Netizens Bring Vitality

Www.xinhuanet.com April 29

The number of netizens in China had reached 904 million as of March this year, while Internet penetration reached 64.5 percent, according to a report on China’s Internet development released by the China Internet Network Information Center. Such an index indicates a vast market for the digital economy. All sectors, with the assistance of the Internet, are able to create new growth drivers and achieve economic and social development while continuing epidemic prevention and control.

By 2019, China had built the world’s largest fiber optic and mobile communication network, with more than 98 percent of administrative villages connected to fiber optic and 4G. With the rapid development of 5G technologies, which is part of the country’s new infrastructure plan, as well as the application of technologies such as artificial intelligence and intelligent networking, it is foreseeable that the Internet will provide users yet more convenience and efficiency in the future.

The wisdom and vitality of those netizens have generated new business models. The integration of Internet industries is no longer limited to online shopping, having become an important engine to boost China’s consumption for many years. The application of big data, live-streaming, online education platforms and other applications of the digital economy amid the pandemic has helped the resumption of work and production, as well as returning people’s lives to normal.

As China speeds up the construction of new infrastructure facilities, the commercial deployment of 5G and the intelligent transformation of enterprises, the Internet industry is set for another phase of rapid development. It can also help China to overcome the difficulties caused by COVID-19, while creating more opportunities for industrial upgrading.