It’s a huge and growing target for filling government coffers. In 2019, the nation’s digital economy generated 35.8 trillion yuan ($5.52 trillion) of revenue, accounting for 36% of China’s GDP, according to the China Academy of Information and Communications Technology. The digital economy has expanded much faster than the rest of the economy over the past decade.
Continue reading this story with a subscription to DealStreetAsia.Subscribe
Already a Subscriber? Log in
Contact us for corporate subscriptions at firstname.lastname@example.org