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Qiushi Theory on the Challenges China Faces in Growing into an Internet Superpower

Qiushi Theory published an article on the strategy for China to grow into an Internet superpower. The article also listed three challenges that China faces. The first is that, even though China is the largest manufacturer of mobile devices in the world, accounting for 70 percent of the world’s production, it is lagging behind because it does not own the core technology rights as compared to developed countries. The second challenge is how to maintain Internet security. The article stated that the Internet is a double edged sword. While the Internet is a platform to spread mainstream ideology, “those criminals or those who have the ulterior motive of spreading rumors can use it to stir up affairs or conduct illegal activities.” The third challenge is how government can maximize its role in the allocation of resources in the market, such as by creating a market for domestic made products. The article used the example of how the EU set up GSM (the Global System for Mobile Communications) and WCDMA (Wideband Code Division Multiple Access) as the European communication standard before certain products were even developed.

Source: Qiushi Theory, May 13, 2014