Global Connection | Finnish expert: China's digital economy is becoming more and more important for itself and the world

  Xinhua News Agency, Helsinki, September 5 (Reporter Zhu Haochen) The 2021 China International Trade in Services Fair kicked off in Beijing on the 2nd.

Karl Fei, a professor at the Business School of Aalto University in Finland, said in an exclusive interview with a reporter from Xinhua News Agency that this session of the Service Trade Fair has shown vision and foresight in focusing on the digital economy. China's digital economy is becoming more and more important for itself and the world.

  "China has achieved considerable success in the digital economy, which is largely due to the Chinese government's forward-looking policies in the construction of digital economy infrastructure." Karl Fei told reporters.

  The theme of this year's Service Trade Fair is "Digital opens up the future, and service promotes development".

Statistics show that by the end of 2020, the added value of the core industries of the digital economy accounted for 7.8% of China's GDP.

The continued rapid growth of the digital economy is becoming an important driving force for China's high-quality development.

  On May 8, at the first China International Consumer Goods Expo held in Haikou, Hainan, the staff demonstrated a digital renminbi payment terminal.

Photo by Xinhua News Agency reporter Guo Cheng

  Karl Fei believes that China has accumulated a lot of experience in the development of the digital economy, such as the government providing companies with experimental space, revitalizing the domestic market for digital services, and supporting and encouraging innovative companies in this field. Discuss and share with foreign participants.

  "In addition, Chinese consumers need more and better products and services, which brings new business opportunities to domestic and foreign participants, and this service trade fair will also build an efficient business negotiation platform for this." Karl Fei said.

  A panoramic view of the Digital Economy Industrial Park of Chongqing Liangjiang New District in the China (Chongqing) Pilot Free Trade Zone (data photo).

Xinhua News Agency

  He said that taking the Service Trade Council as an opportunity to promote digital cooperation in world trade in services is not only conducive to China's own economic development, but also conducive to the recovery of the world economy.

The Service Trade Fair is not only an important event for China to vigorously support the development of the service industry, but also another vivid example of China's promotion of opening up.

  This is the Digital China Construction Achievement Exhibition taken at the 3rd Digital China Construction Summit held in Fuzhou, Fujian (photographed on October 12, 2020).

Photo by Xinhua News Agency reporter Wei Peiquan

  Carl Fei said that China's digital transformation has left a deep impression on the world. China has reached the world's leading level in the field of digital services, but the level of digital services is still uneven in different regions and different industries.

If these aspects are gradually strengthened, China's digital economy will achieve greater progress.

(Editing: Wang Kewen; Editing: Li Jie, Xu Chao, Fan Yu, Du Jing, Su Liang, Xie Binbin, Sui Lixi, Cheng Dayu)

  Produced by the International Department of Xinhua News Agency

  Produced by Xinhua News Agency’s International Communication Integration Platform