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Reuters
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A new report from the Chinese Academy of Cyberspace Studies shows that the country’s digital economy reached more than $ 5 trillion in 2019.
The report showed that the proportion of e-commerce transactions in China increased to 6.7% in 2019, reaching 35.8 trillion yuan ($ 5.45 trillion), or 36.2% of the country’s GDP, indicating that the Covid-19 pandemic has underscored the importance of the internet, in what has become the digital economy. An important force to mitigate the impact of the virus.
Research in the report showed that by the end of May last year, China had covered all urban and rural areas with a fiber optic network.
The number of 4G stations in China reached 5.44 million in 2019, and the consumption of mobile data traffic reached 122 billion gigabytes in the same year, and by September 2020, China had built more than 480 5G stations, becoming thus the first in the world in this field.
Source: RT
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