Media News - Wednesday, September 12, 2012
The Chinese government is banking on developing Internet-related busineses to help boost its weakening econonmy, through efforts such as the investing in supporting infrastructure. This will include the construction of fiber-optic communications networks and public Wi-Fi hotspots, said Miao Wei, head of the country's Ministry of Industry and Information Technology, in a China Daily report Wednesday. "The making and consumption of Web content will help to stimulate domestic demand and lift the economy," he said in the article. Miao pointed out that China has already been spending "several hundred billion yuan" upgrading the country's Internet infrastructure every year. He added that Chinese companies should strive to find ways to integrate the Internet industry with others, including tourism, hospitality, and financial services. Under the country's latest five-year economic blueprint which runs from 2011 to 2015, one of its focus areas is to make cloud computing a key driver for the IT industry, and help local companies leverage its benefits. (ZDnet News)
Join our Media News mailinglist with over 12.000 subscribers.
The Media News archive contains over 15.000 items so it is advised to narrow your search.
- WikiLeaks announces partnership with Brazilian investigative journalism center
- Acclaimed photo was faked
- Euronews launches Arabic feed
- Iran: Leading women’s magazine forced to close
- US: Nonprofit website plans watchdog journalism for Orange County
- New website reaches out to EU Neighbourhood Journalists
- Internet censorship plagues journalists at Olympics
- Sweden: Tax on press advertising to be abolished
- MySpace opens doors to developers MySpace webpage
- Startup lets public test conversational Web search