The Real Driven Power Behind China Boom

The Driven Power Behind China Boom Isaac Mao 2007/5

Blossom
~9% GDP growth for about 20 years
Top Mobile population (500 M)
To be the top Internet users (150 M,2007)
Top foreign currency holder (1.2 trillion)
The 3 rd largest luxury goods consuming entity

Gains
Innovations:
E-Capitalism vs. P-Socialism
One country, two systems
C2C (Copy to China)
Models:
Shanghai: Hi-tech and globalization
Tightly controlled by ruling party
Zhejiang: Grassroots finance
Less controlled
Shenzhen: Import and export
Loosely controlled

The Lessons, If Learnt
Political risks
Nanny thinking
Central vs. Local
Environment
Is China poisoning the world ?
Social moral vacuum
Divide and gaps
Education & health problems

Courtesy, All from Internet Public Domain

Open-up But Less Reformed
Reforms was actually driven by openness , reluctantly
Unbalanced political and economy pace
Bottom-up vs. Top-down
International pressures
Less global community participation

Metaphor of “Rules Twist” Official rules Hidden rules Social rules

Diversity, the Real Power
Free migrations
New social networking emerged
More transactions generated
Population advantages
(not human capital yet)
The long tail
Nanny policy vs. free choices

Morphing To Flat Society Not so flat yet Hierarchical system

Empowered By Technology
Web 1.0
P2P & Piracy
Web 2.0
Wikipedia
Blogosphere
Social Media

Three Walls Free Access Free Speech Free Thinking Technology Education/Culture Self-censorship Politics & media control

The Future
Still a huge social evolution lab
Gov-NGO-BIZ balancing
Emergent Democracy
Grassroots the 2nd super power
Social collaboration & creations
Global responsibility
Friendship and enemies
Oversea expansion
International collaboration

Don’t Predict, Let’s Create [email_address] Skype: isaac.mao http://www.socialbrain.org

The Real Driven Power Behind China Boom

by Isaac Mao on May 27, 2007

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