2016•Modern EconomyOpen access

Impact of Internet plus to China Economy Development

Zhao Zhen, Wei Xiong, Jingxuan Fang

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Abstract

China has been fast growing over past 30 years. Whether China could keep relatively high speed sustained growth is very important to the whole world. And it is worthwhile to analyze the reason to keep high speed sustained growth. The paper analyzes the total amount situation of Gross Domestic Product (GDP) of China as the second world economy entity. As a developing fast growing country, China has its own characteristics and also has big gap to the first world economy entity, the USA. With the rapid development of internet, the paper compares the traditional business model to future business model development. As a part of national strategies of China, internet is becoming one of the most important tools for both business increasing and marketing developing with its users fast growing. The relativity between internet and China economy is analyzed through related model. With internet plus time coming, China economy development will be related to internet tightly in current time and future.

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What this paper is about

China has been fast growing over past 30 years. Whether China could keep relatively high speed sustained growth is very important to the whole world. And it is worthwhile to analyze the reason to keep high speed sustained growth. The paper analyzes the total amount situation of Gross Domestic Product (GDP) of China as the second world economy entity. As a developing fast growing country, China has its own characteristics and also has big gap to the first world economy entity, the USA. With the rapid development of internet, the paper compares the traditional business model to future business model development. As a part of national strategies of China, internet is becoming one of the most important tools for both business increasing and marketing developing with its users fast growing. The relativity between internet and China economy is analyzed through related model. With internet plus time coming, China economy development will be related to internet tightly in current time and future.

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Available abstract

China has been fast growing over past 30 years. Whether China could keep relatively high speed sustained growth is very important to the whole world. And it is worthwhile to analyze the reason to keep high speed sustained growth. The paper analyzes the total amount situation of Gross Domestic Product (GDP) of China as the second world economy entity. As a developing fast growing country, China has its own characteristics and also has big gap to the first world economy entity, the USA. With the rapid development of internet, the paper compares the traditional business model to future business model development. As a part of national strategies of China, internet is becoming one of the most important tools for both business increasing and marketing developing with its users fast growing. The relativity between internet and China economy is analyzed through related model. With internet plus time coming, China economy development will be related to internet tightly in current time and future.

Key concepts: China, The Internet, Gross domestic product, Business, World economy, Product (mathematics), Economics, Economy

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