Fuzhou, 26 July 2022 (TDI): The 5th Digital China Summit was held in the capital of the Fujian province of China. It was a two-day summit from 23 July to 24 July.

The government authorities of Fujian province arranged the summit. In addition, the Cyberspace Administration of China and the Ministry of Industry and Information Technology sponsored the event.

The summit’s objective was to highlight China’s recent accomplishments in digitalization. Along with this, different China-made digital products were showcased. The purpose of showcasing these products was to illustrate the significance of technology in sustainable economic growth.

This year’s summit continues the excellent trend set by the previous digital summits. There were 18 sub-forums on technological innovations at the summit. Notably, the total area allotted for the exhibition was more than 200,000 square meters.

Moreover, approximately 500 participants exhibited their latest technological accomplishments on the spot. The majority of these were self-developed solutions.

Themes of Discussion

On Saturday, Huang Kunming addressed the digital summit through videoconference. Huang Kunming is a member of the Political Bureau of the CPC Central Committee and head of the Publicity Department of the CPC Central Committee. He urged local governments and businesses to explore new possibilities and generate new benefits due to a surge of digital growth.

Also, many technology experts and digital industry insiders participated in the summit. They emphasized that the effective regulation of key technologies is necessary for the safety of supply chains. Therefore, it is vital to utilize digital transformation to improve the modes of production, lifestyle, and administration.

The digital sector plays a crucial role in China’s economic growth. The digital sector’s proportion of total GDP increased from 33 to 39.8 percent during the last four years.

Markedly, China’s digital economy ranked 2nd highest in the world. It was due to its exceptional growth from 27 trillion yuan to more than 45 trillion yuan during 2017-2021.