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China Mobile Payments, AI, Bike-Sharing, Short Videos All Make The Meeker Report. China tech is highlighted regularly in Mary Meeker's annual Internet report that underscores China's advances in mobile entertainment and payments, e-commerce, artificial intelligence and on-demand transportation -- in other words, all the latest trends that define Chinese innovation today. If you want evidence of China's climb, consider that nine of the world's top 20 Internet leaders ranked by market valuation are in China today: Alibaba, Tencent, Ant Financial, Baidu, Xiaomi, Didi Chuxing, JD.com, Meituan-Dianping and Toutiao. The remaining 11 are in the U.S. led by Apple, Amazon, Microsoft, Google (Alphabet) and Facebook. China's momentum in artificial intelligence is also highlighted with notes on Chinese government support for AI development. The report cites Eric Schmidt's prediction that China could be at the level of the U.S. within five years, considering how fast Chinese AI knowhow is improving. The growth in mobile entertainment gets a lot of attention in the report. China's mobile Internet users increased by 8 percent last year to 753 million users, and with it, time spent on all forms of online entertainment but particularly so for short-form video, up 22 percent year over year. The two leaders are two Chinese startups: AI augmented mobile video creation Douyin (Tik-Tok) and location-based mobile discovery Kuaishou. In e-commerce, similar momentum is highlighted: China has the world's highest penetration of e-commerce (20 percent) and fast growth (28 percent). Alibaba's new retail initiative to upgrade offline retail in China (which still accounts for more than two-thirds of shopping) and its recently introduced highly digitalized Hema supermarkets are covered in depth. An interesting chart does a deep dive comparison of Alibaba and Amazon in retailing, showing a wide span of similar services though Amazon is far larger. Related to that, the report delves into triple-digit increases for mobile payment led by WeChat Pay and Alipay in addition to a 29 percent in online advertising. Several of the trends spotlighted in the e-commerce section reflect that the U.S. is still in the early stages of retail adoption, but are already becoming mainstream in China. 难点注释： 1. Meeker Report--互联网女皇凯鹏华盈(KPCB)合伙人玛丽·米克尔(Mary Meeker)公布的年度《互联网趋势》报告 2. underscore强调 3. mobile entertainment移动娱乐（指使用电子产品进行的各种活动，包括听歌、打游戏、社交、购物等） 4. on-demand transportation约车服务 5. define清楚地显示出; 画出...的轮廓 6. climb爬升 7. market valuation上市公司股票市值；市场估价 8. Ant Financial蚂蚁金服 9. Meituan-Dianping美团大众点评”由美团与大众点评于2015年10月8日合并成立。 10. Google (Alphabet)谷歌（谷歌母公司“字母表”） 11. momentum势头 /məˈmen.təm/ 12. note解释 13. Eric Schmidt执行总裁/'shmit/ 14. short-form video短视频 15. year over year与去年同期相比 16. startup新创办的小公司 17. AI augmented mobile video creation人工智能增强的移动视频创意 18. Douyin (Tik-Tok)抖音，拍短视频的音乐创意短视频社交软件 19. Kuaishou快手,中国最大的短视频社区,记录和分享生活的平台。 20. location-based mobile discovery基于地理位置的算法推送视频的移动导视引擎 21. Kuaishou 快手，是开放移动互联时代的首款移动导视引擎 22. penetration of e-commerce电子商务渗透率 23. offline retail线下零售 24. highly digitalized高度数字化的 25. Hema supermarket 盒马鲜生，是新零售业态，由线下实体门店和线上App结合而成。 26. deep dive 深入研究 27. a wide span of （经营）范围广大的 28. delve into深入研究 29. triple-digit[主美国英语]三位数的(即比率为100%以上直至999%的) 30. Alipay 支付宝 31.spotlight使公众注意 |
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