Chinese experience used for forming the knowledge economy in the Republic of Belarus

Abstract

Since the end of the 90s of the last century, the term “knowledge economy” became widespread in Western and national science. The transition of the world economy to a new qualitative state is directly connected to the increasing of the importance of theoretical knowledge, strengthening the role of high-tech industries, the process of increasing the share of services in the economy, the influence of information network technologies. The purpose of this article is to identify the characteristics of the knowledge economy, systematize the development trends of economic relations under the growing influence of the “knowledge” factor in the modern economy, consider the Chinese model of the knowledge economy, and use the Chinese experience to develop the knowledge economy in the Republic of Belarus.