Beijing will develop into a global exemplar city for digital economy with an overall transformation in production, governance and lifestyle driven by digitization, Yin Yong, mayor of the city, said on Sunday during the second session of the 16th Beijing Municipal People’s Congress.
In 2023, the city’s GDP reached 4.4 trillion yuan ($61.16 million), up 5.2 percent year-on-year, while the digital economy contributed 42.9 percent to its GDP, compared with 41.6 percent in 2022. Beijing has set a GDP growth target of 5 percent for this year, according to the government work report.
