China In The 21st Century: Will ICT Sustain Economic Growth?

Abstract

The purpose of this paper is to stimulate critical thinking about China’s ability to consistently grow its economy by leveraging its information and communication (ICT) infrastructure in such as way as to prolong the competitive advantage it now enjoys from its ability to attract multinational corporations (MNCs) attention. The success of China’s transition towards economic and societal advancement is underpinned, to a large extent, by its total ICT investment. A competitive ICT profile is an antecedent to innovation, making China’s intention to become a significant force in the global knowledge economy more viable. This paper interprets current evaluations of China’s innovation circumstances in light of factual and perceptual data that represents the nation’s ICT capabilities in the context of its standings with other nations.