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Home Economy/Technology

China’s Guizhou eyes 1trn yuan digital economy in 2024

Digital

The Matters Press by The Matters Press
January 25, 2024
Reading Time: 1 min read
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Nigeria to promote digital innovation, entrepreneurship – Pantami

Guiyang, Jan. 25, 2024: Southwest China’s Guizhou Province seeks to ensure its digital economy accounts for over 45 per cent of its Gross Domestic Product (GDP) in 2024, exceeding 1 trillion yuan.

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According to the on-going annual session of the provincial people’s congress, Guizhou’s GDP surpassed 2.09 trillion yuan in 2023, with the digital economy contributing about 42 per cent of its GDP.

Peng Xianhua, Deputy Director of the Provincial Development and Reform Commission, said that Guizhou saw breakthrough growth in its computing power last year as one of eight designated national computing hubs.

Xianhua said Guizhou was also with over 70,000 intelligent computing chips now in use in the province, a 93-fold year-on-year increase.

He said Guizhou also reached a milestone in 5G infrastructure construction, deploying 35,000 new base stations across key areas, industrial parks and transport hubs in 2023.

“Since the province was approved to build the country’s first national, comprehensive big-data pilot zone in 2016, it has become the frontrunner in the country’s big-data industry.’’

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