The successful launching of the new type of CZ-5 rocket, the high-tech weapons in Airshow China Expo at Zhuhai and the increasing popularity of the internet; all these show that while certain industries are experiencing difficulties in the midst of economic development in China, other industries are booming. What does this show and what will the future hold? Anbound's senior researcher Chan Kung believes that China is on the eve of the innovation and technological revolution, and has yet to develop maturely; though at the same time, China needs to be aware of Luddite fallacy. Concerning the controversial car-hailing app development policy, the local governments should make encouraging development as the main goal and implement flexible policies.