Tag Archive: COVID-19

Will Ping An Health Care Ecosystem Solve the Difficulty of Medical Treatment in China

Before I dived into Ping An health care ecosystem, I will share my experience of medical treatment in hospital recently. Last week, I have my throat stuck by fish bone, and went to hospital immediately. After registered, I went to Otolaryngology, the doctor give the suggestion to have X ray for my throat. They are at different places, and the doctor can not give the exact answer when got the X ray result.  After all the process, I have spent 3…
Read more

China Development in Dec 2020: FinTech, 5G, Online Leisure, COVID-19

FinTech Big Tech or big technology companies are already dominating the micropayment market in the country and enjoy an undue monopoly in terms of data resources. There are also chances that some of their financial businesses may trigger new types of risks”, said Guo Shuqing, Party secretary of the People’s Bank of China, the central bank, in a speech via video link to the Singapore FinTech Festival. “A minority group of technology companies have dominated the micropayment market, which relates…
Read more

China Development in Nov 2020: AI industry, Electric Bicycles, Online Game, Double Eleven

AI Statistics show that, as of the middle of October, China had 1,499 smart robot companies, 2,707 drone companies, 6,722 face recognition companies, 2,855 smart voice companies, and 6,143 smart driving companies. About 783,000 industrial robots are currently in operation in Chinese factories and the outbreak of the COVID-19 pandemic sped up the development of AI in the medical field, the report said. 2. Electric Bicycle China’s output of electric bicycles reached 25.48 million during the first 10 months of…
Read more

Analysis of Xiaomi 2020 Interim Report: Investment Creates Good Yields

In 2020, COVID-19 pandemic has put great challenges to businesses, especially overseas market. From another perspective, COVID has provide great opportunity to identify which company has resilient business, and beyond expectation even in difficult times.  Actually, the business performance of Xiaomi is beyond expectations in the first half year of 2020. As we can see from the financial result, the overall revenue is growing modestly by 7.9%, and the profit is growing fast by 29.3. If we are clearly aware of lockdown…
Read more

China Development in Oct 2020: Integrated Circuit, Medical Device, Rich Individuals, Tourism

Integrated Circuit Industry An integrated circuit industrial base was officially inaugurated in Shanghai in Oct 2020, with 14 projects worth 22.5 billion yuan (about $3.36 billion) signed agreements to be located in the base. The projects cover the whole production chain of the integrated circuit industry, including chip manufacturing and design, as well as equipment and key materials manufacturing. The base, dubbed “oriental chips harbor,” is located in the Lingang Area, a new section of the Shanghai Pilot Free Trade…
Read more

China Development in Sep 2020: Internet, Health Insurance, CIIF, Taobao Villages, Electricity

Internet “The internet industry has shown its great development vitality during the outbreak, and is becoming a key force for our country to face new challenges and build a new economy,” Wu Tienan, the center’s deputy director of the center, told a news conference in Beijing on Tuesday at which it released a report on internet developments. The report said there were 940 million internet users in China by the end of June, with about 381 million using it for…
Read more