China: GMIC And CHINICT Tech Conferences In Beijing: Learnings From China

Great article on techcrunch about a Beijing tech conference; was in town a month ago, too bad I missed it, would have been great to attend:

After exploring the mobile and Internet landscapes in Shanghai and Beijing, the GeeksOnAPlane (GOAP) group (30+ techies mostly from the Silicon Valley) continued their Asian field trip to Korea today. In Beijing, the GOAP attended two of China’s largest tech conferences: CHINICT, “the largest conference on China tech innovation” (which was livestreamed on TechCrunch), and the “Global Mobile Internet Conference” (GMIC), both of which are held in the city every year.

The GOAP got in touch with and gained unfiltered insight from dozens and dozens of local entrepreneurs, VCs and industry observers during the conferences and the events that took place around them. What follows are just a few learnings and impressions the GOAP group picked up during their China web crash course in Beijing (the size of the tech landscape is summarized in my previous post).

GeeksOnAPlane at the GMIC And CHINICT Tech Conferences In Beijing: Learnings From China.

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Doing business in China

I traveled to Beijing to meet truckers and brokers first-hand while performing market research with Xin Tian You (XTY). Xin Tian You (XTY) was founded by industry veterans with the vision to transform the Chinese transportation industry. China has 26M truckers, approximately 12M trucks (85% individually owned/operated), and hundreds of thousands of information brokers. Shipping and truck information market is highly fragmented, inefficient, and lacks transparency; return-trip logistics is problematic and costly. XTY created a mobile app that puts shipment info at truckers’ fingertips, helping them reduce costs and wait time for finding return-trip cargo.