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From Reform to Innovation: Entrepreneurs & “ ...

  •  English    16     Public
    Chinese Economic
  •   Study   Slideshow
  • Who am I?
    Jack Ma(Alibaba)
  •  15
  • Guess the company
    Hua Wei
  •  15
  • Guess the company
    Xiao mi
  •  15
  • Guess the company
    BYD
  •  10
  • What best describes Alibaba’s business model?
    State-owned enterprise
    Manufacturing
    Resource extraction
    Platform economy
  •  15
  • Huawei’s main source of competitiveness comes from:
    Research and development
    Low labour costs
    Online platforms
    Advertising
  •  15
  • Xiaomi’s strategy is best described as:
    Government monopoly
    High price, low volume
    Low price, high volume
    Luxury branding
  •  10
  • Which factor MOST helped these companies grow after Reform and Opening-Up?
    Central planning
    Isolation from the world
    Agricultural collectivisation
    Market competition and openness
  •  5
  • “Made in China” originally referred mainly to:
    Cheap labour and mass production
    Innovation and branding
    Cultural products
    Financial services
  •  5
  • Today, “Made in China” increasingly means:
    Low quality
    Copying foreign products
    Full supply chain and upgrading
    Manual labour only
  •  5
  • Which transformation best describes many Chinese companies?
    From global to local
    From private to state-only
    From service to agriculture
    From low-cost to high-tech
  •  10
  • Which early problem did Alibaba solve in China’s economy?
    Lack of population
    Lack of trust between buyers and sellers
    Lack of factories
    Lack of natural resources
  •  15
  • Why did Huawei invest heavily in R&D even when profits were low?
    To follow government orders
    To reduce employee numbers
    To build long-term technological independence
    To avoid marketing costs
  •  15
  • Why does Xiaomi sell phones with low profit margins?
    Government price control
    Phones are not important anymore soon
    To build a large user base and ecosystem
    Because it lacks technology
  •  15
  • Which company would struggle the MOST without China’s manufacturing system?
    Huawei
    BYD
    Tiktok
    Alibaba
  •  15
  • Which sentence BEST summarises the relationship between policy and business in China?
    Companies operate without policy influence
    Government controls all companies
    Policy blocks innovation
    Policy and market interact closely
  •  15