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.
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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
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technologies E.G., Active Steering Antennae for the large number of EE and SW designers creating mobile eCommerce enabled devices in the PRC.