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Shared Restructuring

China's sharing economy continues to push service sector growth

Implications - As China's burgeoning sharing economy continues to become intertwined with the government's work to restructure with an emphasis on transparency, a number of emerging apps hope to empower Chinese consumers with peer-to-peer platforms that maximize its potential for all stakeholders. This progression demonstrates that despite various challenges related to regulation, the sharing economy is poised to contribute to considerable service sector growth in the Chinese economy.
Workshop Question - How could you adapt your product or service to offer it in the sharing economy?
Trend Themes
1. Peer-to-peer Platforms - The emergence of peer-to-peer platforms in China's sharing economy presents opportunities for shared restructuring policies.
2. Expansion Into New Markets - Chinese ride-sharing services like Didi Chuxing plans to expand into new markets, such as Mexico, opening opportunities for other markets around the globe.
3. Personalized Services - 1919.com offers a personalized and innovative experience to Chinese wine and spirits enthusiasts through its live sommelier service, catering to the growing wine market in China.
Industry Implications
1. Hospitality Industry - The opportunities presented through Xiaozhu, China's Airbnb and promises more humanized and social accommodation options, offer a glimpse of the potential of a sharing economy for the hospitality industry in China.
2. Personal Transportation Industry - The introduction of electric, car-sharing vehicles like the Honda Everus presents a glimpse into the evolving consumer preferences for personal transportation and future disruption in the industry.
3. Food Service Industry - On-demand meal apps like E Le Me highlight the potential of food-sharing options for small restaurants in China and can help increase their profitability within the industry.
3.3
Score
Popularity
Activity
Freshness
Patterns
Megatrends
6 Featured, 53 Examples:
92,748 Total Clicks
Date Range:
Aug 15 — Aug 18
Trending:
Average

Featured Examples

Social Media-Friendly Coffee Houses
Social Media-Friendly Coffee Houses
.Jpg Cafe Offers an Escape from the Bustling City
Coffee houses and social media go hand-in-hand and China’s .jpg cafe is taking this concept one step further through creating an interior that’s ideal for a photo sharing generation.... MORE
Chinese Ride-Share Expansions
Chinese Ride-Share Expansions
China's Didi Chuxing is Planning its First Out-of-Country Push
Uber and Lyft may be the leading ride-share services in North America, but Chinese based Didi Chuxing may be competition as it plans an expansion into Mexico. While the company has yet to comment on... MORE
Electric Car-Sharing Concepts
Electric Car-Sharing Concepts
The Honda Everus is a Small-Scale EV Designed for Shared Use
As many young consumers are shying away from vehicle ownership in favor of car-sharing models, forward-thinking concepts like the Honda Everus are being unveiled. The Honda Everus, revealed by the... MORE
On-Demand Meal Apps
On-Demand Meal Apps
The 'E Le Me' Food Delivery App Serves Meals from Small Eateries in China
If you’re ever hungry in China, you should check out the mobile food delivery app ‘E Le Me.’ It is one of many dozens of emerging food delivery apps in the country. In busy and... MORE
Chinese Room Booking Sites
Chinese Room Booking Sites
Xiaozhu is a Chinese Booking Service for Short-Term Room Rentals
Xiaozhu is a Chinese booking website used by consumers to find short-term accommodations and daily room rentals. Xiaozhu has been called China’s Airbnb and offers a guarantee for all... MORE
On-Demand Sommeliers
On-Demand Sommeliers
China's 1919.com Offers Personalized Sommelier Service in China
China’s 1919.com is the country’s leading wine and spirits e-commerce company but it’s hoping to expand its presence through a new personalized sommelier service. Available via the... MORE

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