What impact has the Internet economy had on the traditional economy

The impact of the Internet on the world economy is very significant.

The traditional economic industries are divided into primary, secondary and tertiary industries. Along with the increasing maturity of the traditional economy, the development potential is relatively insufficient. The new Internet industry is contributing to the sustained growth of the global economy!

How to understand this reasoning, such as traditional agriculture is limited by the constraints of land resources, the total scale is a constraint, the industrial goods market, subject to mineral resources and market demand. But the tertiary industry we usually say the service industry, but derived from a lot of new economic models.

Overall the impact of the Internet on the development of the world economy has two major aspects:

On the one hand, the Internet has become the engine of new economic development, creating a new model of economic development.

On the one hand, the Internet has revolutionized and transformed traditional economic models and industries.

First of all, the first aspect of the Internet has created an economic mode of operation of information. Created a new economic form - virtual economy.

The core of economic activity is trading. Transactions occur in the process, the need for trading places, the existence of information flow, logistics, capital flow. The Internet has broken the traditional mode of transaction, for example, in 2003, "SARS" ravaged the period, people in order to prevent being infected are out of the house, but it was just at that time there is in the embryonic stage of e-commerce, people will then try to transfer the transaction to the Internet, without leaving the house can be completed the purchase and sale of commodities, or business negotiations with customers, both to save travel, and to save money. Business negotiations, not only saves travel transportation, venue and other consumer costs, but also improve the efficiency of the transaction. This opens a new era of online e-commerce!

By now, the Internet economy has been red-hot, unstoppable, formed, such as information services (Baidu, Google) network game industry (Shanda, Giant Network, Nine City, NetEase, etc.), the entertainment industry (Happy, Tudou), online e-commerce (Taobao, Alibaba, Dangdang, shocked the mall ...), and the Internet is the first time in the history of the Internet. ...), life information service industry (Ctrip, Koubei, Dianping), emerging media industry (Sina, Yahoo, Sohu, Tencent, etc.) ......, and so on and so forth, all of these belong to the technology-based creative industries, asset-light and knowledge-heavy, with infinite potential for development. These companies you can check their annual operating income, basically equivalent to the income level of a medium-sized traditional state-owned enterprises. These are thanks to the development of the Internet, the formal Internet for the development of the economy to open a new big door!

The second aspect is that the Internet has revolutionized the traditional economic model and industry.

For example, the traditional financial services industry, publishing, education, specialty stores, etc., through the injection of Internet elements, is the traditional business to get a new way of service, online banking - so that people are exempt from looking for a business hall, but also the inconvenience of waiting in line. Distance education - through the Internet, people in remote areas can also receive advanced education. Traditional intermediary services, through the development of the Internet for more professional consulting services, such as Ctrip, MileagePlus, China Talent Network, etc.. Through the Internet, companies can show their customers the latest products, new business and new services in a more visual, low-cost and timely manner. Because of the Internet, the traditional mail service has a broader market space, Internet shopping also revitalized the traditional personal courier market business.

In addition to its significant impact on economic development, the Internet has actually fundamentally changed the way people live. As long as there is an Internet-connected computer, it can completely solve your entertainment, socializing, learning, shopping and even self-aggrandizement if you want. The Internet has revolutionized the way people live.

Because of the Internet, hundreds of millions of jobs are now being solved every year. The Internet also plays an important role in changing the imbalance in world development and in changing the flat and backwardness. Thus, the birth of the Internet is an important milestone in the history of human development!

The Internet will continue to have a profound impact on many aspects of human social life, as well as on economic development around the world!