China’s digital economy is projected to reach 80 trillion yuan by 2030, driven by the integration of digital and real economies, as well as improvements in productivity. The country’s ICT sector is expected to grow at an average annual rate of 8 percent over the next three years. This growth will be fueled by the increasing demand for digital technologies and the government’s efforts to promote the development of the digital economy.
The digital economy’s contribution to China’s economic growth is expected to rise significantly, with the average contribution of digital technology’s total factor productivity to economic growth reaching 23.2 percent. This growth will be driven by the increasing adoption of digital technologies, such as artificial intelligence, blockchain, and the Internet of Things. The digital economy is expected to play a major role in driving China’s economic growth and development in the coming years. China’s digital economy is expected to become a key driver of economic growth and development.
