Author: Jinzy Zhu

Publisher: Springer

ISBN: 9783642537455

Category: Business & Economics

Page: 208

View: 802

In twenty years, China's expenditures for research and development will surpass those of the United States, a trend that epitomizes nationalistic ambitions to regain intellectual prestige for a country that had once invented paper and gunpowder. Tens of billions of dollars have been poured into a new technology superstructure as China seeks to transform its economy from a crippling reliance on manufacturing outsourcing. Cloud computing represents a dynamic foundation for the new superstructure that can foster the growth of a socio-capitalistic ecosystem, creating a new class of green exports in the form of highly sophisticated software and services. With Cloud computing, China is seeking to establish a new Silk Road, where its cultural products will once again change the world.