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