BEIJING, Sept. 6 (Xinhua) – East China's Zhejiang Province is crafting the Friday-held World Digital Economy Conference 2019 into an international platform for industrial communication and cooperation to shape itself into a model province for building Digital China.
The conference, which was named the World Digital Economy Conference 2019 and the 9th China Smart City and Intelligent Economy Expo in full, was convened in Ningbo of Zhejiang and attracted a host of reputed scholars such as George F. Smoot, a Nobel laureate in Physics, and Pan Yunhe, an academician of Chinese Academy of Engineering.
Zhejiang, as a pioneer for developing digital economy in China, launched the conference together with the local government of Ningbo, etc. to share new concept, achievements and trends of digital economy, exhibit advanced digital economy technologies, products and application scenes and pool more innovative factors and advantages.
In recent years, the Chinese coastal province has taken digital economy as its top priority and by implementing a 5-year plan for boosting digital economy, it has expanded its digital economy industrial clusters and advanced transformation of manufacturing industries.
In 2018, Zhejiang boasted a total output of digital economy at 2.33 trillion yuan, up 19.26 percent year on year and taking up 41.54 percent of its provincial gross product last year.
For the next step, the province aims to improve total provincial output of digital economy to more than four trillion yuan by 2022, which is to account for over 55 percent of its provincial gross product. (Edited by Duan Jing, firstname.lastname@example.org)