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State of Digital Transformation in China – Part 2

Posted July 27, 2020December 13, 2020 askvisorPosted in Blogs

In our part 1 of the blog, we shared on the state of China’s digital economy . In this blog, we will share on a few key emerging trends in China’s digital transformation as it emerges from the COVID-19 pandemic crisis. Firstly, the lockdowns in many cities across China earlier this year have accelerated the […]

State of Digital Transformation in China

Posted July 7, 2020July 7, 2020 askvisorPosted in Blogs

China’s digital economy registered RMB 35.8 trillion (USD 5.07 trillion) in 2019, according to the China Academy of Information and Communications Technology (CAICT), a government think tank. CAICT published a white paper on “Development of China’s Digital Economy (2020)” on 6th July 2020, highlighting that digital economy now already accounts for more than 36% of […]