China Innovation Watch

12/07/2025

Huawei is in Q2 2025 climbed to #2 in China’s smartphone market with a 17.1% share, trailing only behind Vivo (17.6%). This marks Huawei’s strongest rebound since its challenges with U.S. sanctions.

Full story with data & insights 👉 ciw.news/p/smartphone-q2-2025

Apple’s iPhone rebound in China came at a cost: deep discounts. Huawei leads as rational consumption reshapes China’s premium smartphone market.

19/01/2022

China's central bank digital currency eCNY has reached 261 million personal digital wallets with a total transaction of close to US$14 billion

As of December 31, 2021, there had been more than 8.0851 million eCNY (China's Central Bank Digital Currency or CBDC) pilot scenarios, reaching 261 million personal digital wallets and a total transaction of 87.565 billion yuan (US$13.78 billion), according to Zou Lan, director of the financial mark...

18/01/2022

China's sales of new energy vehicles reached 3.521 million, a year-on-year increase of 1.6 times, ranking first in the world for seven consecutive years; Among them, the new passenger car market equipped with driving assistance system accounts for 20%.

07/01/2022

US allies in the Asia-Pacific region like Australia and Japan trade more with China than with the US.

28/12/2021

Baidu's metaverse platform XiRang enables up to 100,000 online attendees to interact simultaneously in the same space.

Baidu opened Baidu Create 2021 on 27 December, the first day of a three-day annual flagship developers’ conference on its metaverse app XiRang. The event was also China’s first-ever metaverse technology symposium. Dubbed the “Land of Hope”, the XiRang platform enables up to 100,000 online at...

02/11/2021

Identifying proper styles of communication is critical in capturing Chinese Generation Z’s attention. Generation Zs value the way brands communicate and prefer particularly “young” and “surprise” ways of communication.

Identifying proper styles of communication is critical in capturing Chinese Generation Z's attention. Generation Zs value the way brands communicate and prefer particularly 'young' and 'surprise' ways of communication. 60% of Generation Z said that 'the way brands communicate with me' plays a major....

21/10/2021

Li Jiaqi, one of the top live streamers, listed 439 products on the evening of October 20. The cumulative transaction value of the live broadcast room is as high as 11.5 billion yuan, and the estimated sales volume is 37.71 million.

Alibaba Group kicked off its Tmall Double 11 Shopping Festival 2021 on 20 October 2021. This is Alibaba's 13th annual Double Eleven shopping festival in China with an emphasis on sustainability and inclusiveness. This year marks the largest Double 11 Festival to date, with a record 290,000 brands pa...

15/10/2021

LinkedIn has 53m users in China, making up about 7 per cent of its total user base.

Last major US social network to operate in the country cites ‘challenging operating environment’

13/10/2021

- “food, housing, transportation, tourism, entertainment, and shopping” are the main force of holiday consumption.
- online transactions totaled 2.72 trillion yuan
- the domestic tourism revenue reached 389 billion yuan

Self-driving tour has become the standard for National Day Golden Week travel in 2021, and the popularity rises by 150% according to Mafengwo. From October 1 to 7, UnionPay online transactions totaled to 2.72 trillion yuan, with 4.863 billion transactions, and the average number of daily transaction...

26/08/2021

China’s number of households with upper middle income and above is about to reach 400 million in 10 years.

China’s domestic consumer market has grown to a considerable size. However, there’s still much potential in it. China will offer a US$5 trillion consumption growth opportunity in the next decade,…

23/08/2021

Bilibili reported a 72% YoY increase in net revenues and reached RMB4,495.3 million (US$696.2 million) in Q2 2021.

Bilibili's average monthly active users (MAUs) reached 237.1 million, and mobile MAUs reached 220.5 million, representing increases of 38% and 44% YoY, respectively. Currently, 86% of Bilibili users…

19/08/2021

WeChat mau grew slightly to 1,251 million.

The number of monthly active users (MAU) of WeChat grew slightly to 1,251 million in the second quarter of 2021, according to Tencent's quarterly results. Smart device MAU of QQ decreased to 591…