•	Development of China’s IT industry
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• Development of China’s IT industry Presentation Transcript

  • 1. Development of China’s IT industry and its career prospects Philip Zheng Senior HR Director, Baidu.com
  • 2. China: the Largest Internet Users Market in the World Proportion of Chinese Internet Users No. of internet Users 2005-2011 2011 Unit:10K Unit:% 51,310 45,730 38,400 23% 29,800 21,000 13,700 11,100 77% * * * * * * * * 2.27 billion netizens by 2011 globally Source:CNNIC
  • 3. High Growth Potential vs. Low Penetration Rate (38%) Penetration Rate of Chinese Internet Users 2002-2011 * JP 94% * * US 77% * * * * * * * Global Average 35 % * * * * * * * * * * * * * * * * * * * * * Source:CNNIC,2011/1
  • 4. Size of Chinese Internet Economy: RMB 272B (2011) Average annual growth rate for Chinese internet industry is 52% YoY. The size of Chinese internet economy exceeded RMB 200B in 2011, which was only 0.58% of the total GDP. Size of China internet economy 2008-2013e As a Percentage of Chinese economy Unit:100M RMB * Unit:% * 5,647 * * * * 3,901 * * 2,729 * * 1,513 983 * 705 * * * * * * * * * * * Source:iResearch & Baidu.com
  • 5. Key Players in Chinese Internet Industry
  • 6. Trend of Chinese Internet Market Search:New Search Engine Mobile:Mobile internet Vertical business for China internet market 2008-2014e Life:e-commerce ecommerce 19% 26% 34% 40% 44% 44% 45% Web game * * * * * * * Internet ads * * * * * * *Mobile internet Search engine 17% 16% 13% 16% 20% 23% 25%Online payment * * * * 1% 1% 1% 1% * * * others 1% 1% 1% 10% 9% 9% 9% 8% 7% 7% * * * * * * * Source:iResearch
  • 7. Search : Next Generation Search Engine Business Size for Internet Search 2005-2014e Focus on multi-media, large Unit:RMB100M scale data mining and applications 558 New Milestone: New Search Engine * 384 History:20 X in the past 7 years * 259 188 110 50 70 14 29 9 * * * * * * * * * * Source:iResearch & Baidu.com
  • 8. Mobile Internet: Accelerate and Explode in China It only took 4 years forBusiness Size for Mobile internet 2008-2014e mobile internet users toUnit: RMB 100M grow up to 350M in China 1,941 Exploding * 1,275GainingMomentum 768 * 393 155 203 120 * * * * * * * Source:iResearch
  • 9. E-commerce: High YoY Growth in Online Shopping Business Size 2008-2014e on-line shopping size: China vs US 15,243 The market size of online shopping in China exceeded RMB770B in 2011, with YoY increase rate of 55%. 13,198 12,692 12,310 11,384 10,744 9,860 10,234 9,940 9,737 7,736 4,980 2,630 1,282 * * * * * * * China US
  • 10. Huge Demand for Talent in Chinese Internet Industry • Size of large internet companies: - Tencent > 20K; Baidu 17K; Alibaba Group >25K • Hire & Compete for the best in campus recruitment • Key talent needs • Developers • Testers • Product Managers • Product Operations • UE engineers • Sales and marketing professionals
  • 11. Talent Profile of Successful Candidates • Be a fast learner • Be creative • Focus on the final results, rather than the process • Be the best in your technical/ professional area • Be an excellent communicator and collaborator • Be passionate on what you are going to do • Be willing to win
  • 12. Gap in Talent Supply for Chinese Internet Industry • Technical Excellence, Esp. Coding Capabilities • Experience in Product Development • Independent Thinking Ability • Problem Solving Capability
  • 13. The Beauties of Working in POEs • Large platform for your career • Huge growth opportunities • High performance driven culture • Simple communication environment • Less hierarchies • More earning opportunities
  • 14. & the Challenges of Working in POEs • Management is direct and immature • Process is not right on your hand • Tools & resources are not well prepared • Peer pressure is high with faster pace • You need to figure it out!
  • 15. The Internet Industry is looking for Those who Wantto ......• Make a big impact • Innovate for a new for a great mission industry• Grow on a fast track • Stand out as a• Take a risk but bet leader on a bright future