How Chinese TV maintain its position in new media age - Dissertation Example

It was in the 1990s that China embarked upon a conscious policy of rapid industrialization; it was around those years that it began to break free of its restrictive political system as well. In the 1990s the prime elements of globalization had already become established the globe over. For Instance, there were substantial and ever rising cross-border movements of production resources, technology, and capital; there were an excellent telecommunication and communications networking conjunction with other infrastructural facilities and most importantly the international trade was rising and becoming freer.

China already had a substantial infrastructure and no sooner did it decide to adopt free market norms then it became a mammoth and lucrative market for global entrepreneurs. Moreover, China had, on the tip-toe, built upon its economic might as a producer and began modernization of its production sphere through steady policy making and technology grafting and had assumed the center stage role in the global supply of various goods and services. Thus China studiously caught on with the wave of globalization and reaped enormous economic gains.

As a result, China enjoyed a hastened pace of development, and in the present time, it is one of the fastest-growing countries in the world. China was already a healthy economic power with an annual average Gross Domestic Product (GDP) growth rate of 9.8 percent in real terms between 1978 and 1994. The Chinese government had also set up ambitious targets for economic growth for the country.. For Instance there were substantial and ever rising cross-border movements of production resources, technology and capital; there was an excellent telecommunications and communications network (internet included) in conjunction with other infrastructural facilities and most importantly the international trade was rising and becoming freer.

China already had substantial infrastructure and no sooner did it decide to adopt free market norms then it became a mammoth and lucrative market for global entrepreneurs. Moreover China had, on the tip toe, built upon its economic might as a producer and began modernization of its production sphere through steady policy making and technology grafting and had assumed the centre stage role in global supply of various goods and services. Thus China studiously caught on with the wave of globalization and reaped enormous economic gains.

As a result, China enjoyed a hastened pace of development, and in the present time, it is one of the fastest-growing countries in the world. China was already a healthy economic power with an annual average Gross Domestic Product (GDP) growth rate of 9.8 percent in real terms between 1978 and 1994. Chinese government had also set up ambitious targets of economic growth for the country in its five year plans. For instance China's ninth five year plan (1995-2000) had set a target for quadrupling its GDP in 2000 over the level recorded in 1980 and the plan further envisaged doubling the year 2000 GDP in the year 2010, with operational target of average annual GDP growth rate of 8% between the years 1995-2000 and of 7 % between the years 2000-2010.

If China was able to succeed in restraining the growth rate of its population than its per capita GDP(in 1996 base