Web 2.0 has been much more profound in its impact on China than on any other country. China is in the midst of a radical transformation that has-thus far-not been well understood, especially by foreigners. Interconnection and collaboration among Chinese citizens using Web 2.0 is real and massive, and the level of connectivity is staggering. The mobilization of public opinion has caused a new social order in China. Besides fundamentally altering the social order, Web 2.0 is impacting massively on the way that information is distributed and the way public opinion is handled. Even more profoundly, it is creating a level of political transparency and institutional reforms which China has thus far avoided. It is no exaggeration to claim that a completely new era -China 2.0- has arrived. This book maps the ways in which China is being transformed socially, politically, technologically and economically-and the implications of those changes for a variety of stakeholders. One thing is absolutely clear-engaging with China on the basis of previous philosophies and practices will not work in China 2.0. While China 2.0 poses new challenges, it also creates a multitude of new opportunities. At a time in world economic history when options are disappearing much faster than they are being created, and in which new crises appear on an almost daily basis, understanding China 2.0 should not be regarded as something that is merely interesting but, rather, as something that is imperative.