Chinese firms in top 100 most innovative companieshttp://cms.iyuba.com/cms/news/image/62854.jpg(China Daily) Twenty-five Chinese companies were listed among the world’s top 100 most innovative companies in emerging markets, with more firms tapping into opportunities to put digital technologies at the heart of their operations, according to a report by the Boston Consulting Group.
The 100 companies, or what the report called global challenges, refer to those that are able to leverage digital technologies both to win in emerging markets and to compete globally with multinationals.
These include electric appliances provider Haier Group Corp, tech firm Xiaomi Corp, and medical equipment provider Mindray Medical International Ltd, according to a report by the Boston Consulting Group earlier this month.
The emerging markets are increasingly relying on tech innovation, as both enterprises and consumers use online technologies for a better and more convenient experience, according to the report.
“The challengers are well-positioned themselves to use new techniques and business strategies to make their products stand out from their competitors,” said Ted Chan, a partner in the Boston Consulting Group.
About 60 percent of the companies on the 2018 global challenger list are either digital natives or significant digital adopters, compared with only 17 percent that made significant use of digital technologies in 2012, according to the report.
All good things take time,
Tencents “Zhiling” or literally translated, “Smart Listening” speech recognition engine together with
AI powered translation engine called “Fanyijun”, which translates to “Mr. Translate”, are a good example.
Like everything man made, it is still learning and growing... @ceciliazhang
Chinese firms in top 100 most innovative companies
That's the topic title, while the quote actually is more limited:
among the world’s top 100 most innovative companies in emerging markets
Whether unicorns or startups or even individual ideas yet to be commercialized, there must be millions of potential successes of innovation in China.
So that while the US is trying to 'Make America Great Again', China can take global steps to 'Make The World Great Again' and she can do so by expanding the horizons and globalizing the narrative of those millions of unicorns, startups and individual inventors. She can do so using the network of Confucian Institutes so that they don't just promulgate culture but also act as platforms for global innovation and business seminars and webinars.
Given the propensity of Trump's government to tar, demonize and blame China for everything so as to isolate her and stop her rise, this simple idea would have already been considered in China as a one-stroke initiative.
(a) create a pull factor to promote innovation in big to small enterprises in China regardless which province, district, hukou;
(b) supplement the Government's efforts to push innovation as a key to state and economic resilience, connecting local to global in one-stroke, even amplified by e-marketplace players like Alibaba;
(c) rebrand the Confucian (and other) institutes and tap their infrastructure overseas as ready platforms for direct interactions and business networking between China's thinkers and inventors with the world's investors and co-inventors;
(d) galvanize the imagination of the world that whereas the US is starting to only think of itself, China is still ever ready to help everyone up through mutual win-win relationships that do not upset the global system but also champion the understanding that while the global order has merits it also exacts constraints on many emerging nations which must rise in order to reduce their economic and social problems - so that any mutual effort and cooperation towards achieving those objectives should be supported - because the world population and resources are constraining each other and causing inequality.
markwu Post time: 2018-8-22 09:55 static/image/common/back.gif
Whether unicorns or startups or even individual ideas yet to be commercialized, there must be millio ...
How are you? It's been a while since we last crossed each other's path. Could have been more than ten years wouldn't you say?
I agree with your analysis here 100 percent.
History is unforgiving when it comes to punishing purblind troublemakers. wchao37 Post time: 2018-8-22 12:28 static/image/common/back.gif
How are you? It's been a while since we last crossed each other's path. Could have be ...
It is good to have you back, wchao37. Indeed, time flies but i have never forgotten how you have been contributing great comments to this forum.
I hope many more will come to the fore to defend and promote China and her peoples.