After decades of being regarded as “the world’s factory”, it’s no exaggeration to say that China has reinvented itself to become a global tech leader. It is already home to over
half the world’s artificial-intelligence (AI) unicorns and has produced internet titans like
Baidu,
Alibaba and
Tencent – also known as the
BAT.
As the nation slips into its new role of being a leading innovator, especially in areas like
e-commerce and
mobile, it offers important lessons and reflections for other emerging economies.