After years of development, the digital economy has now become a core driving force behind economic growth, according to a recently released white paper on the development of China's digital economy.
Published by the China Academy of Information and Communications Technology, the report said the added value of China's digital economy reached 35.8 trillion yuan in 2019, accounting for 36.2 percent of the country's GDP.
Looking forward, China will continue to integrate new IT into manufacturing, as it shifts focus to industrial internet and seeks to foster high-quality development, said Wang Peng, assistant professor from Renmin University of China in Beijing.
"More efforts are needed to further deepen reforms and opening-up, promote the free flow of production factors, strengthen basic disciplines, take better care of related researchers and strengthen protection for intellectual property," Wang added.
Source: China Daily
