2020-03-12
Change in China comes fast, but the underlying patterns matter more than the surface results. Here are the business trends worth paying attention to.
1. E-commerce is reshaping the city map. As traditional trade declines and cross-border e-commerce rises, the balance among China’s major cities is shifting toward technology and e-commerce hubs.
2. The era of simply "selling your labour" is ending. Employment used to mean pricing your time; going forward, value comes from solving problems and creating outcomes for others.
3. Traditional "deal-making" business is fading. The internet connects supply and demand precisely, so intermediaries that profit from information gaps are disappearing.
4. Organisations are flattening. Many companies will give way to vertical platforms, and a large number of freelancers will emerge — society is moving from "company + employee" to "platform + individual".
5. Business models are being rebuilt. Whoever captures the user captures the market; data and traffic become the new assets.
The direction is clear: businesses that create genuine value for users will be the ones that last.
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