August 15, 2022
BEIJING – Beijing rated initial among the the major 50 digital economy towns in 2022, followed by Shanghai, Shenzhen, Guangzhou and Hangzhou, in accordance to a report jointly issued by eNet Investigation and Deben Consultancy.
A full of 8 towns in Guangdong province, 7 towns from Jiangsu province and 5 in Zhejiang were being in the top 50. The coastal locations in southeastern China have robust ability in electronic financial system.
In 2020, the scale of China’s digital economic climate reached 39.2 trillion yuan ($5.82 trillion), accounting for 38.6 p.c of GDP. From 2011 to 2020, the aggregate of digital financial state in China expanded 4.12 moments, with annual compound progress fee at 17.06 percent, statistics confirmed.
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