China vows to further boost $3.8 trillion digital economyStaff Writer | September 27, 2018
China’s state planner on Sept. 26 called for further advancement in the country’s $3.8 trillion digital economy, saying sectors such as big data and artificial intelligence (AI) will become drivers of job creation.
Asia The Chinese economy is in the midst of a long-term restructuring
“China will promote the digital transformation of traditional sectors, driving more workers to switch jobs and improve the quality of employment,” the National Development and Reform Commission (NDRC) said.
China will make further inroads into areas such as the internet of things, big data, cloud computing and AI, and create more high-end jobs, the state planner said.
The country will also actively attract foreign talent to promote the innovation of its digital economy, the NDRC said. ■