New growth impetus spurs local development

Industries, investment and consumption gain as online economy evolves fast

China's digital economy is entering a new stage of development wherein emphasis will be more on business-oriented applications like industrial internet, which can facilitate integration of the digital and real economies, government officials and experts said.

Sensing the trend, local governments are accelerating the digital transformation and upgrade of industries, which is expected to fuel China's economic growth and innovation-driven high-quality development in spite of numerous challenges and external uncertainties.

Thirty-one provincial regions in the Chinese mainland have all highlighted the goal of developing the digital economy in their economic development plans.