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Chinese Internet going to the world

Editor: Li Kun 丨CCTV.com

12-22-2015 18:51 BJT

By Xiao Feng, Phd., Stanford University

Tim Berners-Lee introduced the first World-Wide-Web website 25 years ago, and afterwards the Chinese Internet has gotten better and better, which has contributed to rapid global IT (internet technology) development.

 

The 2nd annual World Internet Conference (WIC),"Building a Community of Common Future in Cyberspace" was held in Wuzhen, China. Chinese President Xi Jinping delivered a keynote address to elaborate on Beijing's insights over global Internet governance to forge a multi-lateral and transparent IT platform worldwide.

The Internet is playing a stronger role in human progress, while each country attaches greater importance to Internet values in regards to national security and the economy. Yet, few countries could raise Internet development to the level of national governance and let's take the U.S., an Internet power, as an example.

Washington has held Internet forums related to certain fields, sponsored by corporations or associations, such as the Annual Developer Conferences led by Facebook and Apple and another annual meeting held by TechCrunch, an advanced-technology and media company.

Meanwhile, more than 2,000 Internet elites from 120 countries and regions worldwide attended the WIC in Wuzhen, which included 8 foreign leaders, nearly 50 foreign ministers. The conference set up 10 forums on 22 topics, and introduced the most advanced products and apps at the Light of the Internet Expo prior to the WIC. Some 260 Internet technology giants including: Microsoft, IBM, SAP, SAMSUNG, Nokia, Alibaba, Baidu, Tencent, JD.com from around the world participated in the event.

The conference has a global impact on Internet trends. Beijing and Shanghai had first connected to the Internet in 1995.

China has the most cyber citizens in the world, surpassing the total population of the European Union (EU). During 12th Five-year Plan (2010-2015), the Internet economy helped China’s GDP (gross domestic product) growth rate reach 7% in 2014.

Its Internet companies had exceeded 1/4 of the Chinese stock exchange market cumulative value.

Chinese firms have developed new technologies based on mobile mutual connections, along with launching Internet convenience projects that include building smart cities and on-line medical services for ordinary people.

With a gradual decrease of Internet entry barriers, many companies support Internet plus, big data and smart devices to win more business success in the world.

Xiaomi Inc., a smartphone manufacturer founded in 2010, had surpassed several renowned multi-national corporations (LG from Korea, HTC from Taiwan, Motorola from U.S. and Nokia from Finland) in sales volume. Shenzhen-based DJI-Innovations had emerged as global leader in the Unmanned Aerial Vehicle (UAV) sector.

The e-commerce giant, Tmall, had enjoyed online sales transactions totaling RMB 91.2 billion on November 11, China's Singles' Day, while the US Black Friday shopping holiday, the day after Thanksgiving, accounted for only19% of Tmall’s sales revenues that day.

The Third Industrial Revolution is a significant leap since the Steam Technology and Electric Power Technology revolutions.

The current technology era is centered on innovation and applications of atomic energy, computer, space technology and biological engineering with a wide coverage of information technology, new energy technology, new materials technology, biotechnology, space and marine technology.

The Internet is the core of the Third Industrial Revolution. According to the U.S. Internet Data Center, data on the Internet keeps growing at 50% year-on-year and doubles every two years.

More than 90% of data in the world has been accumulated within recent years. China was just a spectator in the last two industrial revolutions, and a follower at the beginning of this era.  But Beijing would assume the role as a leader to demonstrate Chinese confidence.

Internet elements have carved deeply into the fields of politics, economy, ecology, mentality, daily life, cultural inheritance, transportation and health care.  In the near future, the Chinese Internet would promote national innovations and move forward on a more global scale.

( The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com. )

 

 

Panview offers a new window of understanding the world as well as China through the views, opinions, and analysis of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

Panview offers an alternative angle on China and the rest of the world through the analyses and opinions of experts. We also welcome outside submissions, so feel free to send in your own editorials to "globalopinion@vip.cntv.cn" for consideration.

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