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Internet, Our Future Driver
   2014-11-21 15:05:21    China Daily      Web Editor: Yangyang

Even looking back on the revolutionary changes the Internet has brought to our lives, the future its development will create for us is still probably beyond imagination. But what is clear is making the best use of the Internet will be of ever-greater importance to promoting sustainable economic development and social progress.

Innovation has always been a hallmark of the Internet and, with innovation rather than investment needed to drive the economy, the Internet economy will claim an increasingly important role in the nation's future, as is being discussed at the World Internet Conference taking place in Wuzhen, East China's Zhejiang province.

Already Chinese companies that are seizing the opportunities presented by the Internet are accelerating to claim a place at the forefront of the global industry.

The rise of e-commerce is particularly noticeable in China, where it is common for the majority of young people to make purchases online, which not only saves them time, it also saves them money, as among other things the use of the Internet has proved that the cost of logistics can be greatly reduced.

For the vast rural areas, where the majority of poverty-stricken residents live, the growing popularity of Internet technology will hopefully help lift people out of poverty.

There have been reports about how some rural villagers sell their agricultural products online and some use the Internet to get in touch with their customers, which may make it easier for them to make decisions.

Still they only account for 28.6 percent of the total 618 million netizens nationwide. So much can still be done to further popularize the use of the Internet and facilitate the promotion of e-commerce in rural areas.

No one can tell how much potential there is to be tapped by the effective use of Internet technology to increase the efficiency of the manufacturing industry, and the efficiency of the service industry and government.

And with government, it is not just time and cost benefits that are the potential fruits of Internet technology, because by increasing the transparency of governance, the Internet will also help promote judicious policy-making and the meaningful delivery of public services.

Looking further afield, the development of the Internet can speed up interconnectivity among different economies, but this requires an open and safe virtual space as well as democratic and transparent international governance.

Other Views

Netizens to propel Internet forward

China's economy has entered a "new normal", which features innovation rather than investment as the driving force of growth; that creates an opportunity for the Internet economy. To effectively turn the Internet economy into a driving force for the national economy, China needs to promote innovation, and create a free, tolerant environment for its Internet enterprises, so that they grow rapidly and catch up with their leading global counterparts.

xinhuanet.com, Nov 19

China's IT consumption is expected to exceed 3 trillion yuan ($520 billion) by 2015, according to official data. That will not only bring enormous opportunities to the main sectors of the IT industry, but also accelerate upgrading of traditional manufacturing and the service sector, thus propelling the nation's economic development during the transformation period.

The Economic Observer, Nov 20

The World Internet Conference said that people should be at the center of both the traditional and the mobile Internet. China has 640 million Internet users and 530 million mobile broadband users, and it is they that are supporting the prosperity of the Internet. That's essentially why the conference opens in China.

cri.cn, Nov 20

A basic rule about the Internet is innovation decides everything. China is a latecomer in the Internet world, but enterprises such as Tencent, Sohu and Alibaba, which have found the right way to unleash its potential, are catching up with their global competitors. Moreover, unlike those that rise and fall almost overnight, they have the support of China's huge market, which has ample potential to make them world leaders.

qianzhan.com, Nov 20

Quite a few successful Internet entrepreneurs attended the conference and their stories faithfully recorded the development history of the Internet in China. With the development of the mobile net, a generation of younger entrepreneurs have started their business, running after their dreams. The future belongs to those with most innovative ideas and Chinese entrepreneurs are ready to embrace it.

Nanfang Daily, Nov 19

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