According to CGTN, China has unveiled the Digital China 2025 action plan, aiming to achieve key breakthroughs in AI, the data market, and digital infrastructure. The initiative includes developing a unified national data market, increasing computing capacity to over 300 exaflops, and boosting the digital economy to account for more than 10% of national GDP.
The China National Information Center reported a 37% growth in startup vitality and a 29% increase in innovative technology firms in April, contributing to GDP in more than a 10%. Following to the latest data from China’s State Administration of Taxation, for April, corporate revenue increased 4.3% year-on-year, with a 4.4% increase in the manufacturing sector. Companies in the high-tech and digital economy sectors saw revenue increases of 15.3% and 13.4%.
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