01 | 2014 | Digital Times

E-Commerce in China – a Broad Landscape of Digital Opportunities

"This issue of German Chamber Ticker will provide you with insightful information on the tremendous potential of the e-commerce market in China and additionally introduce distinct characteristics of Chinese online consumers. The issue will address chances and challenges of reaching online buyer target groups in China; the boom and potential bust of China’s “bitcoin” currency; the rise of China’s mobile industry and the growth of Touchmedia."

Alexandra Voss - Executive Director, 
                                               GCC North China

GCT- 01-2014

Cover Story 1 - Beyond Brick and Mortar

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Setting up a Chinese E-commerce Channel

by KRISTINA KOEHLER-COLUCCIA

Seemingly overnight, China has become one of the world’s most wired retail markets. Millions of newly minted consumers can now log on and purchase a vast range of products they could only dream of acquiring just a few years ago. This is especially true in places outside of China’s largest cities, where the infrastructure remains underdeveloped.

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Cover Story 2 - Lose Your Wallet

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The Mobile Payment Ecosystem in China

by WILLIAM CHOU, JENS EWERT, RICHARD LI AND ZHAOLI MENG

The mobile payment industry is filled with various players: mobile carriers, financial institutions, handset manufacturers, chip manufacturers, third-party payment agencies, merchants and other sectors. Nevertheless, the industry lacks cooperation and a win-win business model.

Cover Story 3 - Top Shop

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Tips and Best Practices For Your Online Shop in China

by PATRICK DELOY

The e-commerce market in China is booming. A growingly affluent group of online shoppers – a group larger than the population of any European nation – is increasingly attracting foreign companies to invest in their local e-commerce setup and operations.

Cover Story 4 - Peer to Pocket

In the Future, Will Everyone be Using Bitcoin?

by MAXIM BEATTY 

Bitcoin is a digital currency that was created five years ago. It arose out of the skepticism held by some people towards central banks that they felt ‘abused’ their power, by printing money and thus ‘debasing’ the value of traditional fiat currencies. It’s also capable of solving the classic dilemma for all digital currencies: how to prevent double spending.

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Cover Story 5 - WeChat - Customers Listen

The Chinese Mobile App That’s Becoming a Global Juggernaut

by FELIX OEHMANN

Most tech savvy foreigners in China are familiar with Tencent’s chat app WeChat – and are likely using it themselves. It’s often referred to as the Chinese version of WhatsApp, a good app for the occasional chat with friends and family. But the outlook of Weixin, as the app is called in China, might be even brighter than that of WhatsApp.

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Cover Story 6 - In Touch with Today's Customers

Mr. Micky Fung on Touchmedia's Interactive Advertising

by OLIVIA HELVADJIAN

If you have ever spent a day in Shanghai, it's more than likely that you've interacted with Micky Fung’s brainchild. Mr. Fung is the CEO and founder of Touchmedia, and his screens are installed in more than half of the cabs in Shanghai, along with many screens in cities such as Beijing, Guangzhou, Shenzhen, Hangzhou, Qingdao and Hong Kong.

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In the Spotlight - From Volume to Value: Interview with Dr. Ralf Cramer, Member of the Executive Board of Continental AG, President and CEO of Continental China

From Volume to Value

Interview with Dr. Ralf Cramer, Member of the Executive Board of Continental AG, President and CEO of Continental China

by JAN NOETHER AND OLIVIA HELVADJIAN

As of August 2013, Dr. Ralf Cramer has been appointed as President and CEO of Continental China. Dr. Cramer, who is based in Shanghai, has been a member of Continental’s Executive Board since August 2009 and head of the Chassis & Safety division since December 2007.

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Feature 1 - Keep it Clean

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Mitigating your Compliance Risks in China

by DR. BERND-UWE STUCKEN AND PHILIPP SENFF

Foreign investors doing business in China often face the challenge of meeting turnover targets in a competitive market while keeping clean in an environment where compliance risks are often higher than in their domestic markets. Foreign investors that do not comply with Chinese regulations in conjunction with malfeasances face the risk of penalties, loss of reputation – and even imprisonment.

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Feature 2 - Protecting your IPR at Trade Fairs in China: Know Before You Go

ImagineChina

Before the Trade Fair: Fail to Prepare, Prepare to Fail

by CHINA IPR SME HELPDESK

As with tangible products, you can only protect the intellectual property (IP) that you own. As is the case in the EU, your key IP features must be registered, and therefore protected, in China. Determine your strategy in advance of the trade fair.

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Feature 3 - Foreigner Piety

China's Aging Population Creates Opportunities in Senior Care for Foreign Investors

by SOVEREIGN CHINA

Senior care is becoming increasingly important in China, but the supply of senior care institutions and nursing staff is far from able to meet the market demand. This has created a huge opportunity for foreign investors to enter the senior care market in China.

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Feature 4 - Daan Roosegaarde and the Sky-Cleaning Machine

The Dutch Designer Talks Art and Innovation

by CAITLIN WAGGONER

Like most artists, Mr. Daan Roosegaarde creates beautiful, dreamlike concepts – dance floors that are charged by the movement of the dancers, clothing that becomes more transparent as the wearer’s heartbeat rises, a solar-powered highway that lights up at night. Unlike most artists, Mr. Roosegaarde makes his dreams come true.

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German Chamber Ticker Editorial Team

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