Walton, Nigel (2014) Productivity in China Could Surge With IT Revolution. The Oxford Analytica Daily Brief.
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Abstract
The meteoric rise of China’s internet champions, Baidu, Alibaba and Tencent, has given China the world's largest e-commerce market. However, internet penetration overall is low: most Chinese firms are not connected to the internet, and new trends such as cloud computing and 'big data' have not yet had a major impact in China. As rising labour costs erode China's competitiveness, Beijing looks to technology to enhance productivity, and is driving large-scale investments in superfast telecoms networks across the country to 'wire in' the small and medium-sized enterprises (SMEs) that form the backbone of the economy. China is upgrading its telecoms infrastructure faster than anywhere else in the world, and is on course to become a world leader within a few years.
Item Type: | Article |
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Additional Information: | Staff and students at the University of Worcester have access to the full-text. External users should check availability with their local library or Interlibrary Requests Service. |
Uncontrolled Discrete Keywords: | China, IT revolution, telecommunications, technology, Internet, e-commerce |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HE Transportation and Communications H Social Sciences > HF Commerce T Technology > T Technology (General) |
Divisions: | College of Business, Psychology and Sport > Worcester Business School |
Related URLs: | |
Depositing User: | Nigel Walton |
Date Deposited: | 19 Sep 2014 07:30 |
Last Modified: | 17 Jun 2020 17:05 |
URI: | https://eprints.worc.ac.uk/id/eprint/3386 |
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