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Digital economy expedites quality development

JIN DING/CHINA DAILY

The world is accelerating into the age of digital economy. The World Bank predicts that the share of the digital economy in the world’s GDP will increase to 25 percent in 2025. The digital economy has apparently become the key driver for the world economy’s recovery, and a growing number of countries are using it to boost their economic competitiveness.

The digital economy is booming in China too. New technologies such as big data, artificial intelligence and cloud computing are playing a bigger role in various fields and economic activities. In particular, with the information and communications technology marching into the 5G era, China, from being a follower, has become a leader in the field of digital technology.

By the end of May, China had the world’s largest cyber infrastructures. All its prefecture-level cities have optic cable networks, more than 50 million…

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