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Highlights of the blueprint for China's digital economy in 2021-2025

Time:2022-01-14 15:05:32 Source:chinadaily.com.cn

A staff member displays a smart mirror at the China International Digital Economy Expo 2021 in Shijiazhuang, North China's Hebei province, Sept 7, 2021. [Photo/Xinhua]


China's State Council on Jan 12 unveiled a plan to further promote the development of the digital economy during the 14th Five-Year Plan period (2021-25), which is also the first national-level special plan on the digital economy. Here are some highlights from the guideline:


Key numbers:


- By 2025, the added value of the core industries in the digital economy is expected to account for 10 percent of GDP, up from 7.8 percent in 2020.


- The number of users of the Internet Protocol version 6 (IPv6) based services is expected to hit 800 million by 2025, compared to 460 million in 2020.


- The number of China's gigabit broadband users is expected to jump from 6.4 million in 2020 to 60 million in 2025.


- The size of the software and information technology service sector is expected to grow from 8.16 trillion yuan in 2020 to 14 trillion yuan in 2025.


- Online retail sales and the size of e-commerce is expected to be 17 trillion yuan and 46 trillion yuan in 2025.


- The penetration rate of industrial internet platform application is expected to jump from 14.7 percent in 2020 to 45 percent in 2025.


A correspondent views a 3D display product at the Smart China Expo 2021 in Chongqing, Southwest China, Aug 22, 2021. [Photo/Xinhua]


The plan also details key tasks in eight areas:


- Optimizing and upgrading digital infrastructure


- Giving full play to the role of data elements


- Moving forward digital transformation of industries


- Speeding up the digital industrialization


- Enhancing the digitization of public services


- Setting up a sound digital economy governance system


- Strengthening the security system of the digital economy


- Expanding international cooperation on the digital economy