China IT Minister Opens Net Show, Promotes Foreign Investment | Internet News

China IT Minister Opens Net Show, Promotes Foreign Investment

Written By
Hans Lombardo
Hans Lombardo
May 20, 1999
1 minute read

China’s Minister of Information Industry (MII), Wu Jichuan, Tuesday opened the 1999 China Internet Conference and Exhibition.

The China Daily reports that, at the opening, Wu declared that the Internet was a global phenomenon and an important information infrastructure for the next century.

Moreover, he indicated that China would begin to liberalize its IT industry and open doors to foreign investment.

At the Beijing Internet show, over 40 international and local firms exhibited their products and services including big names like Hewlett-Packard, AT&T, Intel, IBM, Nokia, and Ericsson.

Sources say that Wu’s recent public appearances were part of an attempt to show that the official was still in charge of China’s drive to build up its IT infrastructure.

In recent weeks, there were rumors in the industry that Wu was planning to resign over the breakup of China Telecom’s monopoly.

Recently, the MII chief also attented an event in Beijing to celebrate the 31st World Telecommunications Day where he called for China to develop e-commerce and Internet transaction capabilities, according to another China Daily report.

Internet News Logo

InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.