Growth of latest digital infrastructure underway
China is actively accelerating the construction of a new round of digital infrastructure in an effort to offset economic sluggishness and foster high-quality development, the country's top industry regulator said on Wednesday.
Xie Shaofeng, spokesman for the Ministry of Industry and Information Technology, said new infrastructure construction-such as 5G and data centers-will be a key step to inject new impetus into the economy.
"It will help offset short-term downside pressure and this considerable increase in investment will play a prominent role in fueling economic growth," Xie said at a news conference in Beijing. "In the long run, new infrastructure construction will foster new growth drivers to develop the digital economy and promote high-quality development."