China is abuzz with the term “internet+” which was coined by Tencent’s Pony Ma in 2013 and discussed again recently with Chinese Premier Li Keqiang. The term is a call to action to leverage internet technologies to advance China’s development across the “real” economy.
Example includes Alibaba’s Ant Financial group as “Internet+ financial services” or Xiaomi’s smart home efforts or recent support around ride sharing apps. Maybe it is not really anything new but expect more companies to promote their telemetric or M2M solutions as being aligned with China’s goals of Internet+ [insert word].
