WIC adds vitality to China's digital economy

New engine drives countries to better share, connect and trade with higher efficiency, Yuan Shenggao reports.

The annual World Internet Conference has become a new driver for the development of the Chinese digital economy, strengthening the economic and trade cooperation, according to analysts.

The phenomenal growth of China's digital economy in the last decade, a more than fivefold increase to $3.8 trillion last year, equal to a third of GDP, is the clearest signal yet that China has the potential to lead the world's digital frontier in the years to come, according to statistics from the China Academy of Information and Communication Technology.