Car software developers like Alibaba-backed start-up Banma are becoming more important to the automobile market because the car of the future increasingly resembles a rolling, very complex smartphone. It is defined by its software, which can be easily updated wirelessly. Chinese companies are very active and successful in this field.
By Frank Sieren
In order to live up to its claim to technical leadership, Beijing has recognized the power of determining standards. Newly published guidelines show Beijing's two-pronged approach: Its domestic standards system is to be unified and is to gain more significance internationally.
By Amelie Richter