Journal Article
New Economy and ICT Development in China

This study provides empirical evidence on China’s ICT industry development and diffusion in recent years. Although there is still a huge gap between China and the developed countries in the development of the ICT industry, the astonishing pace of its progress shows promise for the country’s New Economy. The ICT industry is becoming the most dynamic sector in China’s economy. There is, however, a clear digital divide among the nation’s three economic regions.