What is the economy of China in the Internet age?

Don't be brainwashed. First of all, China's economy will experience a concentrated bursting of the Internet bubble (just like the bursting of the 200 1 US Internet bubble), and many small and medium-sized Internet companies will go bankrupt. Some traditional Internet website companies, such as Sina and Sohu, will shrink, be acquired or go bankrupt (Yahoo). Some offline retail enterprises have begun to enter the e-commerce market, relying on a strong logistics and warehousing cost control system and offline brands to occupy the e-commerce market (Wal-Mart did this). The original three BAT companies further control network traffic. China's economy will form three core industries-finance, high-precision manufacturing and high technology (including Internet, biology and other industries). The direct integration of industries will intensify, and more innovative business models will emerge.