1. Chinese netizens puzzled over Meta’s (formerly Facebook) new user account with Tik Tok
Meta just opened an account on TikTok and managed to attract and more than 450,000 fans within a few days. Netizens reported that there was no content from Meta’s Tik Tok account and speculations were rife about Meta’s intention(s). Some netizens said that it’s a marketing ploy for a brand name like Meta to open an account in Tik Tok, without posting any content, causing intense curiosity among Tik Tok users to attract potential Chinese users to open an account in Facebook.
Source: https://new.qq.com/omn/20220322/20220322A0DDH300.html
2. Chinese government releases their plan on the development of the hydrogen energy industry
The National Development and Reform Commission issued their medium to long term plan on the development of the hydrogen energy industry (2021-2035). The Chinese government will focus on promoting the application of hydrogen fuel cells in heavy and medium-duty vehicles, actively explore the application of fuel cells in ships, aircraft and other types of transport while continuously improve the technology of hydrogen application technology in the transport sector.
Source: https://new.qq.com/omn/20220323/20220323A02Y0N00.html
3. DingTalk cooperates with Hangzhou Lingban Technology to develop augmented reality (AR) ecosystem
DingTalk (a subsidiary of Alibaba) and the Chinese AR smart glasses company Hangzhou Lingban Technology (Rokid) signed an agreement to jointly explore the development of extended reality office environment, content and solutions for different industrial sectors. DingTalk is an enterprise communication and collaboration platform developed by Alibaba Group. Rokid specialises in the research and product development of Mixed Reality and Artificial Intelligence.
Source: https://new.qq.com/omn/20220323/20220323A083XE00.html
4. Express delivery services under immense stress in China
Due to the Covid 19 pandemic and the imposed restrictions, express delivery companies’ delivery operations were suspended since the beginning of this month and the restrictions were even applied to mail deliveries. The stresses in the system are beginning to extend its effect to the ECommerce sector. Companies like SF Express Logistic are rethinking their business model in order to pull ahead of this crisis.
Source: https://new.qq.com/omn/20220326/20220326A017F400.html
5. Restaurant owners in China are suffering huge losses even with digitalisation
Restaurant owners in China continue to suffer huge losses despite digitalisation efforts. Analysts highlighted that digitalisation efforts must go beyond transforming marketing and to extend to areas like productivity, operations and finance. The benefits of digitalisation could only be fully realised when the entire value chain digitalise. Another way is to reduce the cost of ingredients by enhancing upstream along the food value chain. Companies like Haidilao were cited as a good case study, has its own direct supply of vegetable production centres, logistics centres and central kitchens throughout China.
Source: https://new.qq.com/omn/20220326/20220326A02CS900.html
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