A China-US Quantitative and Comparative Analysis on the Contributions Made by Telecommunication Industry to Economic Growth

For a quantitative analysis of correlations between China's telecommunication industry and economic and social development, this paper takes the United States as the standard reference models employs econometric tools such as Feder Model etc, select authentic statistics respectively issued by National Bureaus of China and the USA 2009 for a simulation data estimation and makes a an empirical analysis on similarities and differences of the economic contributions made by telecommunication industry between the two countries. The study shows that the role that China's telecommunication industry plays in the national economy is far smaller than that of the USA. China should vigorously to guide and support the development of the telecommunication industry for sustainable, rapid and steady development in the whole national economy.