Opportunities in the Largest and Fastest Information Consumption Boom
Author: Winston Ma
Pubpsher: John Wiley & Sons
Category: Business & Economics
"The book will focus on three major areas of the digital economy in China that are, by nature, inter-linked: (a) The boom of e-commerce on consumer goods. Alibaba's online shopping platforms Taobao and Tmall have nearly twice as many active buyers than the U.S. site eBay. It has already disrupted new shopping malls in China, but itself is also being disrupted by the mobile culture and social network. The mobile disruption in China is more thorough than the developed world: immature industries such as retail and logistics will leapfrog straight from the early industrial age to the internet one. (b) The beginning of the multi-screen age and mobile Internet for China consumers. The mobile consumption is growing so rapidly that the shopping malls, a new development in China by itself, have already been disrupted by online-to-offline (O2O) retail consumption. What's more, the growth and positive spillovers go beyond consumer goods sector to services, entertainment, media, finance and even traditional industry sectors. (c) Mobile internet is more about lifestyle and entertainment for China's online community (which tends to be younger than that in the US). The Chinese youth are pouring money into online games, video and music downloading, and virtual goods/ online personas in imaginary worlds. To meet the quest for high quality contents, the tech giants are not only betting on set-top box to convert TV and theatre viewers to online but also creating their own contents; meanwhile, the China market is changing the DNA of Hollywood's blockbuster movies"--
From open source cultures, piracy, to amateur media and on-demand labour, informal media activities are vibrant in circuits of cultural production, distribution, consumption and labour utilisation in China. They come in different sizes and shapes, involve multiple actors, often with transnational ties and tensions, and challenge polemic views. Why do these informal activities occur, and how do they evolve? What cultural and social consequences do they have? In what ways do they pose challenges to governance and provoke us to rethink the notion? This book engages with diverse forms of the informal and their equally diverse interactions with the formal in the broader context of the rise of digital platforms, the contingent and complicated state–market interactions, and evolving roles of users. The book provides a vivid and original account of how digital platforms navigate formal and informal boundaries at both operational and discursive levels; how enthusiastic fans, aspiring amateurs, 'ordinary' users and necessity-driven labourers become integral to the formal/informal interface; and how state and non-state actors intervene in governing the formal/informal dynamics. In doing so, the book opens up new insights into the ongoing digital transformation in China.
Release on 2001 | by Carl J. Dahlman,Jean-Eric Aubert
Seizing the 21st Century
Author: Carl J. Dahlman,Jean-Eric Aubert
Pubpsher: World Bank Publications
Category: Political Science
Annotation Argues that, in order to address the growing economic, social, and political pressures of the 21st Century, China will have to build solid foundations for a knowledge-based economy by updating the economic and institutional regime, upgrading education and learning, and building information infrastructure.
China is currently the front-runner on the global crowdfunding market, even though this form of financing originated in the USA. Crowdfunding in China, however, differs significantly from its counterpart in the West. This book reveals that Chinese crowdfunding is a product of the country’s dynamic internet sector, which is based on mobile internet, e-commerce, and online/mobile payments, together with significant government support. The author presents a comprehensive theoretical, empirical and field-based work on crowdfunding in China. Adopting a new institutional economics approach, it maps and deciphers the origins and paths of informal finance that have led to internet finance and the rise of crowdfunding platforms. In addition, three case studies are analyzed and their implications for crowdfunding stakeholders in China are discussed.
The Social, Economic and Political Transformation of Chinese Society
Author: Doug Guthrie
Pubpsher: Taylor & Francis
Category: Social Science
China and Globalization is a compact, accessible, introductory text on contemporary China and the massive changes it is presently undergoing. It focuses primarily on the ways that economic restructuring is driving the processes, but discusses many other issues as well: politics, social change, reform, international economics, and cultural change. Doug Guthrie covers the social, economic, and political factors responsible for China's revolutionary changes, and interweaves this broader structural analysis with a consideration of social changes at the micro and macro levels. Considering the potential for further change, the book debates the questions: will China become more democratic? Will the government become more serious about protecting human rights and creating a transparent legal system? How will China's explosive growth impact both East Asia and the larger global economy? This is a sophisticated, definitive, yet compact overview of the effects of massive social, economic, and political reforms on the most populous nation in the world.
This book offers a non-conventional analysis of the possible outcomes from China's transformation and provides a dialectical understanding of the complexities and underlying dynamics brought about by the rise of modern-day China.
The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms—from industrial change and agricultural organization to science and technology.