Internet Technology Boost China In Next 10 Years
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|Internet technology boost china in next 10 years
INTERNET TECHNOLOGY DEVELOPMENT BOOST CHINA FURTHER
A perspective look at the country¡¦s transition in next decade relative to internet technology
Bo Li, School of Technology & Management
Submit to: Mr. Paul Reynolds
Since 1980 China¡¦s economy has grown by more than 9 percent a year. The country now manufactures 75 percent of the world¡¦s toys, 58 percent of the cloths, and 29 percent of the mobile phones. More than $1 billion in foreign direct investment arrives each week. By 2008 China will be the world¡¦s third largest exporter, and by the decade¡¦s end its economy will be larger than that of either France or United Kingdom (Emmanuel, et al., 2004). China¡¦s GDP in 2004 growth by 9.5 percent to ¢G851,072 million 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...
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