Digital Economy Contributes 10% to GDP, Data Production Surges 25%

The National Data Bureau has released its latest report, revealing that the core industries of the digital economy contributed approximately 10% to the country's GDP in 2024. This significant figure underscores the robust development of digital infrastructure and technological innovation, marking a substantial milestone in the country's digital economy journey.

The report highlights that the digital foundation of the country has been further solidified, with digital technology innovation reaching new heights. This progress is evident in the rapid expansion of digital infrastructure and the vibrant data element market. The total data production volume reached 41.06ZB in 2024, marking a 25% increase from the previous year. This surge in data production is indicative of the country's commitment to advancing its digital economy, which has seen substantial growth in recent years.

The report also notes that the country has made significant strides in the development of digital infrastructure. The algorithmic total scale reached 280EFLOPS, and 425.1 million 5G base stations were built. Additionally, eight major data node regions accounted for more than 60% of the country's new algorithmic capacity, further solidifying the country's position as a leader in digital technology.

The growth of the digital economy is not only reflected in the increasing contribution to GDP but also in the enhanced efficiency and quality of digital services. The report highlights that the digital economy's core industries have seen significant improvements in productivity and innovation. This is evident in the rapid development of digital infrastructure, which has facilitated the growth of data-intensive industries. The active data element market and the expansion of digital infrastructure have created a conducive environment for the digital economy to thrive.

The country's efforts in digital China construction have yielded tangible results, positioning it as a leader in the global digital economy landscape. The eighth Digital China Construction Summit, held in Fujian, further emphasized the country's dedication to fostering a digital economy. The summit provided a platform for discussing the latest developments and future directions in digital technology and its applications. This event underscores the country's commitment to advancing its digital economy and solidifying its position as a global leader in digital technology.