring greater economic benefits and generate more new jobs," said Xiang Ligang, a telecom expert and CEO of cctime.com, a telecom industry website.
The country has attached great importance to 5G in its 13th Five-Year Plan (2016-20), with the aim of commercializing it by 2020.
In March, the Ministry of Industry and Information Technology announced the country had established the world's largest 5G test field in the race to standardize the technology.
China Mobile Communications Corp, China United Network Communications Group and China Telecom Corp, the country's major telecom operators, have already accelerated their efforts to develop 5G technology, with their total investment in 5G infrastructure forecast to reach up to $180 billion over a seven-year period.
That would dwarf their estimated $117 billion investment in 4G from 2013 to 2020, an analyst at Jefferies, an investment bank, was quoted as saying by South China Morning Post.
Xiang said the commercialization of 5G not only involves network construction by telecom carriers but inputs on terminal devices such as refrigerators, air conditioners and automobiles. So 5G network inputs would be more than estimated.
http://www.ecns.cn/business/2017/06-17/261851.shtml
AndrewJin
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Trillions of yuan!
cirr
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INDICS(INDustrial Intelligent Cloud System) 
Cloud to aid aerospace manufacturing
2017-06-17 10:52
China Daily Editor: Li Yan
China Aerospace Science and Industry Corp, one of the nation's major space contractors, is employing its industrial internet expertise to boost intelligent manufacturing in the country.
The State-owned defense giant has been striving to promote its CASICloud website over the past two years. Launched in June 2015, the website was designed to enable users to benefit from the industrial internet, according to a news release published by CASIC at the 2017 Industrial Internet Summit on Thursday.
The term "industrial internet" was introduced by the United States' industrial giant General Electric in 2012. It refers to a new type of manufacturing automation that combines advanced machines with internet-connected sensors and big-data analytics. It is designed to boost intelligent manufacturing, which is characterized by a high level of productivity, efficiency and reliability of industrial production, experts explained.
CASIC is the world's second operator of an industrial internet platform following General Electric, which opened its Predix platform in 2014. Germany's Siemens opened its MindSphere in 2016, becoming the third member of the elite club.
CASIC has abundant knowledge and experience in regard to industrial manufacturing and information technology, development and production of space equipment, and such knowledge and experience are essential to intelligent manufacturing, said Shu Jinlong, chairman of CASICloud Technology Co, a subsidiary of CASIC that is responsible for operating the Chinese platform.
"We thought of adopting the industrial internet several years ago as CASIC was seeking to better coordinate its research and production complexes in the manufacturing process of space products," Shu said. "With the introduction of our internal industrial internet, we have improved the efficiency and productivity of institutes and factories under CASIC. So we hope that the industrial internet could help more businesses."
So far, more than 800,000 enterprises, including 3,000 foreign companies, are users of CASICloud, with more than 90 percent being small, privately owned ones, according to CASIC. Through the website, users can publish ideas and invite tenders for production, monitor and control their factories' machines in real time, collect and analyze data gathered in the manufacturing process as well as optimize their operation software.
CASICloud also assists users in finding partners and commercial opportunities through cloud computing-based matching, Shu said.
Gao Hongwei, chairman of CASIC, said the company hopes CASICloud could enable its users to be better connected and to take advantage of the industrial internet.
http://www.ecns.cn/2017/06-17/261854.shtml
Cloud to aid aerospace manufacturing
2017-06-17 10:52
China Daily Editor: Li Yan
China Aerospace Science and Industry Corp, one of the nation's major space contractors, is employing its industrial internet expertise to boost intelligent manufacturing in the country.
The State-owned defense giant has been striving to promote its CASICloud website over the past two years. Launched in June 2015, the website was designed to enable users to benefit from the industrial internet, according to a news release published by CASIC at the 2017 Industrial Internet Summit on Thursday.
The term "industrial internet" was introduced by the United States' industrial giant General Electric in 2012. It refers to a new type of manufacturing automation that combines advanced machines with internet-connected sensors and big-data analytics. It is designed to boost intelligent manufacturing, which is characterized by a high level of productivity, efficiency and reliability of industrial production, experts explained.
CASIC is the world's second operator of an industrial internet platform following General Electric, which opened its Predix platform in 2014. Germany's Siemens opened its MindSphere in 2016, becoming the third member of the elite club.
CASIC has abundant knowledge and experience in regard to industrial manufacturing and information technology, development and production of space equipment, and such knowledge and experience are essential to intelligent manufacturing, said Shu Jinlong, chairman of CASICloud Technology Co, a subsidiary of CASIC that is responsible for operating the Chinese platform.
"We thought of adopting the industrial internet several years ago as CASIC was seeking to better coordinate its research and production complexes in the manufacturing process of space products," Shu said. "With the introduction of our internal industrial internet, we have improved the efficiency and productivity of institutes and factories under CASIC. So we hope that the industrial internet could help more businesses."
So far, more than 800,000 enterprises, including 3,000 foreign companies, are users of CASICloud, with more than 90 percent being small, privately owned ones, according to CASIC. Through the website, users can publish ideas and invite tenders for production, monitor and control their factories' machines in real time, collect and analyze data gathered in the manufacturing process as well as optimize their operation software.
CASICloud also assists users in finding partners and commercial opportunities through cloud computing-based matching, Shu said.
Gao Hongwei, chairman of CASIC, said the company hopes CASICloud could enable its users to be better connected and to take advantage of the industrial internet.
http://www.ecns.cn/2017/06-17/261854.shtml
cirr
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A glimpse of China's mid-year online shopping spree
2017-06-19 08:29
Xinhua Editor: Mo Hong'e
Chinese Internet users splurged on the mid-year online shopping spree on Sunday.
While November 11, or Single's Day, is the largest online shopping festival in China created by Alibaba's Tmall, June 18 ("6/18") shopping festival was launched by JD.com, Tmall's arch rival.
Other companies soon jumped on the bandwagon and began to offer special offers to get more customers.
On June 18, JD.com reported its first hour sales more than doubled from the same period last year. Tmall pocketed over 100 million yuan (14.71 million U.S. dollars) seven minutes after its opening. Another Chinese e-commerce heavyweight Suning.com saw its orders more than quadrupled from a year ago.
According to iResearch, a Beijing-based consultancy, while demand is high, Chinese consumers tend to be rational by caring more about quality instead of price.
The top five items on the shopping list of JD.com consumers are cell phone, air conditioner, flat panel computer, laptop and baby formula. Consumers are more selective in quality.
Kaola.com, a cross-border e-commerce platform, found consumers are becoming more critical in selecting big names, but were less interested in popular best-sellers.
Cao Lei, director of China E-Commerce Research Center, said with consumer upgrade going on in China, e-commerce market has shifted from "price war" to responding to the demands of the affluent and sophisticated middle class.
Putting all those purchases into consumers' hands is a huge task.
To make fresh food reach consumers in the shortest period of time possible, Tmall's cold chain service is operating around the clock. Its daily delivery of fresh food totals near 500 tonnes.
By using smart warehouse, it takes only three minutes to move a parcel out of the depot through automated assembly lines.
E-commerce platforms are using drones to make speedy deliveries. At this year's "6/18" shopping festival, Suning.com is using drones to get packages directly to shoppers in rural villages.
JD.com uses augmented reality and virtual reality to offer interactive shopping experiences and also employs robots, driverless cars and drones for deliveries.
Xu Lei, JD Group's chief marketing officer, said retail sales will be driven by changing consumer habits and technology upgrades.
The mega-spending spree came as China's economy is slowing down as the world's second largest economy is transitioning from dependence on export and investment to consumer spending.
Growth of the property development investment slowed in May for the first time since November, but retail sales grew 10.7 percent year on year in May boosted by strong online sales, signaling continued consumption strength.
China is the world's largest online shopping market, with about 467 million online consumers spending about 26.1 trillion yuan last year, up 19.8 percent year on year.
http://www.ecns.cn/business/2017/06-19/261914.shtml
2017-06-19 08:29
Xinhua Editor: Mo Hong'e
Chinese Internet users splurged on the mid-year online shopping spree on Sunday.
While November 11, or Single's Day, is the largest online shopping festival in China created by Alibaba's Tmall, June 18 ("6/18") shopping festival was launched by JD.com, Tmall's arch rival.
Other companies soon jumped on the bandwagon and began to offer special offers to get more customers.
On June 18, JD.com reported its first hour sales more than doubled from the same period last year. Tmall pocketed over 100 million yuan (14.71 million U.S. dollars) seven minutes after its opening. Another Chinese e-commerce heavyweight Suning.com saw its orders more than quadrupled from a year ago.
According to iResearch, a Beijing-based consultancy, while demand is high, Chinese consumers tend to be rational by caring more about quality instead of price.
The top five items on the shopping list of JD.com consumers are cell phone, air conditioner, flat panel computer, laptop and baby formula. Consumers are more selective in quality.
Kaola.com, a cross-border e-commerce platform, found consumers are becoming more critical in selecting big names, but were less interested in popular best-sellers.
Cao Lei, director of China E-Commerce Research Center, said with consumer upgrade going on in China, e-commerce market has shifted from "price war" to responding to the demands of the affluent and sophisticated middle class.
Putting all those purchases into consumers' hands is a huge task.
To make fresh food reach consumers in the shortest period of time possible, Tmall's cold chain service is operating around the clock. Its daily delivery of fresh food totals near 500 tonnes.
By using smart warehouse, it takes only three minutes to move a parcel out of the depot through automated assembly lines.
E-commerce platforms are using drones to make speedy deliveries. At this year's "6/18" shopping festival, Suning.com is using drones to get packages directly to shoppers in rural villages.
JD.com uses augmented reality and virtual reality to offer interactive shopping experiences and also employs robots, driverless cars and drones for deliveries.
Xu Lei, JD Group's chief marketing officer, said retail sales will be driven by changing consumer habits and technology upgrades.
The mega-spending spree came as China's economy is slowing down as the world's second largest economy is transitioning from dependence on export and investment to consumer spending.
Growth of the property development investment slowed in May for the first time since November, but retail sales grew 10.7 percent year on year in May boosted by strong online sales, signaling continued consumption strength.
China is the world's largest online shopping market, with about 467 million online consumers spending about 26.1 trillion yuan last year, up 19.8 percent year on year.
http://www.ecns.cn/business/2017/06-19/261914.shtml
JSCh
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First robot couriers hit the road
By Du Xiaofei (People's Daily Online) 13:05, June 19, 2017
robot courier (People's Daily)
On June 18, students at six Chinese universities received items they had purchased from JD.com from robot couriers.
Still a pilot project, the robots were dispatched to just half a dozen universities, including Renmin University, Tsinghua University and Zhejiang University. At JD.com delivery stations, items were first divided among the robots according to size. The smart robots were then able to plan their routes with the help of an automatic navigation system, which also assists them in avoiding obstacles en route.
They follow preset routes and send messages to the recipients when they are 100 meters away from their destinations. The robots can move as quickly as electric bikes, though they are set to walk at the speed of pedestrians when on campus. They also slow down in advance of speed bumps.
item delivered by robot courier (People's Daily)
University students will be the first group to benefit from the new technology. Considering the openness of college students when it comes to hi-tech products, JD.com will highlight its 1,300 delivery stations at universities as the promotional campaign for robot couriers kicks off.
By Du Xiaofei (People's Daily Online) 13:05, June 19, 2017
robot courier (People's Daily)
On June 18, students at six Chinese universities received items they had purchased from JD.com from robot couriers.
Still a pilot project, the robots were dispatched to just half a dozen universities, including Renmin University, Tsinghua University and Zhejiang University. At JD.com delivery stations, items were first divided among the robots according to size. The smart robots were then able to plan their routes with the help of an automatic navigation system, which also assists them in avoiding obstacles en route.
They follow preset routes and send messages to the recipients when they are 100 meters away from their destinations. The robots can move as quickly as electric bikes, though they are set to walk at the speed of pedestrians when on campus. They also slow down in advance of speed bumps.
item delivered by robot courier (People's Daily)
University students will be the first group to benefit from the new technology. Considering the openness of college students when it comes to hi-tech products, JD.com will highlight its 1,300 delivery stations at universities as the promotional campaign for robot couriers kicks off.
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China set to take 5G lead
2017-06-20 09:12
Global Times Editor: Li Yan
Early start and 4G experience helping: experts
China is likely to take the global lead in developing the fifth generation of cellular network (5G) technology thanks to the head start gained by the country's three telecom operators and homegrown equipment suppliers, as well as the experience accumulated through building 4G networks, experts said on Monday.
China's "big three" carriers - China Mobile, China Unicom and China Telecom - have already sketched out plans for building 5G infrastructure and conducting 5G technology tests.
The high-speed 5G networks are expected to provide wireless Internet speeds that are 100 times faster than the current 4G networks, and with lower power consumption.
"China Telecom has established a united open laboratory for 5G testing, and has already started field tests in Beijing, Shanghai and Guangzhou," a spokesperson for China Telecom who whished to remain anonymous, told the Global Times on Monday, adding that the mobile operator applied for 59 5G-related patents last year.
On May 17, China Telecom announced that it had built the world's first and largest Narrow Band Internet of Things (NB-IoT) network, signaling a "breakthrough" in the development of 5G technology, the spokesperson said. NB-IoT is generally seen as paving the way for the massive IoT capacities that are vital for 5G technology.
In a similar move, China Mobile announced that it will conduct 5G field tests and start to build 5G networks in China's major cities from 2017. China Unicom also said it will start some preparation work for 5G technology in the second half of 2017. Both carriers intend to roll out commercial 5G technology by 2020, according to media reports.
It is estimated that the three carriers will spend a combined $180 billion on 5G infrastructure over the coming seven years, the South China Morning Post reported on June 12, citing Jefferies equity analyst Edison Lee.
That level of investment would represent about a 48 percent increase in total spending by the three companies from their combined outlay on 4G, said the report. It would also eclipse Japan's spending on 5G, which was forecast to hit $46 billion over the same period.
"5G networks are capital-intensive because the technology needs greater frequency reuse and more base stations," Xiang Ligang, chief executive of domestic telecom industry portal cctime.com, told the Global Times on Monday, noting that huge investment probably promises faster progress.
Besides, telecom operators can also benefit from their rich experience in building 4G networks, experts said.
China is now home to the world's largest 4G network with users touching 770 million by the end of 2016, according to the Ministry of Industry and Information Technology (MIIT).
Meanwhile, domestic telecommunication manufacturers such as Huawei and ZTE, whose innovative capacity is comparable to global tech giants like Ericsson, are also investing heavily in research related to 5G technology, Fu Liang, a Beijing-based IT expert, told the Global Times on Monday.
Setting 5G standards
Currently, industry discussions are focused on 5G technology standards. The International Telecommunication Union, which is part of the United Nations, has set a goal for 5G network deployment to begin in 2020, after standards for the technology are agreed on. The concept is known as IMT-2020.
Fu said that as an early starter in researching the technology, China is likely to have a bigger voice in formulating international 5G standards.
"In the past, China was merely following the technology framework designed by foreign competitors," Fu said.
"In terms of 5G, China has participated from the very beginning when the market demand surfaced, and then to the technology concept and application."
The country established the IMT-2020 5G Promotion Group in 2013 to coordinate efforts by mobile service operators, manufacturers and research institutes. And the China-developed 5G standard is scheduled to be released in 2018 and begin commercialized deployment in 2019, the Xinhua News Agency reported.
In March, the MIIT announced that China has established the world's largest 5G test field in the race to standardize the mobile communication technology. On June 6, international mobile communication standard organization the 3rd Generation Partnership Project confirmed that Service-based Architectures, which were proposed by China Mobile, will be used as the unified infrastructure for 5G core networks.
http://www.ecns.cn/business/2017/06-20/262094.shtml
2017-06-20 09:12
Global Times Editor: Li Yan
Early start and 4G experience helping: experts
China is likely to take the global lead in developing the fifth generation of cellular network (5G) technology thanks to the head start gained by the country's three telecom operators and homegrown equipment suppliers, as well as the experience accumulated through building 4G networks, experts said on Monday.
China's "big three" carriers - China Mobile, China Unicom and China Telecom - have already sketched out plans for building 5G infrastructure and conducting 5G technology tests.
The high-speed 5G networks are expected to provide wireless Internet speeds that are 100 times faster than the current 4G networks, and with lower power consumption.
"China Telecom has established a united open laboratory for 5G testing, and has already started field tests in Beijing, Shanghai and Guangzhou," a spokesperson for China Telecom who whished to remain anonymous, told the Global Times on Monday, adding that the mobile operator applied for 59 5G-related patents last year.
On May 17, China Telecom announced that it had built the world's first and largest Narrow Band Internet of Things (NB-IoT) network, signaling a "breakthrough" in the development of 5G technology, the spokesperson said. NB-IoT is generally seen as paving the way for the massive IoT capacities that are vital for 5G technology.
In a similar move, China Mobile announced that it will conduct 5G field tests and start to build 5G networks in China's major cities from 2017. China Unicom also said it will start some preparation work for 5G technology in the second half of 2017. Both carriers intend to roll out commercial 5G technology by 2020, according to media reports.
It is estimated that the three carriers will spend a combined $180 billion on 5G infrastructure over the coming seven years, the South China Morning Post reported on June 12, citing Jefferies equity analyst Edison Lee.
That level of investment would represent about a 48 percent increase in total spending by the three companies from their combined outlay on 4G, said the report. It would also eclipse Japan's spending on 5G, which was forecast to hit $46 billion over the same period.
"5G networks are capital-intensive because the technology needs greater frequency reuse and more base stations," Xiang Ligang, chief executive of domestic telecom industry portal cctime.com, told the Global Times on Monday, noting that huge investment probably promises faster progress.
Besides, telecom operators can also benefit from their rich experience in building 4G networks, experts said.
China is now home to the world's largest 4G network with users touching 770 million by the end of 2016, according to the Ministry of Industry and Information Technology (MIIT).
Meanwhile, domestic telecommunication manufacturers such as Huawei and ZTE, whose innovative capacity is comparable to global tech giants like Ericsson, are also investing heavily in research related to 5G technology, Fu Liang, a Beijing-based IT expert, told the Global Times on Monday.
Setting 5G standards
Currently, industry discussions are focused on 5G technology standards. The International Telecommunication Union, which is part of the United Nations, has set a goal for 5G network deployment to begin in 2020, after standards for the technology are agreed on. The concept is known as IMT-2020.
Fu said that as an early starter in researching the technology, China is likely to have a bigger voice in formulating international 5G standards.
"In the past, China was merely following the technology framework designed by foreign competitors," Fu said.
"In terms of 5G, China has participated from the very beginning when the market demand surfaced, and then to the technology concept and application."
The country established the IMT-2020 5G Promotion Group in 2013 to coordinate efforts by mobile service operators, manufacturers and research institutes. And the China-developed 5G standard is scheduled to be released in 2018 and begin commercialized deployment in 2019, the Xinhua News Agency reported.
In March, the MIIT announced that China has established the world's largest 5G test field in the race to standardize the mobile communication technology. On June 6, international mobile communication standard organization the 3rd Generation Partnership Project confirmed that Service-based Architectures, which were proposed by China Mobile, will be used as the unified infrastructure for 5G core networks.
http://www.ecns.cn/business/2017/06-20/262094.shtml
Shotgunner51
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AU experts undergo training in China under Huawei-sponsored program
Xinhua | Updated: 2017-05-27 13:15
ADDIS ABABA - Chinese tech giant Huawei on Friday sent the 3rd batch of 10 technical experts of the African Union (AU) to China for a two-week training on information and communication technology (ICT) sector.
Seeds for the Future Mexico 2016
Seeds for the Future 2016
Huawei and AU signed a Memorandum of Understanding (MoU) in January 2015 for cooperation between the two sides in the area of ICT and capacity building for the African continent.
In the implementation of the MoU, under the initiative dubbed "Seeds for the Future", Huawei has been organizing training and experience sharing visits for African experts in China, aiming also at familiarizing the experts with latest technologies in the ICT area.
The participants in the 3rd batch took part a pre-departure orientation and guidance by Huawei, AU, and the Chinese Mission to AU on Friday at the AU Headquarters in Ethiopia's capital Addis Ababa.
In his remarks on the occasion, Kwesi Quartey, Deputy Chairperson of the AU Commission, hailed China's rise and development as "very, very impressive, incredible," which he said is best example for Africa.
The Deputy Chairperson, who recently visited China and attended the Belt and Road Forum, noted that China has dynamic, flexible leadership that shows Africa the way through inclusive education as foundation and its application of science and technology.
Quartey commended Huawei for its support by providing the training for African ICT experts on the topics very relevant for Africa.
He also urged the participants to use the opportunity to acquire the knowledge to effectively implement the African projects.
"Education, training, science and technology is key for Africa especially as we focus on the theme of harnessing the demographic dividend of the youth through investments. The skills and know-how transfer is key," he stated.
Cheng Ning, Counselor of Cooperation and Exchange at the Chinese Mission to AU, said that the training helps Africa's effort to develop capacity in the ICT sector.
Stating that the training is organized in collaboration and partnership with Huawei, Chen said it is in line with China's commitment to supporting Africa to realize sustainable development under the 10 major cooperation plans between China and Africa.
Besides Huawei's program, he said that China has been providing capacity building support to Africa, through various short and long-term training programs in China.
Stating that China has also been providing support to various social activities in Africa, Chen said China will continue supporting capacity building efforts on the continent.
He called for the participants to explore China during their stay in the country for the training.
Speaking on the occasion, Deputy CEO of Huawei Ethiopia, Adam Ma, reiterated that the training is organized to support AU's effort in the ICT area.
With 18 years of experience within Africa's ICT industry coupled with extensive industry global network, Huawei is well positioned to partner with the African Union and share its experience, noted the Deputy CEO.
Two AU staff members, who have participated in the Huawei's program with previous batches, namely Yagouba Traore and Martha Yetayew shared their experiences during the training.
http://www.chinadaily.com.cn/business/2017-05/27/content_29527526.htm
Xinhua | Updated: 2017-05-27 13:15
ADDIS ABABA - Chinese tech giant Huawei on Friday sent the 3rd batch of 10 technical experts of the African Union (AU) to China for a two-week training on information and communication technology (ICT) sector.
Huawei and AU signed a Memorandum of Understanding (MoU) in January 2015 for cooperation between the two sides in the area of ICT and capacity building for the African continent.
In the implementation of the MoU, under the initiative dubbed "Seeds for the Future", Huawei has been organizing training and experience sharing visits for African experts in China, aiming also at familiarizing the experts with latest technologies in the ICT area.
The participants in the 3rd batch took part a pre-departure orientation and guidance by Huawei, AU, and the Chinese Mission to AU on Friday at the AU Headquarters in Ethiopia's capital Addis Ababa.
In his remarks on the occasion, Kwesi Quartey, Deputy Chairperson of the AU Commission, hailed China's rise and development as "very, very impressive, incredible," which he said is best example for Africa.
The Deputy Chairperson, who recently visited China and attended the Belt and Road Forum, noted that China has dynamic, flexible leadership that shows Africa the way through inclusive education as foundation and its application of science and technology.
Quartey commended Huawei for its support by providing the training for African ICT experts on the topics very relevant for Africa.
He also urged the participants to use the opportunity to acquire the knowledge to effectively implement the African projects.
"Education, training, science and technology is key for Africa especially as we focus on the theme of harnessing the demographic dividend of the youth through investments. The skills and know-how transfer is key," he stated.
Cheng Ning, Counselor of Cooperation and Exchange at the Chinese Mission to AU, said that the training helps Africa's effort to develop capacity in the ICT sector.
Stating that the training is organized in collaboration and partnership with Huawei, Chen said it is in line with China's commitment to supporting Africa to realize sustainable development under the 10 major cooperation plans between China and Africa.
Besides Huawei's program, he said that China has been providing capacity building support to Africa, through various short and long-term training programs in China.
Stating that China has also been providing support to various social activities in Africa, Chen said China will continue supporting capacity building efforts on the continent.
He called for the participants to explore China during their stay in the country for the training.
Speaking on the occasion, Deputy CEO of Huawei Ethiopia, Adam Ma, reiterated that the training is organized to support AU's effort in the ICT area.
With 18 years of experience within Africa's ICT industry coupled with extensive industry global network, Huawei is well positioned to partner with the African Union and share its experience, noted the Deputy CEO.
Two AU staff members, who have participated in the Huawei's program with previous batches, namely Yagouba Traore and Martha Yetayew shared their experiences during the training.
http://www.chinadaily.com.cn/business/2017-05/27/content_29527526.htm
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