China: Facing the New Economy of the Internet Age

Author: Wang Xiangdong
Publisher:
Publishing Time: Not available
Features: The book presented to the readers—China: Facing the "New Economy" in the Internet Age—is the research outcome of an institute-level project undertaken by the Chinese Academy of Social Sciences. The book is structured into fourteen chapters, organized as follows: Chapter 1 primarily discusses general issues of the concept, characteristics, and impacts of the "New Economy" in the Internet Age. The following three chapters explore the fundamental background for the emergence and development of the "New Economy," with Chapter 2 focusing on economic globalization, while Chapter 3 and Chapter 4 examine the development of informatization at the international and domestic levels, respectively. The subsequent four chapters delve into the development of the "New Economy" itself, covering aspects such as the Internet, internet-based industrial clusters, e-commerce based on the Internet, and the application of information network technologies in traditional industries. Chapters 9 to 12 focus on key factors influencing or determining the development of the "New Economy," such as technology, capital, regulation, and innovation. Chapter 13 specifically addresses the issue of the "digital divide" brought about by informatization and the development of the "New Economy." Chapter 14, after introducing the latest developments of the "New Economy" abroad, discusses how China can respond to the challenges of the "New Economy" and proposes several policy recommendations. The above structural arrangement of the book, to some extent, reflects our analytical framework and research methodology for studying the phenomenon of the "New Economy." We place the research on the "New Economy" on the foundation of economic globalization and informatization, systematically exploring the development of the Internet revolution, emerging internet-based industrial clusters, e-commerce, and its penetration and widespread application in traditional industries. In the analysis of domestic and international interactions, we discuss a series of important factors determining the development of the "New Economy," address the problems arising from its development, and present our perspectives and recommendations.