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SZ takes the lead in China in digital economy

News Snapshot:

Xia Yuanjie [email protected] SHENZHEN took the lead among Chinese cities in terms of the scale and quality of digital economy, with the added value of its core digital economy industries accounting for 30 percent of Shenzhen’s GDP, data released Wednesday by the Shenzhen Municipal Industry and Information Technology Bureau showed. The data also showed that in the first three quarters of 2021, the number of newly registered digital economy enterprises in Shenzhen increased by over 80 percent year on year. The sector’s leading companies are establishing a foothold in Shenzhen — for instance, China Electronics relocated its headquarters from Beijing…

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