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Digital technology will give a push to the shift, revitalizing sluggish sectors and creating new growth points.

Domestic Chinese coffee chain Luckin Coffee on Wednesday opened three stores at Beijing Daxing International Airport as part of its increased efforts adding physical stores in prominent locations.

Didi Chuxing, China’s largest ride-sharing company, announced on Tuesday that it will soon launch a comprehensive bike-sharing platform within its app, which will integrate Ofo Inc, Bluegogo, and other potential bike-sharing partners, as well as Didi’s upcoming own-branded bike-sharing service.

Domestically, the government's subsidy on the purchase of electric cars, environmental pressure to cut emissions and the decline in the battery price are boosting the industry.

Digital immediately springs to mind because of the government's long-standing efforts to push innovation. China is at the forefront of digital innovation through world-class tech giants such as BAT (Baidu Inc, Alibaba Group Holding Ltd, and Tencent Holdings Ltd).