Digital economy needs global governance
From the G20 and World Economic Forum to national development plans and think tank research reports, in recent years, the "digital economy" has become a buzzword and risen to the top of many countries' and businesses' agenda.
Increasingly, governments and businesses see the digital economy as a key driver of growth and are directing investments accordingly. In September, the National Development and Reform Commission signed an agreement with China Development Bank to offer 100 billion yuan ($14.55 billion) in financing over the next five years to support the digital push.
On Sept 20, China held its first International Digital Economy Expo in Shijiazhuang, capital of Hebei province, attracting high-profile companies and more than 100 business leaders from home and abroad.
