Skip to Content Facebook Feature Image

China's digital economy to reach 80 trl yuan by 2030

China

China

China

China's digital economy to reach 80 trl yuan by 2030

2024-12-24 21:44 Last Updated At:22:07

China's total digital economic output is projected to reach 80 trillion yuan (around 11 trillion U.S. dollars) by 2030, according to data released by the China Academy of Information and Communications Technology (CAICT) on Tuesday.

The CAICT's projection is based on the national demand arising from the integration of the digital economy with the real economy, as well as improvements in total factor productivity.

"In the next three years, China's ICT (information and communications technology) sector will grow at an average annual rate of 8 percent. By the end of the 15th Five-Year Plan in 2030, our total digital economic output will reach 80 trillion yuan," said Wang Zhiqin, vice president of the China Academy of Information and Communications Technology.

According to Wang, the key benchmark of the development of new quality productive forces is the improvement of total factor productivity of the digital technology. The CAICT predicts that during the 15th Five-Year Plan period, the average contribution of digital technology's total factor productivity to economic growth will rise to 23.2 percent from 22.5 percent over the past four years.

China's digital economy to reach 80 trl yuan by 2030

China's digital economy to reach 80 trl yuan by 2030

Next Article

Winter fun activities draw tourists to Sichuan, Hubei

2024-12-25 05:22 Last Updated At:07:37

Ice and snow sports enthusiasts and tourists alike are reveling in numerous winter fun activities launched to boost tourism in southwest China's Sichuan Province and central China's Hubei Province.

In Ya'an City, Sichuan Province, a local ski resort opened to the public on Monday, featuring ski shows. Performers in various ski costumes demonstrated impressive skiing skills, drawing cheers from the audience. Both professional skiers and beginners were able to enjoy the thrill of skiing in winter here.

"It's my first time to try skiing. It's exciting and fun. I can see the Minya Konka peak, which is stunning," said Chen Keyi, a tourist.

"There are many winter tourism activities, and the temperature is perfect. We feel comfortable and cozy," said Qu Feng, another tourist.

In addition to performances, local authorities have used the area's natural resources, combining winter tourism with hot springs and local cuisine.

In Huanggang City, Hubei Province, skiers from nearby areas flock to the Taohuachong Ski Resort to experience the speed and excitement of winter sports. At an altitude of 1,088 meters, surrounded by pines and cedars, this ski resort stands out for its breathtaking views of rime. To enhance the tourist experience, Taohuachong has added three new ski runs.

"This ski resort is huge. We feel relaxed," said Li Mei, a tourist.

Local authorities have also integrated various resources, including ice and snow, hot springs, cuisine, and cultural products, to create a range of one-stop winter tourism experiences. With favorable winter tourism policies, these offerings are drawing more visitors.

"We headed for the hot spring right after skiing. It's been a wonderful and cozy experience," said Xia Ling, a tourist.

Winter fun activities draw tourists to Sichuan, Hubei

Winter fun activities draw tourists to Sichuan, Hubei

Winter fun activities draw tourists to Sichuan, Hubei

Winter fun activities draw tourists to Sichuan, Hubei

Recommended Articles