China - Observation from an Indian tech entrepreneur lens
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I was in China as part of a delegation of Indian entrepreneurs visiting China to accelerate co-operation with the Chinese startups ecosystem and investor community. The tour was organised by Blume Ventures & Zhudao/ZDream. We visited 5 cities, met numerous companies and attended the China India Technology Dialog Conference during this visit in March 2017. This presentation chronicles, using mostly pictures I clicked during the trip, some random observations & learnings from an unforgettable trip with a great bunch of companions.
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China - Observation from an Indian tech entrepreneur lens
- 2. I was in China as part of a delegation of Indian entrepreneurs visiting China to accelerate co- operation with the Chinese startups ecosystem and investor community. The tour was organised by Blume Ventures & Zhudao/ZDream. We visited 5 cities, met numerous companies and attended the China India Technology Dialog Conference during this visit. This presentation chronicles, using mostly pictures I clicked during the trip, some random observations & learnings from an unforgettable trip with a great bunch of companions.
- 4. Beijing Metro - 19 lines, 345 stations, 500+ kms, 2nd largest … after Shanghai. Beijing Subway/Metro Network Map
- 5. Bullet trains @ 330 kmph connecting major cities Beijing - Shanghai bullet train, @300 kmph
- 6. Pudong (Shanghai) - risen from the wasteland View from the Shanghai Tower 2nd tallest in the world at 632 meters
- 7. Society
- 8. A mobile first world Beijing Subway - a mobile first society
- 9. A top class/highly competitive university system Peking University Library - largest in Asia
- 10. Women in the Workforce - more than equal Large number of women seen working in security, retail & e-commerce 2/3rd product managers in China are women* *unverified stat from China India Conference
- 11. The Omni-present India is one nation with many political parties. China is one political party with a nation attached to it. ” “ - A seasoned Indian diplomat in China
- 12. Economy & affluence - a lot of catching up to do for India
- 13. Visiting China - your best friends Translation software VPN to stay in touch with your world in the no-google land 1 2
- 14. Visiting China - food tips for the Indian palate Food - this is no Indian Chinese Assume meat is present in every dish even if the dish name looks vegetarian A vegetarian dish could be made to order - if you can communicate that to the waiter :) , keep translations s/w handy. Same if you don’t eat pork or beef or other creatures :). Thanks to Zhudao (our organisers) we didn’t face too much of a problem in this department
- 15. The Internet
- 16. Alibaba - global trade starts here largest B2B marketplace in world largest B2C marketplace in China largest C2C marketplace in China largest payment network in China Alibaba “strong man” - represent the b2b backbone, @ Hangzhou campus
- 17. Wechat for everything - the future of Whatsapp in India?
- 18. Riding the largest car market in the world to the bicycle nation Share bicycles revolution - Ofo, Mobike & many more Use wechat/app to unlock the bike using QR code Ride to wherever you want and leave it there Charged to wechat wallet/ alipay account based on duration of rental 1 2 3 Cheap, Eco-friendly, Healthy
- 19. Numbers, Dam… Numbers and Statistics! China - India Dialog 2017 Conference, #chindia 2017
- 20. Insurance
- 21. China Insurance Market "A healthy society should not be full of stock investors but policy holders” - Jack Ma, founder and executive chairman of Alibaba $ 500 B 30% 75%: 25% 95% China Market Size 2016-17; $25B is online Ratio of Life to P&C; 70% of P&C is Autos y-o-y growth in 2016-17; accelerated from 20% avg. in previous years Share of domestic insurer premium (versus international)
- 22. Zhong An - the online insurance unicorn, 4 billion policies, 400 million customers in 4 years Innovative products Distribution via BATs/other players Promotions+ + Source: https://medium.com/@mlcwong/lessons-from-the-front-lines-of-insurance-tech- innovation-in-china-a1568b69bfb7
- 23. Xiexie (thanks!)