Where are the 10 most innovative companies in China?
The website Fast Company specialized in innovation, technology, economics (ethical economics), leadership, and design has realized the top 10 of the most innovative companies in China. You will find below the results :
10. Huawei
Huawei Technologies Co. Ltd.. (华为 技术 有限公司) is a company founded in 1988 and active in the field of information technology and communication.
The traditional business of Huawei is the supply in telecommunications network operators: the company provides hardware, software, and services for telecommunications network operators and network businesses.
Since 2009, Huawei also sells own-brand mobile phones, Android.
In 2011, Huawei develops itself in the terminal market and business solutions (cloud computing, data centers, security …)
9. Alibaba
Alibaba (阿里 吧 吧) is a Chinese e-Commerce website. It’s the largest website for online sales for businesses worldwide.
This company is possessed by its founder Jack Ma (7.4% ) and more than by Yahoo (33%).
In 2012, Alibaba Group had three of the top 100 most visited sites in the world: Taobao (10th), Alibaba (70th), AliPay (74th). Find more about e-commerce in China in this article.
8. Innovation Works
Innovation Works is the first incubator in China for technology start-ups.
Based in Beijing and Shanghai, it was established in 2009 by Dr. Lee Fai-Ku (the previous CEO of Google China) in collaboration with Innovation Works Development Fund.
The objective is to invest in the most promising technology teams in China (public Internet, mobile Internet, cloud …).
7. BYD
BYD Auto (比亚迪 汽车) based in Shenzhen (China) is a Chinese battery manufacturer. The company BYD is also the fourth Chinese car brand.
Founded in 1995, BYD has 65% of the global market for nickel-cadmium batteries and is the world leader in lithium-ion batteries with a 30% market share.
In 2003, the company has decided to enter into the automobile and she wants to impose hybrid or all-electric vehicles and aims to become the world’s largest automaker by 2025.
“Build Your Dreams” is the slogan of the brand.
6. Renren
Renren (校内 网) is a very popular social network that was recently traded in China.
In August 2009, Xiaonei officially changed its name to Renren (人人).
5. Suntech Power
Suntech Power (尚德) is a Chinese company and one of the most dynamic solar energy companies in the world. Suntech Power is the leading manufacturer of photovoltaic cells. Suntech is listed on the New York Stock Exchange since 2005.
4. Lenovo
Lenovo (联想) is a Chinese company that mainly manufactures computers, phones, workstations, computer servers, and connected TV. Founded in 1984 by Liu Chuanzhi, the brand became known worldwide in 2005 by acquiring the IBM personal computer division and becoming the third largest manufacturer of PCs. Lenovo became number one in the world in the third quarter of 2012.
3. United Styles
Based in Shanghai, United Styles is a totally new experience in women’s fashion: you design, create and buy your own clothing that is unique, and for a very attractive price.
2. Green Box
Based in Shanghai, GreenBox is a platform for e-commerce selling clothes for children in China.
1. Tencent
Founded in November 1998 by Zhang Zhidong, the Tencent Group has established itself as one of the major players in the technology industry in China, using QQ messaging and online games.