It was probably a matter of time before online entrepreneurs found a way to meet the perennial demand for love and marriage in China — through livestream matchmaking. From the looks of it, it is a match made in heaven. Over the past two years, scores of people, particularly in smaller cities and towns, have used “cloud dating” mobile live-streaming apps to chat with prospective matches in real time. Seeing opportunity, various platforms like Alibaba, Tencent, Momo, Huya TV, Inke, and Huajiao have entered the fray. Covid-19 has made it even more common to seek out remote means of having one’s head in the clouds, basking in the novelty of new love. Zaobao journalist Zeng Shi has the details.
President Xi Jinping announced at the 75th session of the UNGA last year that China aims to have its CO2 emissions peak before 2030 and to achieve carbon neutrality before 2060. How will its efforts affect China and the world? Ultimately, will taking a bitter pill now help China to leapfrog its constraints and build a sustainable economy?
China will continue to flex its e-commerce muscles in 2021, predicts Associate Professor Chu Junhong from the NUS Business School. Expect a strong dose of cross-border e-commerce, live-streaming e-commerce, and more eye-catching short videos that promise great returns on “retailtainment”.
Adherence to IP protection and the rule of law are common and valid concerns of US and Western practitioners doing business in China. Commentator Deng Qingbo says that in that light, China’s recent stated focus on technological innovation should be cheered, as science, rational thinking, abiding by the rules, and even democracy often go together. At the same time, the Chinese need to better communicate their desire to share the fruits of their technological advancements with the rest of the world.
Motivated by its rivalry with the Soviet Union, the US focused its resources on becoming a science and technology giant after World War II. Now, in competition with China, can the US muster a "whole-of-nation" approach to regain a clear dominance in science and technology?
In anticipation of China’s 14th Five-Year Plan kicking in next year, commentator David Ng examines how the proposals will affect the direction of China’s economic growth, as well as China-US competition, and in turn shift the global order.
Japanese academic Masaaki Yatsuzuka examines the PLA's latest efforts to move towards smart technology and smart warfare, and what this might mean for China and other countries.
Both the mainland and Taiwan are aware of the need to wrestle for top research talents and spur their semiconductor industries to greater heights. Taiwanese firms in particular have made great strides over the years. With mainland Chinese companies scrambling to counter suppressive moves by the US, access to Taiwanese talent and expertise will be of even greater economic and political importance.
Academics Pei Sai Fan, David Lee and Yan Li say that an understanding of other countries’ technological culture and policies is crucial in advancing digital economic cooperation. For instance, in the main, Singapore and China are able to mutually respect the differences in their blockchain and token policies, and focus on the complementarity of their approaches. Together, they can deepen their collaboration on central bank digital currencies and other projects, and lead the way regionally and globally in building digital economies of the future.