Fuzhou Makes Strides to Become China's Highland in Digital Economy(2)

From 2017 to 2021, the scale of China's digital economy has increased from 27 trillion yuan to 45 trillion yuan, ranking second in the world, with the annual compound growth rate reaching 13.6 percent.

In 2021, the added value of Fujian's economy hit 2.3 trillion yuan, up 15 percent from a year earlier, and the digital economy accounted for 47 percent of Fujian's GDP.

To give digital economy the full play to drive the province's high-quality development, Fujian has taken multiple measures on enhancing digital infrastructure construction, accelerating cutting-edge technology R&D, cultivating industrial clusters and improving digital laws and regulations, said Guo.

More than 120,000 5G base stations are expected to be built by 2025 in Fujian, and the overall computing efficiency of its data center plans to reach 71 billion times per second.

During the 14th Five-Year Plan (2021-25), the Fujian government aims to nurture five industrial clusters of digital economy, with scale exceeding 100 billion yuan each.

Besides this, financial tools will also be introduced, such as the government investment fund in the digital industry, to inject impetus for the financing of digital enterprises.

"We are sparing no efforts to build Fujian into a highland of digital economy, a pilot zone in this area of China," according to Guo.