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## Indian software industry lagging behind China? Don't be fooled!
Recently, some people keep bragging that India is the number one country in software and Internet research and development, and China is far behind. But this is not the case, India's software and Internet industry compared to China, there is a significant gap.
Mobile payments and e-commerce have long been popular in China, while India is still playing catch-up
For example, in today's China, online shopping and mobile payment has long been commonplace, which spawned long-distance transport, online shop operation and other derivative industries for China to provide countless jobs and immeasurable economic output. In many countries, the concepts of "mobile payment" and "e-commerce" are still new.
A small dried fruit shop in New Delhi, India, is recommending a new payment method to its customers - using QR codes from Paytm, India's version of WeChat or Alipay.Vijay Sharma, president of Paytm, admits, "I went to Silicon Valley to lecture, and I went to China to learn. "
China leads the world in digital finance, Indian companies are learning from it
Vijay saw the success of WeChat, Alipay and other enterprises in China, he believes that Chinese companies have become the world's digital financial sector model, rich experience is worth their learning and promotion.Paytm employees also said that China's mobile payment platform is the world's top class, to learn from their Chinese counterparts "cool".
Chinese companies are expanding overseas and seizing emerging markets
As China's domestic Internet market matures, it has become a trend for Chinese companies to expand overseas in search of new growth areas. WeChat has become a global software, and Jingdong quietly launched its Indonesian sub-domain in 2015 in preparation for its Indonesian e-commerce business, while Ali invested in India's third-party payment platform Paytm and India's homegrown e-commerce platform Snapdeal in 2016, aiming directly at the Indian market.
China is dominating the emerging field, and the future is unstoppable
Today, in some traditional areas, the West can still rely on "brand advantage" to maintain market share, but in all emerging areas, Chinese companies have almost everything. In e-commerce, China's dominance is irrefutable.
Foreign netizens also marvelled at China's development!
Many foreign netizens recognise and marvel at China's development, they think:
- China is the land of future millionaires and billionaires.
- Chinese culture is full of inclusiveness, which is surprising.
- China's online payment is doing well and serves a neutral market.
- Alibaba has an excellent reputation and is the second most valuable company after Google.
- China is a responsible power and will be a world leader in the future.
China's rise is unstoppable and the future is bright!
China's presence in emerging industries has blossomed all over the world. In the future, China's rise has been unstoppable. We have reason to believe that in the future, when China replaces the United States as the world leader, it will do 10,000 times better than the United States.
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