The New Economy in East Asia and the Pacific

By Peter Drysdale | Go to book overview

6.3

The Chinese experience

Dong Yuntin


INTRODUCTION

The information technology (IT) industry is a pillar of China's national economy. It has developed rapidly since the market opening and reform policy was introduced. The IT industry contributes more than any other industry to the growth of the national economy as measured by output value and sales revenue. IT is one of forty industries in the industrial sector; its market share increased from 3.1 per cent in 1990 to 8 per cent in 1999. The IT industry has developed more rapidly than any other Chinese industry and has the largest output, best profits and largest export turnover. In this chapter, I will discuss the development of the IT industry in China, focusing on its rapid development, and drawing attention to some structural and other problems. 1 I will discuss the impact of the US economic slowdown and how China's entry into the World Trade Organization (WTO) will affect the industry. I will limit my discussion to the manufacturing and software industry, although the industry also includes telecommunications.


RAPID DEVELOPMENT

Industry size

From 1990 to 1999, the Chinese IT industry grew by 32.1 per cent per annum, compared with a total industry figure of 14.2 per cent and national economy growth of 9.7 per cent. In 2000, the output of the IT industry exceeded US$120 billion, sales revenue increased by 34 per cent to US$70 billion, and profits and taxes grew by 66 per cent to US$6.7 billion. Exports reached US$55.1 billion, up by 41.2 per cent from 1999. In 2000, the IT industry created value added of US$l6.7 billion, which accounted for 1.54 per cent of gross domestic product (GDP), compared with 1.29 per cent in 1999. Table 6.3.1 compares value added of the IT industry for 1995-2000 with GDP growth over the same period.

At the end of 2000, there were 229 million telephone subscribers in China, 85.26 million of whom were mobile phone subscribers. At the end of July 2001, there were 160 million fixed-line telephone subscribers and 120.6 million

-130-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
The New Economy in East Asia and the Pacific
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen
/ 326

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.