From manufacturing to powering services: China's economic shift

单集文稿 ...

• 00:01

  cutting through an overload of information to get to the heart of the story.

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  This is The Point.

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  When you think of China, what comes to mind?

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  Manufacturing, manufacturing, manufacturing.

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  But data actually tells a different story.

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  According to official figures, China's service sector generated some 12 trillion US dollars in added value last year,

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  accounting for some 60% of China's GDP.

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  With services now forming the backbone of the economy,

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  efforts are underway to foster higher quality, more diverse and more accessible consumer services.

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  Now, the sector is projected to exceed 15 trillion US dollars by 2030.

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  What new consumption trends and scenarios will this transformation create?

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  How will technology reshape the service industry?

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  And what opportunities will it open up for international businesses and consumers?

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  Welcome to this special edition of our series on China's service sector.

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  I'm Li Xin, coming to you from the heart of Beijing.

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  Our case in point today is digital mapping in China.

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  A Chinese company that's using AI technology to enhance services for both domestic and international users.

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  I 'll first sit down with a company representative, then I 'll try it out with an American counterpart

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  before sitting down with an industry expert to bring you the full picture.

• 01:51

  I'm here at the AMAP headquarters in Beijing, and my guest is Mr. Li Gang, Vice President for Content Ecosystem of AMAP.

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