Business / 2016 Top 10

Top 10 new economy issues in China

By Zhu Lingqing ( Updated: 2016-07-14 07:16

Since the words "new economy" were put into a government report, by Premier Li Keqiang, for the first time on March 5 during the two sessions, it has become the focus of social attention.

According to a report released by Ali Research, the Alibaba Group's research arm, there are ten most important issues around the topic of new economy.

1. New infrastructure: cloud, internet, terminals

Top 10 new economy issues in China

New cloud computing technologies are unveiled on the computing conference held by Alibaba Group's cloud computing arm Aliyun in Hangzhou, Zhejiang province, October 14, 2015. [Photo/IC]

Being added to the existing agricultural and industrial infrastructure, new infrastructure is playing an increasingly important role.

It includes three parts: the bullish breakthroughs on cloud computing and big data infrastructure; the rapid penetration of Internet and Internet of Things (IoT); and the mushrooming of smart terminals and applications.

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