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China Daily / 2024-04 / 24 / Page008

Internet spirit should be nurtured to make life better

China Daily | Updated: 2024-04-24 00:00
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China gained full access to the World Wide Web 30 years ago, on April 20, 1994. Thirty years later, China has the largest network infrastructure and the second-largest digital economy in the world.

The digital economy has become a powerful engine for China's economy. With the support of advanced internet technology, even small sellers in China are able to enjoy the benefits of globalization, selling their goods to the world, while Chinese internet entrepreneurs have extended their e-commerce platforms to the whole world.

Today, the market capitalization of Chinese internet enterprises has reached nearly 10 trillion yuan ($1.38 trillion), with nine of them ranking among the top 30 in the world. Last year, China's online retail sales reached 15.4 trillion yuan, ranking first in the world for 11 consecutive years.

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