*In 2022, China’s digital economy had reached 50.2 trillion yuan (about 6.99 trillion U.S. dollars), up from 11 trillion yuan in 2012. *At the national level, China will promote deeper integration of the digital and real economies, and support small and medium-sized enterprises in speeding up transformation. *China aims to step up research, development and application of new technologies to make AI more widely utilized in major fields such as agriculture, industry, finance, education and medical services, while also diversifying application scenarios. HANGZHOU, Nov. 9 (Xinhua) — One can get information about physical conditions, advice on diet, and even prescriptions by putting a hand into a small AI-powered instrument for two minutes. This is not a science fiction scenario, but a real practice demonstrated at the ongoing expo of the 2023 World Internet Conference (WIC) Wuzhen Summit held in east China’s Zhejiang Province. This photo taken on Nov. 7, 2023 shows a view of the Light of Internet Expo in Wuzhen, east China’s Zhejiang Province. (Xinhua/Huang Zongzhi) It comes amid the immense progress China has made in digitalization over the past decade. In 2022, China’s digital economy had reached 50.2 trillion yuan (about 6.99 trillion U.S. dollars), up from […]
Xinhua Headlines: China’s economy ushers in digital transformation
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