Abstract: The rapid growth of the network information industry based on the internet and technology of information and communication is a very prominent phenomenon in the contemporary economy, which raises a series of new issues both to practical economy and economic theories and policies. The network information industry will grow into a super one due to its large scale and great potential in production, communication and consumption. People will offer increasingly more time and effort to its production, communication and consumption. The online space greatly expanding for economic activities will lead the information industry into a super one with a huge business domain. So, its organizational features and rule system and their rationality and desirability are a great issue which needs urgent research and common recognition. The industry should be under autonomy and heteronomy to ensure its good quality. The development of China's network information industry should not only adapt to the new development pattern of domestic and international double circulation but also promote a smooth connection between the new development pattern of Chinese double economic circulation and the global complicated economic growth. With the rapid growth of network industry and all-round online existence and remote presentation, all kinds of information transmission barriers have been broken technically. Everyone anywhere in the world can obtain instant information from all communities, which is to objectively form a community of common destiny for all mankind based on highly shared information.