A new report by the Chinese Academy of Cyberspace Studies showed the nation’s digital economy reached 35.8 trillion yuan ($5.45 trillion) last year, accounting for 36.2 percent of the country’s total GDP.
The report confirms that the Covid-19 pandemic has underscored the importance of the Internet, while the digital economy has become an important force in mitigating the impact of coronavirus, reshaping the economy and improving governance capabilities.
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