China’s economy to be mainly digital by 2021

Posted on 29 Nov 2017 by Jonny Williamson

Approximately 50% of the global GDP will derive from the digital economy, with more than 55% in China, market research company says. 

China’s economy will be mainly digital by 2021 – image courtesy of Pixabay By 2019, global capital expenditures for digital transformation will reach $1.7tn, a 42% increase from 2017, and the figure will hit $310bn in China. This represents a 35% increase from 2017, Wu Lianfeng, vice-president of the market research…

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