China's economy has entered a "new normal", which features innovation rather than investment as the driving force of growth; that creates an opportunity for the Internet economy. To effectively turn the Internet economy into a driving force for the national economy, China needs to promote innovation, and create a free, tolerant environment for its Internet enterprises, so that they grow rapidly and catch up with their leading global counterparts.

xinhuanet.com, Nov 19

China's IT consumption is expected to exceed 3 trillion yuan ($520 billion) by 2015, according to official data. That will not only bring enormous opportunities to the main sectors of the IT industry, but also accelerate upgrading of traditional manufacturing and the service sector, thus propelling the nation's economic development during the transformation period.