Internet Economy in China in the 21 Century

As the important part of the Knowledge Economy, Internet Economy is growing up rapidly, and becomes the new driving force of the world economy increment. Internet Economy makes service industry, which based on information technology, become the leading industry in the country, the process of economy globalization speed up ,and international investment, international trade, transnational production further develop, transnational corporation and transnational operation occupy the guiding status in the world economy, also Internet Economy makes enterprise integrated beyond country and industry develop rapidly, economy activity reorganize according to the internet. The reality of the development of the Internet Economy reminds us: China must speed up the development of Internet Economy, if not, information industry, whose core is Internet Economy, will probably become the “bottleneck industry”of economy development in China in the 21 century.