国内英语资讯:Economic Watch: The clash - and cash - of Chinas internet titans
<p><span word="BEIJING">BEIJING</span>, <span word="Aug">Aug</span>. 20-- <span word="Jack">Jack</span> <span word="Ma">Ma</span>, <span word="the">the</span> <span word="charismatic">charismatic</span> <span word="head">head</span> <span word="of">of</span> <span word="Alibaba">Alibaba</span>, <span word="and">and</span> <span word="Ma">Ma</span> <span word="Huateng">Huateng</span>, <span word="CEO">CEO</span> <span word="of">of</span> <span word="Tencent">Tencent</span>, <span word="are">are</span> <span word="locked">locked</span> <span word="in">in</span> <span word="a">a</span> <span word="tense">tense</span> <span word="race">race</span> <span word="to">to</span> <span word="become">become</span> <span word="the">the</span> <span word="richest">richest</span> <span word="person">person</span> <span word="in">in</span> <span word="China">China</span> <span word="and">and</span> <span word="Asia">Asia</span>.</p><p><span word="With">With</span> <span word="market">market</span> <span word="values">values</span> <span word="of">of</span> <span word="more">more</span> <span word="than">than</span> 300 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span> <span word="each">each</span>, <span word="Alibaba">Alibaba</span> <span word="and">and</span> <span word="Tencent">Tencent</span> <span word="are">are</span> <span word="now">now</span> <span word="China">China</span>'<span word="s">s</span> <span word="biggest">biggest</span> <span word="companies">companies</span>, <span word="a">a</span> <span word="stark">stark</span> <span word="contrast">contrast</span> <span word="to">to</span> <span word="just">just</span> <span word="five">five</span> <span word="years">years</span> <span word="ago">ago</span> <span word="when">when</span> <span word="no">no</span> <span word="tech">tech</span> <span word="company">company</span> <span word="even">even</span> <span word="made">made</span> <span word="the">the</span> <span word="top">top</span> 10.</p><p><span word="Anyone">Anyone</span> <span word="seeking">seeking</span> <span word="to">to</span> <span word="decode">decode</span> <span word="the">the</span> <span word="secrets">secrets</span> <span word="behind">behind</span> <span word="the">the</span> <span word="rise">rise</span> <span word="of">of</span> <span word="the">the</span> <span word="two">two</span> <span word="stellar">stellar</span> <span word="companies">companies</span> <span word="could">could</span> <span word="do">do</span> <span word="worse">worse</span> <span word="than">than</span> <span word="just">just</span> <span word="look">look</span> <span word="around">around</span> <span word="any">any</span> <span word="Beijing">Beijing</span> <span word="subway">subway</span> <span word="carriage">carriage</span>.<span word="Almost">Almost</span> <span word="every">every</span> <span word="passenger">passenger</span>, <span word="young">young</span> <span word="or">or</span> <span word="old">old</span>, <span word="white">white</span> <span word="collar">collar</span> <span word="or">or</span> <span word="construction">construction</span> <span word="worker">worker</span>, <span word="is">is</span> <span word="very">very</span> <span word="likely">likely</span> <span word="to">to</span> <span word="have">have</span> <span word="their">their</span> <span word="eyes">eyes</span> <span word="fixed">fixed</span> <span word="on">on</span> <span word="a">a</span> <span word="smartphone">smartphone</span> <span word="screen">screen</span>.</p><p><span word="And">And</span> <span word="they">they</span> <span word="are">are</span> <span word="not">not</span> <span word="just">just</span> <span word="playing">playing</span> <span word="Tencent">Tencent</span>'<span word="s">s</span> <span word="popular">popular</span> <span word="game">game</span> "<span word="Honor">Honor</span> <span word="of">of</span> <span word="Kings">Kings</span>," <span word="or">or</span> <span word="chatting">chatting</span> <span word="with">with</span> <span word="friends">friends</span>. <span word="They">They</span> <span word="order">order</span> <span word="groceries">groceries</span>, <span word="transfer">transfer</span> <span word="money">money</span>, <span word="watch">watch</span> <span word="movies">movies</span>, <span word="read">read</span> <span word="books">books</span>, <span word="book">book</span> <span word="holidays">holidays</span>, <span word="or">or</span> <span word="even">even</span> <span word="manage">manage</span> <span word="their">their</span> <span word="stock">stock</span> <span word="market">market</span> <span word="portfolios">portfolios</span>.</p><p><span word="As">As</span> <span word="in">in</span> <span word="many">many</span> <span word="other">other</span> <span word="areas">areas</span> <span word="of">of</span> <span word="the">the</span> <span word="economy">economy</span>, <span word="the">the</span> <span word="scale">scale</span> <span word="and">and</span> <span word="speed">speed</span> <span word="of">of</span> <span word="the">the</span> <span word="change">change</span> <span word="in">in</span> <span word="China">China</span>'<span word="s">s</span> <span word="digital">digital</span> <span word="sector">sector</span>, <span word="the">the</span> <span word="mobile">mobile</span> <span word="internet">internet</span> <span word="in">in</span> <span word="particular">particular</span>, <span word="is">is</span> <span word="staggering">staggering</span>.</p><p><span word="Over">Over</span> 750 <span word="million">million</span> <span word="Chinese">Chinese</span>, <span word="more">more</span> <span word="than">than</span> <span word="half">half</span> <span word="the">the</span> <span word="population">population</span>, <span word="are">are</span> <span word="now">now</span> <span word="online">online</span>, 96 <span word="percent">percent</span> <span word="of">of</span> <span word="them">them</span> <span word="via">via</span> <span word="smartphone">smartphone</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="China">China</span> <span word="Internet">Internet</span> <span word="Network">Network</span> <span word="Information">Information</span> <span word="Center">Center</span> (<span word="cnnIC">cnnIC</span>).</p><p><span word="Mobile">Mobile</span> <span word="data">data</span> <span word="traffic">traffic</span> <span word="hit">hit</span> 9.4 <span word="billion">billion</span> <span word="gigabytes">gigabytes</span> <span word="in">in</span> 2016, <span word="more">more</span> <span word="than">than</span> <span word="ten">ten</span> <span word="times">times</span> <span word="the">the</span> <span word="amount">amount</span> <span word="in">in</span> 2017. <span word="Data">Data</span> <span word="traffic">traffic</span> <span word="by">by</span> <span word="mobile">mobile</span> <span word="phone">phone</span> <span word="in">in</span> <span word="H">H</span>1 <span word="this">this</span> <span word="year">year</span> <span word="was">was</span> 8.9 <span word="billion">billion</span> <span word="gigabytes">gigabytes</span>, <span word="more">more</span> <span word="than">than</span> <span word="double">double</span> <span word="the">the</span> <span word="same">same</span> <span word="period">period</span> <span word="last">last</span> <span word="year">year</span>.</p>
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