A recent notice from the Ministry of Information Industry (MII) shows that China's information industry developed well in 2005, but there were four problems that need to be soon solved.
The four problems are heavy pressure from structural adjustments; weak innovative capabilities and too much reliance on foreign technology; slow development of local enterprises and a large gap between Chinese and foreign enterprises; and inadequate capacity in dealing with trade barriers in the international market.
The notice emphasizes that the Chinese information industry faces more opportunities than challenges in 2006, but as the situation becomes increasingly complicated due to many uncertain factors, more effort should be given to accelerating structural adjustments and innovation.
The notice does not provide any roadmaps or advice for these problems and does not contain a clear timeline for when these tasks should be completed.
