With the rapid development of the Chinese Internet industry, users spend more time and conduct more activities online, such as downloading applications, playing games, online shopping, etc.

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Breyer also sits on the board of BBN, a Verizon spinoff with roots in the early development of the Internet.

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Among the issues the women will be discussing at the three-day summit are ways to bridge the technology gap, including use of the internet in business development, strategies to cope with the economic impact of Aids and war, especially in Africa, financing women's enterprises and understanding trade agreements as globalisation continues to have an adverse impact on developing societies.

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Some would say that bubbles tend to coincide with periods of great economic change, such as the development of the railways or the internet.

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Compared with the U.S., China is still behind in some key areas of Internet development, while being ahead in others.

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