China's Internet industry and its Four major factors of development.



Beyond lack of powerful creative minds in this country, as techpreneurs prefer copy and pasting, it is however obvious that,  the rapid development of China's Internet industry can rely on four major factors: first, consumers are more and more exigent; China’s Internet industry is gaining more and more attention nationwide and globally ( investors race); China's Internet penetration is increasing steadily and the market is large; finally, the infatuation of older generation will be surpass by the younger one.

According to IDC China will become the world's mobile Internet heartland; the destruction and transformation of traditional industries brought by Internet will no longer be a dream ; Online-to-Offline (O2O) will assist traditional E-business suppliers to extend their business to personalized services ; Cross-border E-business and mobile E-business remain two highlights in the traditional E-commerce market ; Pan-entertainment industry with IP license as the core will be put into practice further ; Private banks and equity-based crowd-funding will lead Internet financial market ; QR codes will impact the elderly and housewives ; Internet companies will race to capture car networking and car after-service market and ; Network security will be elevated to the national security level.

 Baidu, Alibaba, and Tencent will shape this market.

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