Technology specialist Yin Ruizhi looks at the vast amounts of money tutoring agencies in China have been spending on advertising to generate quick wins. In the long run, students enrolled at such institutions suffer as they end up memorising material rather than truly learning. Seen in that light, the government’s recent intervention was a long time coming.
Society
Society
The Chinese government’s recent crackdown on the tutoring industry is not a random act, says Chinese technology specialist Yin Ruizhi. If one has paid attention to media reports and government work reports, education has been an area of concern since 2013. Hence the "double reduction" policy is necessary and should not be a surprise if you have done your homework.
Technology
Leaked data from one platform company may not pose a major national security threat, but data from multiple platforms combined might, warns technology specialist Yin Ruizhi. As countries become more wary of internet security risks, it will be increasingly difficult for platform companies to get listed overseas. What is the alternative then?
Technology
Technology specialist Yin Ruizhi examines the psychology of getting into “the zone” when playing games and the comfort of being immersed in a more egalitarian world.
Technology
Few realise that the mobile gaming industry and the mobile phone industry have a symbiotic relationship. Technology specialist Yin Ruizhi explains how cuts of the revenue that mobile companies get from game app developers help them to thrive despite offering "value for money" phones.
Technology
Recently, Xinba, one of the biggest influencers on Chinese streaming platform Kuaishou, sold US$300 million worth of goods in a single 12-hour session, in a testament to the enormous pull of livestreaming e-commerce. Research shows that crowdfunded products often rely on livestreaming e-commerce to convey product information and funnel early adopters. Such an ecosystem creates a positive business environment for producing and marketing new products. Technology specialist Yin Ruizhi looks at how live-streaming e-commerce is fast giving China the edge in product innovation.
Technology
Livestreaming e-commerce is fast gaining currency in China, not least when tapping on short video and “we-media” platforms. Supporting the “internet celebrities” who promote endless products through this avenue are a support network backed by AI and big data. Technology specialist Yin Ruizhi looks at how this new model is changing the face of retail.
Technology
China has its army of housewives to thank for its early and deep foothold in e-commerce. The theory goes that with more time on their hands and being fiercely price-conscious, these housewives will never fail to take advantage of discounts for online shopping, and even more importantly, spread the word and get others to do the same.
Technology
Yin Ruizhi points out that China’s AI industry was able to scale up so quickly thanks to an army of rural folk ready to do the laborious yet essential task of data annotation.