A closer look at Chinese and Indian economic development

Both populous and fast-growing, China and India share important similarities. Over the years, comparative studies on both countries, especially in terms of economic development, have become a hot topic around the world. China and India issues have aroused intense attention and interest in international academia. Three articles in this issue examine the race between the dragon and the elephant in the arena of economic development, information industry and software. In his article "A closer look at Chinese and Indian economic development," Prof. Huang Qunhui compares China and India’s economic development from national strategic perspectives based on his first-hand research; in "What China and India can learn from each other in the information industry?" Prof. Shen Kaiyan undertakes a comparative analysis of the development of information industries in China and India; lastly, Prof.Fang Hong’s empirical study looks at competition and cooperation in the Chinese and Indian software industries. This selection of essays begins with overall economic development, moves to a closer examination of the information industry, and then concludes with a look at the software industry, giving us an extremely broad yet also detailed comparison of the economies of these two emerging giants.