Prospects of IT-industry’s Development in China

The object of the vary study is the process of becoming China as a global economic leader, particularly through the development of information technology. The subject of the study is the industry of information technology in China. The aim of the work is to study the prospects of the development of IT industry in China in in-country and global scale. The work includes an introduction, 3 chapters with the conclusion at the end of each chapter, a conclusion and a list of literature. The introduction reveals the purpose, research objectives, its relevance, novelty and methods used. In the first chapter of the work, theoretical aspects of information technologies, their essence, history of development in the world and in China are studied. The second chapter presents the state of the information technology industry in the current situation in the world and then in China, as well as the main companies in the information technology market in China. The third chapter presents the main prospects of the development of the information technology industry in China, the government support and its regulation in the industry, the trends in the development of e-commerce and e-services in China. The conclusion presents important historical prerequisites for the steady development of the information technology industry in China due to state support and innovative development of companies, the prospects of the development of the industry in the country in view of new technologies and new markets outside the country due to favorable opportunities for expansion of Chinese companies and internationalization of the renminbi. Key words: China, information technology, in-country and global scale, development of IT industry, government support, e-commerce, e-services, new markets, globalization