Alibaba vs JD.com: A Comparison of their ‘Flywheel’ Models

On Single’s Day 2021, China’s largest online shopping festival, Tmall’s gross transaction volume (GMV) reached RMB 540 billion (USD $79 billion), a year-on-year increase of 8.5%, while JD.com’s GMV reached RMB 349 billion (USD $51 billion), a year-on-year rise of 28.6%. Under such intense e-commerce competition, it is rare that two established e-commerce companies can …

Tag: China, E-commerce, Retail

How Education in China should Develop in the Future

LIU Jing, Professor of Accounting and Finance, Director of Investment Research Center ZU Yiming, Research Fellow at CKGSB To understand how education will develop in the future, we have to analyze government policy and structure by examining the impact of industrial policy and economic development on education. Learning from Germany’s Dual Education System Industrial upgrading is …

Tag: higher education, vocational education, China, Germany

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