Experts seek to boost high-quality digital economy

BEIJING: Experts and insiders called for international cooperation to promote high-quality digital economy development at the 2022 Global Digital Economy Conference, which wrapped up in Beijing.
Themed “Embrace a Digital Future — New Factors, New Rules, New Patterns,” the three-day conference showcased cutting-edge digital technologies in the metaverse, virtual reality, and holographic projection and offered a glimpse into the latest achievements in the digital economy.
It also held a slew of online and offline activities such as forums, summits, and exhibitions to strengthen global exchanges and cooperation in the digital economy.
Experts and insiders said the world is transforming into a digital era, and the COVID-19 pandemic is accelerating the transformation pace; digital technology is affecting every aspect of social life, which is a challenge but also an opportunity; the rapid development of China’s digital economy would inject new impetus into the global economic recovery, and all countries should strengthen cooperation to boost the high-quality development of the digital economy.
Florian Tursky, state secretary of Austria’s Ministry of Finance, said in a video speech that as a digital power, China has a significant influence on the innovation and development of the digital economy, and Chinese information and communication enterprises have promoted the global digital transformation.
He said the key to success is cooperation, particularly regarding new trends and developments. He added that the COVID-19 pandemic has made people aware of the importance of digital innovations and new digital business models.
According to the white paper issued by the China Academy of Information and Communications Technology on Friday, China’s digital economy amounted to 7.1 trillion U.S. dollars in 2021, ranking second after the United States. –Agencies