China considered a tech world leader

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Bao Xu, senior researcher at the Hakuhodo Institute of Life and Living Shanghai, delivers a speech in Beijing on Dec 11, 2018. [Photo /]

China is considered a world leader in technology use, according to the latest report on the Dynamics of Chinese People.

The report, published this week in Beijing, found that Chinese people use technological products and services more frequently than those in the United States and Japan, said Bao Xu, a senior researcher at the Hakuhodo Institute of Life and Living Shanghai.

About 83 percent of people in China use cashless payments, while in the US and Japan, the figures are 32 percent and 35 percent respectively, according to an online study.

China is also considered a leader in the on-demand economy, with people in China recording high usage figures for food-ordering apps, shared bicycles, car-hailing apps and online supermarkets, Bao said.

China's food-ordering market last year stood at $204.6 billion, up from $166.2 billion in 2016, according to a 2017 report on China's food ordering by Meituan Dianping Research Institute.

China is also leading in industrial innovation, particularly in the automobile, information and logistic industries, said Huang Jinghua, professor of advertising at the Communication University of China.

China's new-energy vehicles sales topped world rankings for the third consecutive year in 2017, and the country's shipment of internet-enabled vehicles also ranked first in the world in the same year, the report said.

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