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.