Internet technology boost china in next 10 years :: essays research papers

INTERNET TECHNOLOGY exploitation BOOST CHINA FURTHERA perspective look at the countrys transition in next decade coitus to cyberspace technologyBo Li, School of Technology & ManagementSubmit to Mr. capital of Minnesota ReynoldsINTRODUCTIONSince 1980 chinas economy has grown by more(prenominal) than 9 pct a year. The country now manufactures 75 percent of the worlds toys, 58 percent of the cloths, and 29 percent of the fluent phones. More than $1 billion in foreign direct investment arrives each week. By 2008 china go forth be the worlds third largest exporter, and by the decades end its economy will be larger than that of either France or United Kingdom (Emmanuel, et al., 2004). chinas GDP in 2004 growth by 9.5 percent to G851,072 billion and IT(information technology)s contributions account for 25 percent. It is predicted that the IT market will growth by 15.8 percent every year to 2009.Economists are curious to know how want will mainland Chinas strong economy be. Whe n the advantage of first base labor costs in China will subside in the future tense, what will support its fast growing economy? According to China lucre Network Information Center (CNNIC)s 2005 report, 94 gazillion profits user and half of them are using broadband connection. China now has 4 internet-based companies listed in NASDAQ. As they reported profit since the SMS problem introduced in 2002, many economists think there will be an internet technology boom in China again. IT industries in developed countries now are facing both challenge and opportunity since many mergers and science happened in west countries from Chinese maker. That what will happen in China on internet technology in the next 10 long time will affect every international business around the world.This carry begins with the analysis of upcoming internet technologyXexamining the effect of future internet technology and Chinas policy Xand then move on the analysis of the impact of internet technology on Chinas industries in next decade as well as its future contribution to the countrys stellar growth.Internet Era tho BeginInternet will change more dramatically in the next decade than it has during its entire history. We have just seen the beginning of what the Internet can do for use as a revolution in communications and the way business is done (Gates, 2000). Internet application had move from transaction phase to platform phase at the beginning of this decade. at that place are some trends will be prevailed. Wireless connection on multi-deviceWireless connection between different devices at high further is probably the key component that is really going to take the scenarios of mandate that we have always believed in and make them a reality.