The rapid development of information technology – including the Internet, big data analytics and cloud computing – has dramatically transformed Chinese consumption habits.
The rapid development of information technology – including the Internet, big data analytics and cloud computing – has dramatically transformed Chinese consumption habits. Government support and an influx of capital have sparked a consumption revolution in the digital retail sector, slashing operating costs and optimizing people’s shopping experience. This revolution includes a deepening integration of online and offline services, and upgraded production, logistics and sales using technologies like big data analytics and artificial intelligence. As things have changed, government supervision has evolved from single law enforcement to joint law enforcement, from the supervision of products to the supervision of services, and from administrative methods to the use of modern technology incorporating big data.
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