By Parkland Chair Professor of Strategy Seung Ho Park and Shaomin Li

China’s Internet boom appears to have far more significant economic, social, and business implications than the US Internet bubble of the late 1990s . Hardly a day goes by without surprising news on disruptive Internet applications, large investments, and mergers and acquisitions in the sector.

China now has more than one-fifth of world Internet users and its penetration ratio has surpassed the global average by almost by 20%. McKinsey suggests that productivity and economic growth through Internet technologies will expand China’s GDP by up to 22% by 2025 . There has been a massive inflow of global venture capitals into Chinese Internet businesses . The Chinese government is also a strong advocate of “Internet plus” strategy to maximize the Internet potential.

But can China enjoy the full benefit of Internet technologies in the years ahead ? Can it sustain the same level of fast growth in the sector we have seen in recent years? Read more on Forbes.com