China’s digital economy surges in 2020 amid pandemic, making up nearly 40 per cent of country’s GDP

//China’s digital economy surges in 2020 amid pandemic, making up nearly 40 per cent of country’s GDP

China’s digital economy surges in 2020 amid pandemic, making up nearly 40 per cent of country’s GDP

China’s digital economy made up nearly 40 per cent of the country’s gross domestic product in 2020, as consumers and businesses moved many of their daily activities online amid the disruptions caused by the coronavirus pandemic.That segment of China’s economy amounted to 39.2 trillion yuan (US$6 trillion) last year, an increase of 3.3 trillion yuan from 2019, according to the white paper Digital Economy Development in China (2021), published by the China Academy of Information and Communication…

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By | 2021-04-27T10:00:07+00:00 April 27th, 2021|Business|Comments Off on China’s digital economy surges in 2020 amid pandemic, making up nearly 40 per cent of country’s GDP