My firm has been working in delivering technology innovation to our PRC-based clients now for 16 years. One key thing we do is tie all of our initiatives to the PRC’s 13th Five Year Plan (Click to see a good slide deck). The technology section is key in order to understand the PRC government’s motivations and incentives to migrate it’s workforce from a manufacturing culture to an advanced technology juggernaut.
Some investor strategist believe that one way to “Trump-Proof” a technology enterprise’s investments in China is to focus on the current eCommerce explosion.
Michael Robinson just wrote, “ E-commerce growth pivots off of China’s fast-growing middle class, which now accounts for 19% of the population, according to Goldman Sachs. That figure has been rising by more than a percentage point each year – and should keep growing at that rate for years to come.
The rapid growth in smartphone use is another key factor. There are now nearly 400 million of these e-commerce-enabling devices in China, a figure that’s rising at a double-digit pace. And mobile-based spending – that is, purchases made via a smartphone or tablet instead of a PC or laptop – now accounts for 50% of all Chinese e-commerce, says eMarketer.
That compares to just 22% here in the United States.
This growth in e-commerce is coming as China’s middle class continues to rise and the nation shifts away from its focus on exports and places a greater emphasis on domestic spending.”
My strategy is to provide engineering tools that will facilitate the enablement of innovative wireless
technologies E.G., Active Steering Antennae for the large number of EE and SW designers creating mobile eCommerce enabled devices in the PRC.