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China is the most populated country in the world and the fourth one in terms of area (6.5% of the global area). It is also the country with the highest number of active mobile lines (1.3 billion) and 1 out of 2 people have permanent access to Internet. In terms of digital ecosystem in China,it is completely different to what we know in the West: WeChat become indispensable in decision making for Chinese customers.
Million inhabitants (July 2015 est.)
GDP growth (2014 est.)
Internet penetration (2014 est.)
Mobile penetration (2014 est.)
Area: 9,596,900 km2
GDP per capita: $12,900 (2014 est.)
Inflation: 2% (2014 est.)
Unemployment: 4.1% (2014 est.)
El dato solo registra a los desempleados urbanos, excluyendo el sector privado y los inmigrantes.
HDI: 0.719 - 91º position (2013)
Clasificación Doing Business 2015: 90 / 189
Top search engines: Baidu 71.35%, 360Search 13.28% & Sogou 12.37% (Oct. 2015)
Top Platforms: WeChat
When we were in Beijing we tried to meet with Xin Zhang, Marketing Director of Megvii. Maybe you have not listened anything about them, but they created a super cool facial recognition technology that you may have used without noticing. We love talking about startups...read more
We were with China Accelerator in Shanghai, the main startup accelerator in China, where we had the opportunity of talking to Todd Embley, its Program Director. A brief introduction about startup accelerators: they… Accelerate. In exchange of a stake in the startup...read more
Zhou Wei is one of those people who have things pretty clear. 41, he studied International Law in Beijing and at the London School of Economics. In 2000 he began working in strategic consulting at the prestigious Roland Berger in China. Before entering in the startup...read more
If we talk about "smart products", cars - along with smart watches - could be widely accepted by the mainstream public. News about the Google car or about the car that already made autonomously the Vigo-Madrid route are examples of this trend. We met Celine Le...read more
To understand the existing ecosystem in China in terms of tech disruption, the first thing to understand is the BAT or, as it was called by the Wall Street Journal, the Kingmakers of China’s Internet. China’s Internet is now divided into three powerful kingdoms:...read more
We are not in the business of building games for 100 days, but building a brand for 100 years When we started 2geeks1city one of the things we wanted was to have the chance of meeting interesting and passionate people. We just finished our first month and we can say...read more
"20 years ago was my first time in China, over the years I have witnessed the rapid economic development of China. It has been very shocking” Eric Schmidt With these words Eric Schmidt began his talk at the TechCrunch Beijing 2015. I have to say that I was not aware...read more
Yesterday we spent the day in the TechCrunch event in Beijing: Discover the Dragon’s Web. Chinese Internet is not very well known in western countries. Most of us have a biased or partial perception and (I think) we are not really conscious of the sofistication of...read more
We have been in China two weeks and we have to say it is more than we expected. Bigger, more modern, more developed and… More different. As some of you know (and we will explain deeper in future posts) Internet in China is a (almost) paralell world: here you can’t use...read more