China Day POVs

Is the world ready to accept that China is truly innovating?

“After decades of being labeled as a copycat, is the world ready to accept that China is truly innovating?” That’s how the session 'Recalibrating the definition of innovation' was presented, and we went to find out.

To kick off the debate was Winder Chen founder and CEO of Kuaizi, a tech company who offers a creative platform powered by A.I. which makes it possible to optimize the ads in real time. Alivin Chiang CEO of Gululu, a startup that created a interactive water bottle to help children drink enough water during the day and at the same time having fun. And at last but not the least we had the pleasure of 28-year-old Shaoling Dong the founder and CEO of RabbitPre, which is China's largest creative cloud with 10 million users.

The panel agreed that China defiantly is creative and innovative, and becoming more of both with a fast-growing speed.

The education system:

Bessie Lee started the debate by asking the panel on their thoughts on the criticism, that have formed around the Chinese education, on hoe they are creating copycats instead of original thinkers.   

Winder Chen said that: There isn’t a perfect education system anywhere in the world, eventually over time you are gonna get, a generation of people lacking original thinking. But an upside to the Chinese education system is that, there is a lot of competition, that force Chinese student, to be better and think creative in their work. Also, the Chinese education system is teaching optimism.

On that there was added that 18% of Chinese college students are applying into global firms.

They are also seeing all these success stories, from Chines people managing to create companies that are acknowledge, both local and globally. That makes them work harder and learn faster.

Another take on the education system is that they are very good at math, which gives them a head start, within A.I and machine learning.

Is the development in A.I and Machine learning killing the creative industry:

To that Shaoling said: In 10 years A.I will have taken over most human jobs, but for the marketing industry, Machine will never be able to completely take over the human jobs, as they cannot beat humans in nonlinear work.

But he still wants to challenge the creative industry through A.I.

Winder Cheng then added that if the creative industry is not thinking about technology, then it is already dying. The future is not about selling your products anymore, but the messages.

Key Takeaways:

1. look out for Chinese innovation going global, because China is not only export anymore.

2. Be open-minded, to Chinese people, they might have more to offer, so be curious.

3. There is a Reversed innovation going on, before China copied the world, but what about now, is it the other way around?

Written by Emilie Haugelund Larsen