China's digital economy hits 45 trln yuan: report
The 2022 World Internet Conference Wuzhen Summit opens in Wuzhen, east China's Zhejiang Province, Nov. 9, 2022. (Xinhua/Jiang Han)
HANGZHOU, Nov. 9 (Xinhua) -- The value of China's digital economy reached 45.5 trillion yuan (about 6.3 trillion U.S. dollars) in 2021, accounting for 39.8 percent of the country's GDP, according to a report released by the Chinese Academy of Cyberspace Studies on Wednesday.
The digital economy has become an important cornerstone of China's stable economic development, said the China Internet Development Report 2022, which was released during the 2022 World Internet Conference (WIC) Wuzhen Summit, held in the water-town of Wuzhen, in east China's Zhejiang Province.
In addition to the above report, the summit also released another report titled "World Internet Development Report 2022." It says the added value of the digital economy in 47 countries around the world reached 38.1 trillion U.S. dollars in 2021, with an increase of 15.6 percent year-on-year.
The digital economy has become an important engine driving global economic recovery, said the report.
Themed "Towards a Shared Digital Future in a Connected World -- Building a Community with a Shared Future in Cyberspace," this year's summit was attended by more than 2,100 guests from over 120 countries and regions, both in person and online. The reports have been released for six consecutive years since 2017 as an important part of the summit.
Related articles
Four people killed in a house explosion in southwestern Missouri
GOODHOPE, Mo. (AP) — Four people in rural Missouri died when an explosion that could be heard 10 mil2024-05-21Commentary: Hidden agenda behind hype of China's overcapacity problem
(Xinhua) 13:04, April 02, 2024Robots weld bodyshells of cars at a workshop of Chinese electric vehic2024-05-21GM China joint venture sees soaring vehicle export in Q1
NANNING, April 12 (Xinhua) -- SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Mot2024-05-21China to strengthen capital market regulation, risk prevention
BEIJING, April 12 (Xinhua) -- China's State Council has released a guideline on strengthening regula2024-05-21Brazil replaces injured goalkeeper Ederson in Copa America squad
RIO DE JANEIRO (AP) — Brazil coach Dorival Júnior has replaced injured goalkeeper Ederson with Sao P2024-05-21Xinhua Commentary: Xi's meeting with Ma injects positive energy to relations across Taiwan Strait
Xi Jinping, general secretary of the Communist Party of China Central Committee, meets with Ma Ying-2024-05-21
atest comment