Govt plays more vital role for booming Internet economy: scholar

Government plays a more vital role for current booming Internet economy in China, said Li Daokui, professor of Tsinghua University at Xinhuanet Thinker cross-border meeting on China's economic new normal Wednesday.

Profound and complete economic restructurings are the basic factors for current new normal economy, as China's economy shifts gear from the previous high to a medium-to-high growth, he said.

Besides, from an international perspective, China need also harbor brand new images of not only participant but also leader of global economy, Li added.

This meeting was held at Xinhuanet headquarters, presided over by Xinhuanet CEO Tian Shubin. Thinker's 4.0 version was also launched.

Thinker is a Xinhuanet-operated social media platform aiming to build China's high standard think tank and an online platform for idea spreading.