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Digital China Driving the Nation’s Economic Growth

China’s digital economy is set to reach 50.2 trillion yuan in 2022, accounting for 41.5% of GDP, according to the “Digital China Development Report” released by Cao Shumin, Deputy Director of the Central Cyberspace Affairs Commission and Deputy Director of the State Cyberspace Administration.

The report was unveiled during the recently held 6th Digital China Construction Summit in Fuzhou. The digital economy has become a critical driver for China’s steady growth and transformation, as its digital infrastructure has significantly expanded.

By the end of 2022, China had opened 2.312 million 5G base stations and had 561 million 5G users, more than 60% of the world’s total. Additionally, China’s mobile Internet of Things (IoT) terminal users have reached 1.845 billion.

The report also stated that China’s construction of a data resource system is accelerating, and data output is expected to reach 8.1 ZB in 2022, a year-on-year increase of 22.7%, which accounts for 10.5% of the world and ranks second globally. Meanwhile, digital culture has become a new driver of cultural prosperity and development in China.

The digital transformation of cultural venues has accelerated, and the digital service capabilities of national reading and art popularisation have significantly improved. The number of digital reading users in China has reached 530 million, and the works of key national online literature companies have exceeded 30 million.

In 2023, China will accelerate the construction of Digital China, consolidating the foundation of digital infrastructure, and enhancing the circulation of data resources. The goal is to comprehensively empower economic and social development, enhance the digital economy, develop efficient coordination for digital government affairs, create a confident and prosperous digital culture, and build an inclusive and convenient digital society.

China also aims to strengthen the key capabilities of Digital China, build a self-reliant digital technology innovation system, and establish a credible and controllable digital economy security barrier. The country will optimise the digital development environment, establish a fair and standardised digital governance ecosystem, and build an open and win-win international cooperation pattern in the digital field.

China’s rapid digital transformation and development have been driven by the government’s strong support and investment in technological innovation. The country’s digital infrastructure has grown rapidly, with 5G technology being at the forefront. The development of digital technologies has enabled Chinese businesses to increase their efficiency and expand their reach, making the country one of the leading digital economies in the world.

Moreover, China’s robust digital infrastructure is driving its economy and culture forward. The country is also accelerating the construction of a green and intelligent digital ecosystem, aimed at promoting economic and social development, digital government affairs, and a successful digital culture.

China’s focus on digital culture has allowed it to create new opportunities for cultural prosperity and development. With digital reading and online literature gaining popularity, China has built a new platform for cultural innovation, and the country’s online literary works have seen significant growth.

The nation’s plans to accelerate the construction of Digital China in 2023 will likely see further growth in the country’s digital economy and infrastructure. The government’s focus on enhancing digital technologies will undoubtedly drive the country’s economic growth and development, making China an even more prominent player in the global digital economy.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.