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 …
Continue reading “Alibaba vs JD.com: A Comparison of their ‘Flywheel’ Models”
Tag: China, E-commerce, Retail
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 …
Continue reading “How Education in China should Develop in the Future”
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