Digital economy, China is the second world power

04/12/2018

 

China follows the USA in the special ranking drawn up by the Social Sciences Academic Press

 

To confirm the continuous digital growth of China now there are no more individual data, but also of world studies. According to the “Report on the development of the competitiveness of world innovation”, in fact, published on the Social Sciences Academic Press (China), China has become the second largest digital economy in the world (about $ 3.5 trillion) behind the United States. In this special ranking, Japan and the United Kingdom rank third and fourth respectively.

The Yellow Book of Research, Report on the Development of Competitiveness of Worldwide Innovation (2011-2017), states that after 70 years of development, the digital economy has infiltrated various aspects of society at several levels, becoming a crucial factor for sustainable innovation of the global economy.

 

The global digital economy has maintained a low but stable development

 

According to the report, in terms of competitiveness of innovation and stating that the digital economy is closely related to innovation, the United States, China, Japan and the United Kingdom rank respectively in the first, tenth, fourth and in ninth place.

Another interesting fact is that of the number of internet users per thousand people, as well as the popularity, the application and the ability to digitize. The results show that the global digital economy has maintained a low but steady development over the past five years.

 

Many countries have highlighted weaknesses in the development of the industry

 

The report divided 100 main countries into four categories based on the levels of development of the digital economy. The grouping indicated large gaps between each category and the least developed category is far behind the former, revealing a serious imbalance in the development of the digital economy.

High scores in all sectors were the United States and the United Kingdom, many others showed obvious weaknesses in the development of the industry.

 

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