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International Focus: China


Tech Startups Shine in China

Amid a pressured stock market, tech startups in China have remained resilient, offering a safe harbor for investors. Among these are technology startups like the mobile transportation platform Didi Kuaidi, which saw its valuation rise 20 percent in March. According to research firm CB Insights, investments in Chinese startups more than doubled in 2015 to $32.2 billion.

Mobile Payment Expands in China

payment ring, Samsung launched the Samsung Pay mobile payment platform in China earlier this year, alongside Apple Pay. During a recent event Apple’s Greg Joswiak said, “We recently rolled Apple Pay out in China [with] more than three million cards added in the first 72 hours.” Shortly after Apple launched Apple Pay with the support of 19 Chinese banks and China UnionPay, Samsung launched its NFC-based system, allowing Chinese consumers to pay for purchases with the swipe of their smartphone. Both Apple Pay and Samsung Pay are supported by more than five million China UnionPay QuickPass terminals.

China Looks to Big Data to Predict Crime

China plans to build a big data platform to predict crime before it occurs, not unlike the system featured in the 2002 film Minority Report. By harnessing its vast surveillance data, China hopes to build a system to detect deviations in individual citizens’ behavior that might indicate suspicious activity. According to Bloomberg, China has selected state-owned China Electronics Technology Group to build the software platform. China has already employed its collection of data to create the Situation Aware Public Security Evaluation (SAPE) platform, capable of predicting security events. Over the past five years, China’s defense budget has been surpassed by spending on domestic security.

Zuckerberg Meets with Senior Chinese Official

Facebook CEO Mark Zuckerberg met with senior Chinese official Liu Yunshan in March while in Beijing for the government-sponsored China Development Forum. Liu is a member of the Communist Party's Politburo Standing Committee. According to China’s state news agency Xinhua, Liu is quoted as telling Zuckerberg that China “hopes [Facebook] can strengthen exchanges, share experiences and improve mutual understanding with China’s Internet companies.”

Gogo Sign in-Flight Connectivity Deal in China

Gogo, a worldwide leader of in-flight connectivity and entertainment solutions, has partnered with Shareco Technologies to provide in-flight connectivity and entertainment on Beijing-based Shareco’s aircraft partners, including Hainan Airlines and Beijing Capital Airlines. The partnership aims to install in-flight connectivity and wireless entertainment solutions on 50 aircraft in the next two years.

3D Printing Assists in Chinese Infant Heart Surgery

For the first time in China’s northeastern Jilin Province, doctors made use of 3D printing to guide heart surgery on a baby suffering from a congenital heart defect (CHD). The infant was born with mispositioned pulmonary veins and an atrial defect, causing blood to flow between the chambers of the heart. Using a 3D-printed replica of the nine-month- old’s heart, doctors at the pediatric cardiac surgery center at the People’s Hospital of Jilin planned the successful surgery. China’s first successful 3D printing-assisted CHD heart surgery occurred in 2015.

Mark Chisholm, Manager, Publications, Consumer Technology Association (CTA)™

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