Innovation is one of the key breaking points of China's future economic development, and high-pressure law enforcement in the field of intellectual property rights will become a norm. The Chinese Internet industry has entered a new world, a new order has been formed, and game rules are being changed.
1. Anti-monopoly policy hits the ground as the China’s Internet opens up faster
Anti-monopoly has become a major trend in China since 2020, and antitrust-related penalties and lawsuits will only become regular in 2021. The mobile internet will become more open, the industry will become more competitive, and the industry's veterans and entrepreneurs will have more opportunities.
Beyond Alibaba and Tencent, more Internet giants are rising, such as ByteDance, Pingdodo, Meituan,, Kuaishou. When Alibaba and Tencent first became supergiant Internet companies in China, the market capitalization of the two was only around US$300 billion. Nowadays, more and more Chinese internet companies have that level of market volume.
As more internet giants emerge, the Internet will no longer be a "bipolar landscape" (being dominated by Tencent and Alibaba) but will become more diverse. The market will be even more prosperous and dynamic, meaning opportunities for companies and individuals in the Internet sector.
2. Taking over the mobile era, the smart era is officially here
The most talked-about company in the technology industry in 2020 is not the new force in car making, smart cars will become one of the most growing tracks in 2020. In 2021, more technology giants are entering the car industry. In Feb 2021, Apple announced they are looking to partner with car manufacturers to build Apple Car, right after Baidu’s announcement of entering the electronic car making sector in January. Then Xiaomi also announced they will invest 10billion to launch the Xiaomi Smart Car project.
Turning cars into mobile smart devices is the new and vast opportunity for the technology industry. On the surface it is an unstoppable momentum of green energy vehicles, while at a deeper level it is the integration of AI and automobiles.
3. The rise of the "Four Internets" in China
Content Internet: when the operating system, digital payment, social network and other mobile-based Internet infrastructure are completed, more content will be created to meet the demand of the users. For example, the rising short-video platforms, such as TikTok and Kuaishou are all content heavy mobile apps.
Intelligent Internet: AI, which is going to be mature, will be applied on a large scale in traditional mature applications, and many new applications will be born. Things like smart speakers, smart cars, smart TVs, smart watches are all AI powered applications and devices.
Physical Internet: The prosperity of vertical economy such as group buying, online education technology, eCommerce are all accelerating the drown of real industries，especially during the pandemic. The internet is not making the world virtual, but also speed-up the information flowing in the physical world.
Real-time Internet: 4G makes the Internet mobile and 5G makes the Internet real-time. From smartphones to smart watches, smart cameras, smart cars, ubiquitous sensors, VR/AR and IoT devices… All of these need a real-time internet to power the application. 5g makes IoT more popular and also reduces that bit of delay from the physical world to the digital world to millisecond level, basically realizing "real-time". When the 5G network covers more populations, the Internet can map the real world in real-time, therefore the virtual world will be more integrated with the physical world.
In 2021, in China, the piracy has become history, anti-monopoly has been implemented strongly, new internet giants have risen in large numbers, and the intelligent era is coming. When the pandemic is getting over, we will be expecting China’s Internet Industry to be more prosperous, more innovative. A better, faster and sexier Internet world is emerging and it will start from China.
Reference: luochaotmt (https://www.sohu.com/a/448757277_115980)