The 8th Digital China Summit will convene in Fuzhou, southeast Chinas Fujian Province, from April 29 to 30, showcasing the nations digital improvement accomplishments amid robust development in the digital sector.The summit aims to attend to traffic jams in data utilization and understand market-oriented value creation, stated Liu Liehong, head of the National Data Administration, at a State Council Information Office interview on Monday.Chinas digital industry created 35 trillion yuan (about $4.9 trillion) in business profits in 2024, up 5.5 percent year on year, with total revenue reaching 2.7 trillion yuan, a 3.5-percent boost, official data showed.Liu added that the top will release a series of policy documents, consisting of reports on digital China development and the national data resource study, which will serve as tactical assistance for future digital development.More than 300 expert institutions are anticipated to participate in the occasion, with companies making up over 75 percent of individuals and private enterprises going beyond 50 percent, both figures a boost from previous editions, said Guo Ningning, Party chief of Fuzhou.The occasion will feature over 100 activities fixated digital improvement, data component applications, technological advancements and commercial cluster development.A highlight of this years top will be the unprecedented display screen of innovative technologies, with more than 65 percent of the products appearing for the first time.
Guo noted that they include smart robotics, advanced drones, brain-like computing, and large multi-modal language models.Visitors will experience immersive digital situations, including interactive humanoid robot greeters, robotic canine performances, and digital cultural experiences in Fuzhous historical and cultural city blocks like Sanfangqixiang, which suggests 3 lanes and seven streets, blending standard culture with modern technology.The digital economy has become a considerable driver of Chinas financial growth, with core digital markets contributing roughly 10 percent of gdp in 2024.
Meanwhile, Chinas lighthouse factories now represent over 40 percent of the worldwide total.Lighthouse factories are plants recognized by the World Economic Forum for their management in the Fourth Industrial Revolution.The National Data Administration will continue concentrating on market-oriented reform of data elements, guiding pilot jobs of digital China development in crucial regions, and promoting worldwide cooperation to additional advance digital financial advancement, Liu said.