Internet Strategy- Chinas enterprises the most urgent task.docVIP

 PAGE \* MERGEFORMAT 5 Internet Strategy: China’s enterprises the most urgent task Intel CEO Andy Grove once said, is now a well-known words: ‘In five years time, all companies will be Internet companies - or they are no longer a corporation. ‘ China’s entrepreneurs, this is an alarmist argument. Many of our companies may have just heard of the Internet such a matter, the number of only 10 million Internet users in China, the Chinese e-commerce in 1999 according to IDC’s estimates has only been 40 million U.S. dollars, far less than a big company like Lenovo’s turnover fraction of that. We should now consider the Internet strategies do? My view is that, now to the need to develop its own Internet strategy time. Grove’s prediction may be not suitable for China, perhaps in China, we have 5 or 10 years time. However, if a business from now on to think and adjust their position in the network economy era, they will be overwhelmed by the sudden development. Even in foreign countries, the network economy has once been regarded as a traditional management personnel will disappear over time, the ‘fashionable’, or economic history have appeared in the bubble, will eventually be restored over time and people’s rational and dashed . But the fact that the network economy is not a short-lived thing, in developed countries, it has become an important part of knowledge-based economy. In the U.S., the size of the Internet economy in 1999 had more than any other large-scale industries such as automotive, telecommunications, energy. The size of these areas were 450 billion U.S. dollars (Internet), 350 billion U.S. dollars (car), 270 billion U.S. dollars (telecommunications), 223 billion U.S. dollars (energy). Europe lags behind the United States of about 2 to 3 years, but also speed increase. At present, there are 200 million people worldwide use the Internet. In accordance with the experience of the past few years, each over 100 days will double the number of peo