Digital transformation is a huge topic in China and for the Chinese industry. China was mesmerized when Germany introduced the Industry 4.0 strategy in 2012. It did not take long until the Chinese then came up with the strategy “Made in China 2025”.
As they acknowledged that they are still behind in many things concerning digital transformation, they set up specific strategies called internet plus – e.g. internet plus agriculture, internet plus service sector – combining hardware and internet/service. Here, they are making tremendous progress. Looking at for instance the way they use social media, they are no doubt ahead the Western world.
Besides digital transformation, education is currently a very important topic in China. At the end of this talk we pick up this topic and moreover talk about economic gamechangers and future projects.