The Present and Prospect of China IT industry
Shin-Il Liu
Abstract
Shin-Il Liu
Abstract
China has been aware of the urgent need of developing electronic and information industry in order to improve its productivity. Since 1991, IT industry has been one of the main factors to influence China's economic growth. In the results of the efforts to develop its IT industry, China has achieved average 25% yearly growth rate of IT manufacturing industry since 1991. We will take a look at haw the main IT products' performances was, how the role of IT industry was in China economy and in China's trade and how the prospect of China IT industry will be. However, we need to know that, depending an the different areas, the environment of the China's IT industry will be quite different. In China, the east coastal area has the better environment of technology, menpower, infrastructure, and fund for the development of IT industry and the IT industry of this area is very competitive, comparing with the middle and west area.
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China has been aware of the urgent need of developing electronic and information industry in order to improve its productivity. Since 1991, IT industry has been one of the main factors to influence China's economic growth. In the results of the efforts to develop its IT industry, China has achieved average 25% yearly growth rate of IT manufacturing industry since 1991. We will take a look at haw the main IT products' performances was, how the role of IT industry was in China economy and in China's trade and how the prospect of China IT industry will be. However, we need to know that, depending an the different areas, the environment of the China's IT industry will be quite different. In China, the east coastal area has the better environment of technology, menpower, infrastructure, and fund for the development of IT industry and the IT industry of this area is very competitive, comparing with the middle and west area.
Key concepts: China, Business, Order (exchange), Industry of China, Productivity, International trade, Economy, Economic growth