China Internet Report 2018 (abacusnews.com) 78
Beijing is China's unicorn capital: Some of China's biggest tech giants may have started in Shenzhen, but Beijing leads the way with 31 tech unicorns. (Shenzhen has just 11!)
China's internet giants are doing everything: From streaming video to self-driving cars, the big three (Baidu, Alibaba and Tencent) are present in almost every tech sector, either by investing in startups or by building it themselves.
Government policy continue to actively shape China's tech industry.
China's online shopping giants are going offline.
China loves short videos.
WeChat's mini-programs are cementing its place as China's virtual mobile operating system: Mini-programs, which are no bigger than 10 megabytes and running in the WeChat app are gaining ground -- WeChat now hosts 1 million mini-apps, and the number of people who use them daily is expected to reach 400 million.
China lags behind the US in AI, but the government wants to catch up -- soon.
China is making smart speakers but Chinese users aren't buying them: There are now over 100 smart speaker developers in the country (including all of the tech giants), but demand isn't there yet -- in 2017, only 350,000 smart speakers were sold in China, compared to 25 million in the US.
China is now the world's biggest gaming market: It accounts for more than aquarter of the world's total gaming revenue (the US is close behind in second). And it's dominated by two players: Tencent and NetEase, who jointly have over 60% market share in China.