Rapid advances power China's online transformation
Nation fast becoming global hotbed for innovation and product development
What happens every minute online in China? Well, in every 60 seconds, users hail about 1,400 cabs and 2,800 private cars on Didi Chuxing, the country's largest car-hailing company. More than 194,000 people are video or audio chatting on WeChat, the most popular social networking platform run by Tencent Holdings Ltd. And over 770 people buy something, with about $1,133,900 spent on purchases at Alibaba Group Holding Ltd's online marketplaces.
The data offers a quick look at how the internet is shaping China, in a stunning way. "The country does in 60 seconds (online) what some would only do over a day, week, or more," said Tech in Asia, a popular technology website which compiled the data. What is more important, the blossoming trend has unfolded just in few years, as the cyberspace gets increasingly intertwined with the offline world, officials and experts said.
