JD(US:JD) Jing Ji Ri Bao·2025-07-15 22:06Core Viewpoint - The article discusses the dual aspects of China's innovation, highlighting the importance of both technological breakthroughs and the convenience of services like food delivery, which cater to employment and daily life needs [1][4]. Group 1: Market Dynamics - Major platforms like Meituan, Taobao, and JD.com are heavily investing in food delivery services, pushing the competition to new heights during events like "Super Saturday" [1]. - Consumer engagement is high, with various discounts and promotions leading to record-breaking order volumes [1]. Group 2: Consumer Behavior - A significant portion of consumers frequently order food delivery, with 32.34% ordering 5 to 10 times a week, indicating a higher frequency compared to e-commerce shopping [2]. - The appeal of China's food delivery system is not limited to domestic consumers; foreign visitors are also impressed by the speed and convenience of the service [2]. Group 3: Urbanization Impact - China's rapid urbanization has resulted in over 940 million urban residents by the end of 2024, creating a dense population that drives daily food delivery demand [3]. - The urbanization process has provided a large pool of delivery personnel and a high volume of orders, enhancing the efficiency of food delivery services [3]. Group 4: Innovation Perspective - The article contrasts the roles of hardware manufacturers like Nvidia with service-oriented platform companies, emphasizing that the latter focus on building service ecosystems rather than manufacturing [4]. - The discussion reflects a broader concern about innovation in China, suggesting that both high-tech breakthroughs and everyday services are essential for the country's development [4].