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The Real Driven Power Behind China Boom


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Talk in Budapest. Isaac wants to tell people how deversity increases the tranactions in China as the driven power of economy boom, not the 'leadership' of CPC

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The Real Driven Power Behind China Boom

  1. 1. The Driven Power Behind China Boom Isaac Mao 2007/5
  2. 2. Blossom <ul><li>~9% GDP growth for about 20 years </li></ul><ul><li>Top Mobile population (500 M) </li></ul><ul><li>To be the top Internet users (150 M,2007) </li></ul><ul><li>Top foreign currency holder (1.2 trillion) </li></ul><ul><li>The 3 rd largest luxury goods consuming entity </li></ul>
  3. 3. Gains <ul><li>Innovations: </li></ul><ul><ul><li>E-Capitalism vs. P-Socialism </li></ul></ul><ul><ul><li>One country, two systems </li></ul></ul><ul><ul><li>C2C (Copy to China) </li></ul></ul><ul><li>Models: </li></ul><ul><ul><li>Shanghai: Hi-tech and globalization </li></ul></ul><ul><ul><ul><li>Tightly controlled by ruling party </li></ul></ul></ul><ul><ul><li>Zhejiang: Grassroots finance </li></ul></ul><ul><ul><ul><li>Less controlled </li></ul></ul></ul><ul><ul><li>Shenzhen: Import and export </li></ul></ul><ul><ul><ul><li>Loosely controlled </li></ul></ul></ul>
  4. 4. The Lessons, If Learnt <ul><li>Political risks </li></ul><ul><ul><li>Nanny thinking </li></ul></ul><ul><ul><li>Central vs. Local </li></ul></ul><ul><li>Environment </li></ul><ul><ul><li>Is China poisoning the world ? </li></ul></ul><ul><li>Social moral vacuum </li></ul><ul><li>Divide and gaps </li></ul><ul><li>Education & health problems </li></ul>
  5. 5. Courtesy, All from Internet Public Domain
  6. 6. Open-up But Less Reformed <ul><li>Reforms was actually driven by openness , reluctantly </li></ul><ul><li>Unbalanced political and economy pace </li></ul><ul><li>Bottom-up vs. Top-down </li></ul><ul><li>International pressures </li></ul><ul><li>Less global community participation </li></ul>
  7. 7. Metaphor of “Rules Twist” Official rules Hidden rules Social rules
  8. 8. Diversity, the Real Power <ul><li>Free migrations </li></ul><ul><li>New social networking emerged </li></ul><ul><li>More transactions generated </li></ul><ul><li>Population advantages </li></ul><ul><ul><li>(not human capital yet) </li></ul></ul><ul><li>The long tail </li></ul><ul><li>Nanny policy vs. free choices </li></ul>
  9. 9. Morphing To Flat Society Not so flat yet Hierarchical system
  10. 10. Empowered By Technology <ul><li>Web 1.0 </li></ul><ul><li>P2P & Piracy </li></ul><ul><li>Web 2.0 </li></ul><ul><ul><li>Wikipedia </li></ul></ul><ul><ul><li>Blogosphere </li></ul></ul><ul><ul><li>Social Media </li></ul></ul>
  11. 11. Three Walls Free Access Free Speech Free Thinking Technology Education/Culture Self-censorship Politics & media control
  12. 12. The Future <ul><li>Still a huge social evolution lab </li></ul><ul><li>Gov-NGO-BIZ balancing </li></ul><ul><li>Emergent Democracy </li></ul><ul><ul><li>Grassroots the 2nd super power </li></ul></ul><ul><ul><li>Social collaboration & creations </li></ul></ul><ul><li>Global responsibility </li></ul><ul><ul><li>Friendship and enemies </li></ul></ul><ul><ul><li>Oversea expansion </li></ul></ul><ul><ul><li>International collaboration </li></ul></ul>
  13. 13. Don’t Predict, Let’s Create [email_address] Skype: isaac.mao