In recent years, the development of China’s digital economy has showcased remarkable vitality and immense potential, providing a key and deterministic driving force for the digitalization of the global economy. By proposing initiatives such as the Digital Silk Road, China has promoted cooperation among countries in cutting-edge fields like artificial intelligence (AI) and advanced network infrastructure. Advocating the principle of achieving shared growth through consultation and collaboration, China’s approach has been warmly welcomed by nations around the world.
China has laid a solid foundation for broad global cooperation in advanced network infrastructure. For instance, the deployment of 5G technology represents a significant effort by China in digital infrastructure, both domestically and internationally. It stands as one of the largest infrastructure projects for the digital economy worldwide. Official statistics indicate that the scale of China’s digital economy reached 53.9 trillion yuan (about \$7.5 trillion) in 2023, accounting for 42.8 percent of the country’s GDP. These achievements in network infrastructure have not only provided favorable conditions for the transformation of Chinese enterprises but also offered a “fast track” for global businesses entering the Chinese market.
In the rapidly evolving field of AI, China’s contributions are particularly noteworthy. As of the first quarter of 2024, China’s large AI models accounted for 36 percent of the world’s total, second only to the United States at 44 percent. The number of large AI models with over one billion parameters has exceeded 100 in China. This implies that China is providing global users with more choices in exploring cutting-edge technologies, making advanced achievements more accessible and beneficial to the public.
China’s digital development is not just about technological advancement; it’s about fostering global stability and cooperation. By sharing its successes and encouraging collaborative growth, China is helping to create a more connected and prosperous world.
Reference(s):
China's digital development brings certainty & stability to world
cgtn.com
