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Apple’s entry has benefitted consumers. Apple’s entry brought competition where none?existed. Amazon still has a dominant share in eBook and physical distribution, with significant?power it often leverages over the producers and consumers of books to the detriment of both.?But prior to Apple’s entry, Amazon effectively stood alone and unchallenged. No longer.

As China sealed a big-ticket free trade deal with partner countries this year, Liang Jun, president of the Guangdong Association of State-owned Capital which is based in Guangzhou, said Chinese companies must not only be aligned with the country's goals for the development of the domestic economy, but also pay close attention to global commercial trends.

As China's most diversified insurer, Ping An has tapped into sectors from banking and financial services to the internet and health care. The number of its internet users has reached as many as 538 million.

Argentine official urges public to comply with health measures against COVID-19 - World - Chinadaily.com.cn

As China further opens up the VC industry and competition intensifies, domestic players will become more capable, Zhou said.