Abstract
The development of the Internet greatly influences the transformation and modernization of the industries and businesses in the People’s Republic of China. As a result, the Chinese government has developed a special Internet Plus strategy to transform, modernize and equip conventional industries for joining the modern economy. This strategy is being implemented through the development of mobile devices, cloud services and new generation applications connecting people to social media, analytics and big data. Such development is going to attract foreign businesses planning to make an impact on the booming Chinese Internet economy, with the growing need for the experienced economists to assist their efforts. The specific characteristics and the areas of application of Internet Plus in different industries have been summed up and characterized. The ways of application of Internet Plus in economic education of the People’s Republic of China were substantiated. The effective mobile applications used for educational purposes with the economists in the higher educational institutions of the People’s Republic of China were highlighted and analyzed. The recommendations to be applied in foreign economic education using the benefits of Internet Plus strategy were formulated. Understanding and application of the Internet Plus strategy is a critical component for the economists in People’s Republic of China and abroad to achieve career success and open future businesses to enter the Chinese and world market.
Highlights
Similar to the Information Superhighway and Industry 4.0, the concept of Internet Plus was first introduced to public by Ma Huateng, the Tencent CEO, in an article published in the People's Daily on April 21, 2014
Charles Fan, EMC senior vice president, spoke to Chinese corporate decision makers about Internet Plus at a recent forum organized by VMware and the Chinese Academy of Engineering, pointing out that China’s economy will have “radical change” due to the Plan (IT 2020 Forum, 2020)
China is pursuing the Internet Plus strategy to develop a new industrial ecosystem for the future, where various economic and social fields are integrated with the Internet through Internet platforms and Internet communication technologies (ICT) (Information and Communications Technologies)
Summary
Similar to the Information Superhighway and Industry 4.0, the concept of Internet Plus was first introduced to public by Ma Huateng, the Tencent CEO, in an article published in the People's Daily on April 21, 2014 He strongly believed that Internet Plus is a trend, and “Plus” stands for the connection between the Internet and all the traditional walks of life (Wang, 2016: 5–8). In order to keep up with the development of information technology, Chinese Prime Minister, Li Keqiang first suggested the Internet Plus Action Plan in the government work report on March 5, 2015 (China unveils targets for 2015, 2015). Charles Fan, EMC senior vice president, spoke to Chinese corporate decision makers about Internet Plus at a recent forum organized by VMware and the Chinese Academy of Engineering, pointing out that China’s economy will have “radical change” due to the Plan (IT 2020 Forum, 2020)
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