China is high tech industry is entering a golden age

Source：Updated：2017-03-10 08:46:50

Or market active, both in terms of industrial distribution of China's high-tech industry is in a stage of rapid development, is entering the "golden age". 
 
"In China, whether to drink a cup of British costa, or taking a taxi, watching movies, only need a cell phone, no wallet." Is this the cbi China chief representative resolute to its UK colleagues to introduce China's e-commerce platform, emphasis on convenience. Resolute as docking in UK consumption and service industries in the middle of the bridge, and attaches great importance to China in recent years the rapid development of electronic commerce, and to the influence of the foreign capital enterprise. 
 
Resolute to economic daily reporter said: "compared with other foreign social media and web site platform, China's tencent WeChat of alibaba e-commerce platform, the platform and lead not yiding, half of it in the case of almost no advertising, two rapid growth platform, is behind the platform and technology advantages of the enterprise." 
 
Represented by tencent and alibaba, China's e-commerce platform and high-tech enterprises made remarkable achievement in recent years. Morgan Stanley recently published research report, although the Chinese e-commerce sales in 2003 is almost zero, but the current has soared to $600 billion, overall market share of global proportion is as high as 35%. 
 
Morgan Stanley greater China electronic commerce and retail business analyst Robert Lin wrote, along with the innovation of the consumer electronics channel development, the future of China in the global electronic commerce share will further increase, this will also provide more robust power for China's economic transformation, improve the proportion of consumption in the domestic economy and private economy market space. 
 
Notable is, the development of China's e-commerce platform is not simply "go". HSBC Asia Pacific retail banking and wealth management department manager Kevin Martin believes that e-commerce and residents' consumption mode from the counter to online or mobile transactions at the same time, also promote financial interaction more into networking and digitalization. 
 
The above change and has given rise to China's new global leading sectors - financial technology industry. 
 
The citibank group, according to the latest report on global financial science and technology enterprises in 2016 Chinese financial rise of science and technology is the world's financial markets dominate the event. Thanks to the past 10 years a shocking digital development and expansion of the middle class, China's financial enterprises in e-commerce platform of science and technology and social media ecological system driven by rapid growth. 
 
"Needless to say, even if established financial power in Britain, the financial industry of science and technology also need to learn from China. Association understands, more and more UK financial technology companies eager to the thorough exchange and cooperation with their Chinese counterparts." The Sino-British trade association, director of the financial and professional services li-jun zhou told reporters. 
 
UK companies will largely reflects China's financial science and technology enterprises in the global leading position, shows that global financial investment of science and technology center have been transferred to China from the west. Citibank group, according to data as of September 2016, the global 27 financial technology unicorn eight Chinese enterprises, Chinese enterprises overall market value accounted for more than 69%. In the third quarter of 2016 years ago, in the field of science and technology in China's financial investment accounted for more than 50% of the total amount of global investment. At the same time, global financial technology investment, and seven of the top 10 in China. Ant gold and Liu Jin, jingdong financial and interest by stages to become the world's four major financial technology investment. 
 
Analyze the cause of China's financial industry rapid development of science and technology, citigroup believes that China's domestic e-commerce market size is not other countries. For the Chinese e-commerce and financial industry development provides a unique ecological environment of science and technology. At the same time, China's regulators timely and evolving regulatory policy, also provides a good support for its development. The above factors jointly pay has given rise to a large number of enterprises and financial services companies, and in the field of payment business and one-stop consumer financial services occupy the industry leading position. 
 
Looking to the future financial industry the development of science and technology, citigroup believes that in the field of enterprise business to consumer, China's financial science and technology in the future will be out of China, to further expand the global market. With Chinese and overseas tourism consumption demand rises, the future pay treasure and WeChat will get rapid development in the overseas markets, represented by the ant gold suit and tencent Chinese high-tech enterprises will get more overseas market share. 
 
The development of e-commerce and financial technology is just one aspect of China's high-tech industry rapid development. China's high-tech enterprises, cover a multitude of industries. British broadcasting corporation (BBC) released a long pointed out that in China for many years scientific innovation policy, China is not only developed in the field of aerospace research, particle science with world advanced level of high-tech enterprises "national team", and more in the life sciences, deep research and other industries to grow a large number of private enterprise has the world's top level. Life science field of regenerative medicine in China international co., LTD. Swine corneal transplantation as representative, the deep research to the rainbow fish ocean science and technology co., LTD., as a representative of many private enterprises, in promoting China's regenerative medicine research and development of deep-sea exploration at the same time, also in exploring the development of Chinese scientific research project of new business model. 
 
In addition, China's Internet industry, mobile Internet and communication industry of high-tech enterprises, in 2016 won a large number of financing, rapid development has entered a new stage. 
 
China's high-tech enterprise performance also make it won the domestic and foreign investors in the capital market. PWC data showed that in 2016 the global science and technology enterprises in the IPO, 53 to 18 ranked first in China. In fact, in the previous two years, China has to 45 and 30 respectively ranked the first in a row. Competent partner Gao Jianbin said PWC China science and technology industry, as China's regulators were gradually let go of the IPO, the future of science and technology enterprises in China will be in China at a faster pace and the Hong Kong market. 
 
For the current listed high-tech enterprises in China, pay close attention to China's European investors see it as a current asset to increase the core point of China's assets. Ashmore group chief economist jan DE grace to the economic daily press, said: "in the current Chinese assets held by the us, the focal point of investment is" new economy "sectors, core is a local Chinese high-tech enterprises." British investec multiple growth fund managers flip saunders said: "both A shares and H shares, and shall, in the high-tech enterprise by our era as A response to the long cycle and low reward the key opportunity".