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China's Zhejiang sees growth in digital economy in 2019

May 13, 2020


Abstract : The added value of core industries in the digital economy of east China's Zhejiang Province exceeded 622.89 billion yuan (about 87.86 billion U.S. dollars) in 2019, up 14.5 percent year on year, according to a report released on Tuesday.

HANGZHOU, May 12 (Xinhua) -- The added value of core industries in the digital economy of east China's Zhejiang Province exceeded 622.89 billion yuan (about 87.86 billion U.S. dollars) in 2019, up 14.5 percent year on year, according to a report released on Tuesday.

The core industries include electronic information manufacturing and software. In 2019, the revenue of software industries in the province reached 610.18 billion yuan, up 17.6 percent year on year, the report said.

With the digitalization in agriculture, manufacturing, and other industries, the digital economy has become an important engine of the province's high-quality development, according to the report.

The document also pointed out the number of Internet users in the province exceeded 47.29 million in 2019, with the Internet penetration rate reaching 80.9 percent.

The report was jointly made by the Zhejiang Communications Administration, Economy and Information Department of Zhejiang, and other departments. Enditem

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Keyword: Zhejiang digital economy

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