Traditional Culture Encyclopedia - Traditional virtues - What is the significance of Internet technology to China's economic development?

What is the significance of Internet technology to China's economic development?

The contribution of information technology to economic development is mainly manifested in the following aspects:

Information technology is the source of economic growth.

Most traditional industries have become sunset economies. The main function of modern economy is the production and distribution of knowledge and information, not the production and distribution of materials. The future production object is mainly "bytes", not products made of atoms.

Second, the construction of information industry has become the focus of economic development in various countries.

With the rapid development of global information technology, information construction has become the highlight of the national economy, and the advanced IT industry will drive the economic development of the whole country, which has been recognized by all countries in the world.

Third, information technology has significantly improved the efficiency and benefit of the national economy.

In the information age, due to the mass production of knowledge, continuous innovation, rapid transmission of information and accelerated pace of economic life, the life cycle of technology and products is increasingly shortened.