Menu
China aims to help local Internet firms cross into the global market

China aims to help local Internet firms cross into the global market

China is implementing an "Internet Plus" plan to promote its local IT industry

China's Great Hall of the People.

China's Great Hall of the People.

China seeks to help the country's Internet firms gain a bigger foothold in the international market, and is preparing to pour more state funds into its emerging tech sector, according to one of its top leaders.

Chinese Premier Li Keqiang made the statement in his opening address to the country's annual parliamentary session on Thursday. He added that China is establishing an "Internet Plus" plan to promote its mobile Internet, cloud computing, and e-commerce sectors, as part of a push to support the country's emerging industries.

"The country has already established a 40 billion yuan (US$6.5 billion) emerging industry innovation investment fund, and more capital will be brought in and integrated," he said.

China is home to some of the biggest Internet firms in the world, including e-commerce giant Alibaba, search provider Baidu, and messaging and gaming company Tencent.

None of these firms have the same international presence as Google or Facebook, but that doesn't mean they aren't trying.

On Wednesday, Alibaba announced it had opened a data center in Silicon Valley, targeting the U.S. cloud computing market.

Tencent, on the other hand, has been trying to popularize its messaging app WeChat in emerging markets including Southeast Asia.

Outside of helping Chinese Internet companies thrive, the country has also been stepping up its online censorship. Last year, China began blocking all of Google, and censored social networking apps including Facebook's Instagram.

Some Chinese Internet users and businesses have complained, especially after the government began disrupting access to several virtual private network (VPN) providers. These VPNs can be used to bypass China's strict censorship to connect with blocked sites such as Facebook and Google.

China, however, doesn't plan to loosen its control over the Internet. On Thursday, Xu Shaoshi, minister of China's National Development and Reform Commission, was asked at a news conference whether he was worried the Internet censorship would drive away foreign business.

He replied that China would continue to support, but also regulate, the Internet industry.

"I'm not worried it will affect the way our companies run," he said. "In practice, we will also explore further, to better support and regulate the Internet's development."

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags regulationgovernmentinternet

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments