China moves from imitator to innovator
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 2 December 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
Chinese tech giants are gaining further ground in innovation, with development in e-commerce, social media and more, even outstripping the west. Rebecca Fannin, author of Tech Titans of China, explains the rapid growth and how it’s changing domestic consumption. But amid concerns of Chinese state intervention and difficulties in translating domestic apps for a global market, can Chinese tech companies truly enter the world stage? William Bao Bean of Chinaccelerator explains how AI can help tech firms adapt to foreign markets. (Picture: A customer making a payment on a self-service cashier at a supermarket in Jiangsu province, China. Picture credit: Zhang Peng/LightRocket via Getty Images)
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello, I'm Ed Butler and welcome to Business Daily from the BBC. Today, China, the new |
| 0:07.7 | cutting edge for global technology. China is getting ahead not only in new retail, but in mobile |
| 0:15.4 | payments, in facial recognition, electric vehicles, drones. |
| 0:23.9 | All of these things are in fast motion in China. |
| 0:30.2 | But amidst fears over snooping and security, can China really enter the global stage? |
| 0:36.7 | Some of this technology that is rising, there are concerns about data being leaked or stolen. |
| 0:39.7 | That's all to come in Business Daily from the BBC. |
| 0:54.6 | A grocery store like you've probably never seen one before. This is downtown Shanghai, a maze of conveyor belts delivering food at the touch of a screen. |
| 1:00.3 | Product details provided for everything, sell-buy and package history. |
| 1:04.7 | All online. |
| 1:05.9 | There are even facial recognition systems, so you don't need a credit card to pay for it all. |
| 1:13.1 | The Alibaba supermarket really makes the Whole Foods grocery store in my New York City |
| 1:18.8 | neighborhood look very antiquated. |
| 1:21.3 | Run by local tech giant Alibaba, the UK consumer and technology commentator Rebecca Fanon, |
| 1:27.2 | says this is the latest in Chinese technology |
| 1:30.1 | and it's a glimpse into the future of shopping everywhere. |
| 1:33.7 | There's no cash or cashiers or checkout lines. It's all digital. You pay by mobile app, |
| 1:40.4 | Ali pay. There are do-it-yourself kiosk that are equipped with digital cameras, |
| 1:45.0 | the scan and ID your face, so facial recognition is in there. The grocery orders are bagged |
| 1:50.6 | and clipped to an overhead conveyor belt that runs across the store, and deliveries happen |
| 1:55.7 | within 30 minutes by scooters within a 3-kilometer zone. There are also augmented reality screens that are |
| 2:03.3 | in the supermarket positioned above fresh foods that tell you what time the delivery was made, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.