{"id":6820,"date":"2021-01-11T09:34:15","date_gmt":"2021-01-11T09:34:15","guid":{"rendered":"https:\/\/focus.cbbc.org\/?p=6820"},"modified":"2025-04-23T09:57:18","modified_gmt":"2025-04-23T09:57:18","slug":"three-areas-of-growth-we-can-expect-from-china-in-2021","status":"publish","type":"post","link":"https:\/\/focus.cbbc.org\/three-areas-of-growth-we-can-expect-from-china-in-2021\/","title":{"rendered":"Three areas\u00a0of growth we can expect from China in 2021"},"content":{"rendered":"

Dao Insights share their China predictions for 2021 in three key areas: digital society, healthy lifestyles and travel trends.<\/span><\/h2>\n

<\/u><\/u>It\u2019s no secret that 2020 was a year many would like to forget. But while much of the global community is still grappling with the Covid-19 pandemic in 2021, China is in a quite different situation. In fact, thanks to strict lockdowns in areas where cases pop up, the country managed to turn the rudder 180 degrees, ramped up domestic consumption, and is <\/span>heading for a 7.9%\u00a0GDP increase in 2021<\/span>, according to the World Bank. <\/span><\/u><\/u><\/u><\/u>Here are the three main areas of change based on <\/span>key trends that emerged in 2020.<\/span><\/u><\/p>\n

<\/u>1. China\u2019s digital society will advance to new heights in 2021<\/b><\/span>\u00a0<\/span><\/u><\/u><\/h2>\n

Think of China these days and it\u2019s hard not to talk about its technology and digital advancements which, quite often, are ahead of many Western countries\u2019. Here’s what we can expect from digital China in 2021:<\/span><\/u><\/p>\n

Digital governance\u00a0<\/b><\/span>\u00a0<\/span><\/u><\/u><\/h4>\n
\"Digital

Beijing is encouraging the use of electronic chops and seals to verify documents<\/p><\/div>\n

<\/u><\/u>With\u00a0<\/span>940 million internet users<\/span><\/a>, China has used digital transformation as a new means to modernise China\u2019s governance and make it more convenient for citizens. In the past four years around 600 million users via Alipay alone gained access to urban services, including payment for electricity, water and property management fees.<\/span>\u00a0<\/span><\/u><\/u><\/p>\n

The digitalisation of documentation<\/a> has also extended to the property market, allowing Beijing residents to purchase Beijing-based properties wholly online since 1 January 2021, ending the need to visit registration halls in person.<\/span>\u00a0<\/span><\/u><\/u><\/p>\n

Beijing residents can purchase Beijing-based properties wholly online since 1 January 2021<\/span><\/p><\/blockquote>\n

This is only the start for the Chinese government, as the expansion of e-government services will be ongoing in 2021. For example, Beijing is encouraging the use of <\/span>electronic chops\u00a0and\u00a0seals\u00a0to\u00a0verify\u00a0online\u00a0documents<\/span>, enabling bureaucracy to become quicker and more convenient.\u00a0Electronic certificates for medical services and payments will also come into force next year, which brings us to the next digitalised sector.<\/span>\u00a0<\/span><\/u><\/u><\/p>\n