We take a look at the creativity from the 10 most innovative companies in China. China has been becoming stronger and stronger in recent years. The most populated country in the world continues to be one of the fastest growing economies today. They’ve been dominating industries like production and shipping. They’ve also had a hand in a lot of breakthroughs in the industries of construction, research, science, and development.
Innovation is not a simple task to do. You have to take an old idea and bring a new spin to it. It is an upgrade of sorts. It is not easy to do when you consider all that has been done to improve a product to its present standards. It’s also difficult when you consider many other companies trying to do the same – improve known products. Sometimes all it takes is an idea and a group of people willing to invest money and time. Most of the new things we enjoy today were products of mistakes and crazy ideas.
With the level of innovation China has been showing, it’s not hard to believe that a few Chinese companies are included in the 11 Most Innovative Companies in the World. Now let’s find out what these most innovative Chinese companies did starting with number 10:
10. CooTek
CooTek came up with an interesting way to innovate. It improved one of the mundane things people do using modern technology, typing. With their software upgrades and programs, typing is now easier and accessible. CooTek is responsible for digital keyboards incorporating touch typing.
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9. YY
YY is now considered as one of the great innovators of Chinese modern TV. They started out as a network for gaming, specifically hard-core gamers. Recently, they’ve gained a strong popularity boost because of their karaoke competition program. This competition has also been giving them a significant boost in revenue.
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8. Baidu
Baidu is often called the Google of China. A lot of the innovations they make involve integrating familiar technology with the power of the internet. They’ve created Wi-Fi controlled cameras, video cloud uploading, speech translators, and many other things.
7. Phantom
Phantom has been noticed a lot because of their efforts in integrating smartphones with home appliances. Instead of using your home appliances manually, you can now control all of them using an app. This app allows one to control air quality, temperature, moisture, and lighting.
6. Geak
Geak has innovated clothing in such a way that it can now integrate modern technology. One of the well-known products they’ve created is called the smart ring. This ring integrates your profile and identity to other accessories and electronics you own. You can even share your information quickly with another ring wearer. Surprisingly, this ring only costs $30.
5. Tencent
Tencent created the popular social media app Weixin, or what international users know as WeChat. The popularity of this social media messaging app has soared in China mainly because Facebook is still blocked in the country. Weixin is the only China-made social media network that has reached a global audience.
The best of these Chinese companies are yet to be mentioned in this list of the 10 most innovative companies in China.
4. Haier
Haier’s innovation is a risky one and something that many may not have thought of. They effectively gave a new point of view for management in China. The company essentially cut middle management and allowed people and teams to bid for projects. Employees also have the option to oust ineffective leaders. These big management decisions have increased their revenue massively.
3. Wild China / Nisiss / Mary Ching
These three companies take the third spot as they are considered the luxury brands of China. One thing that China companies have over international companies is their ability to mix Chinese culture and history into their products. They’ve also successfully branched outside of China’s major cities and into the less urbanized.
2. BGI
BGI has become one of the leading innovators in science internationally. They’ve managed to compile and create projects using biological genomes. These projects are attracting scientists and companies from different parts of the world. Think of their project as a Google for DNA. They hope to map out different genomes and make breakthroughs for DNA-related studies.
1. Xiaomi
Xiaomi is one of the leaders in production and sales of Smart technology. They’ve had a significant increase in revenue for their Smartphones, Smart TVs and other devices. One of the major selling points for Xiaomi’s phones is the low cost in contrast to the numerous features their phones provide. They’ve also been hitting the mark with app sales for their mobile market.
There you have it the 10 most innovative companies in China. These are definitely some companies to look out for in the near future.
