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Thursday, April 26, 2018
"Takeaway economy" cannot brig future competition for China
ANBOUND

The capital in the Chinese market likes to pursue sharing economy, takeaway economy and other fields. First, it is related to the "double creation" and the internet "new economy" trends in China in recent years. The government encourages the trends; the capital flows in, while the public joins in. The second is related to the current environment of excess capital. With the surge of capital, all kinds of social capital are driven to pursue the risks. A small number of Internet giants used IP to play big capital games and formed the "Matthew Effect" in the capital field. What is certain is that a large amount of capital investment in takeaways and bike sharing cannot bring about a systematic upgrade of Chinese industries. To change the investment situation, there must be changes in the investment outlook of the government and the market.

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