USEUROPEAFRICAASIA 中文双语Français
Opinion
Home / Opinion / Hot Words

数字经济(shùzì jīngjì)Digital economy

China Daily | Updated: 2017-03-16 08:12

This year's Government Work Report approved by the country's top legislature on Wednesday mentioned the digital economy for the first time.

The digital economy is becoming a new engine for global economic development. It refers to an economic system that involves economic activities using digital knowledge and information as key production factors.

Development of the digital economy is being promoted in order to benefit enterprises and the public.

In 2016, the digital economy reportedly contributed 30.1 percent to China's overall GDP, which is much lower than the digital economy's contribution to the GDP of developed countries.

In the United States, the digital economy accounts for 59.2 percent of the country's GDP, in Japan it accounts for 45.9 percent and in the United Kingdom, 54.5 percent.

In 2016, the growth rate of the digital economy in China was as high as 16.6 percent, and the overall scale of China's digital economy is $3.8 trillion, which ranks second after the US.

Digital transformation of the economy will help promote sustainable development and facilitate traditional industry upgrading.

Most Viewed in 24 Hours
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US