In 2023, the value-added output of core industries in the digital economy reached 12.75 trillion yuan (about 1.74 trillion U.S. dollars), 9.9 percent of China's total gross domestic product (GDP), according to data released by the National Bureau of Statistics of China on Tuesday. The data, calculated on the basis of China's fifth national economic census, is expected to comprehensively reflect the development status of core industries of the country's digital economy.
From the internal structure of the core industries of the digital economy, the added value of the digital technology application industry was 5.56 trillion yuan (about 761.71 billion U.S. dollars), accounting for the highest proportion of the core industries of the digital economy, at 43.6 percent.
The added value of the digital product manufacturing industry was 4.31 trillion yuan (about 590.46 billion U.S. dollars), accounting for 33.8 percent; the added value of the digital-factor-driven industry was 2.47 trillion yuan (about 338.38 billion U.S. dollars), accounting for 19.4 percent.
The added value of the digital product service industry was 403.7 billion yuan (about 55.30 billion U.S. dollars), accounting for 3.2 percent.
Value-added output of core industries in digital economy accounts for 9.9 percent of China's GDP
China's largest integrated photovoltaic(PV)-hydrogen-storage project located in Jiangsu Province was connected to the grid and begun power generation from Tuesday, said state-owned energy firm CHN Energy Friday.
Located on the coastal tidal flats of the Yudong Reclamation Area in Rudong County, it is China's first integrated offshore facility combining PV power generation, hydrogen production and refueling, and energy storage, all within a framework of comprehensive energy utilization and coastal ecological restoration.
The 400-megawatt project, spanning 4,300 mu (around 286.67 hectares), incorporates a newly constructed 220 kV onshore booster station, a 60 MW/120 MWh energy storage facility, and a hydrogen production and refueling station with a capacity of 1,500 cubic meters per hour and 500 kilograms per day, respectively.
Part of China's third batch of Desert, Gobi and Rocky Areas Mega Wind and Solar Base Projects, the Rudong facility is expected to generate around 468 million kilowatt-hours of electricity annually.
The project is expected to deliver significant environmental benefits, including an annual reduction of approximately 309,400 tons of carbon dioxide emissions, 562.6 tons of sulfur dioxide emissions, and 1,125.3 tons of nitrogen dioxide emissions.
China's largest integrated PV-hydrogen-storage project begins power generation
