Top 5 developments

1. G'Five

G'Five started as a shanzhai operation, reproducing existing phones in the market. But it quickly evolved into an innovative behemoth in its own right. The Shenzhen-based phone company has unseated larger brands like Nokia. With approximately 100 phones sold in three continents - namely Asia, Africa and South America - G'Five has evolved from a homegrown startup to become an international player capable of turning an idea into a new product within 45 days.

2. Sina Weibo