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China continues to promote smart city construction in 2020
China will continue to promote the construction of smart cities this year. The country's smart city expenditure in 2020 is projected to reach 26.6 billion U.S. dollars, second to the U.S., according to Worldwide Smart Cities Spending Guide, 2019H1 released by IDC, a famous IT research and consultation company.
China leads the way in building smart cities
China has been playing a leading role in the world in terms of smart city construction. Of the roughly 1,000 smart cities under construction worldwide, more than 500 are located in China.
China's digital economy thrives with greater business vitality
The thriving digital economy worldwide is reshaping the way of production and life. Against this backdrop, China is pushing forward the deep integration of the digital economy and the real economy so as to achieve high quality economic development.
Smart cities in China become more digitally interconnected
Smart cities in China are becoming more digitally interconnected and use the latest technologies such as Internet of Things (IoT), big data, artificial intelligence (AI) to manage services.
Digital China Holdings signs RMB 140 mln contract with Tangshan for smart city construction
Digital China Holdings Ltd. (DC Holdings, 00861.HK), a leading Chinese big data service and operation provider, recently signed a 140 million yuan of contract with Tangshan city in north China's Hebei province for smart city construction.
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