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Other CategoriesIn 2016, China's digital economy once again showed strong growth momentum, consolidating its position as the world's second largest digital economy, while its share in China's national economy continued to rise, highlighting the importance of the digital economy in the Chinese economy. The rapid growth of China's digital economy is not only reflected in the speed, but also shows a positive development trend in the structure, and this development has become an important engine to promote China's industrial upgrading, quality and efficiency.
First, in terms of speed, China's digital economy has maintained a rapid growth rate higher than GDP growth since 2002. Especially after 2011, China's GDP growth gradually slowed down, while the growth rate of the digital economy continued to rise, widening the gap between the growth rate and GDP. In 2016, the growth rate of China's digital economy reached 18.9%, which is 2.8 times the GDP growth rate. The digital economy's share of China's GDP also continued to climb, reaching 30.3%, up 2.8% from 2015. Although this figure is lower than the level of major developed countries in the world, it still reflects the strong development of China's digital economy. In the past 15 years, the digital economy has contributed 34.3 percent to China's GDP growth.
Secondly, from a structural point of view, China's digital economy has gradually formed a virtuous cycle in which the cultivation of new kinetic energy and the upgrading of traditional kinetic energy promote each other. The basic digital economy, represented by the software industry, has maintained rapid growth, although it has huge development potential, but its proportion in the overall digital economy is relatively small. On the contrary, the rapid development of the integrated digital economy has become the main force of China's economic growth. The proportion of integrated digital economy in the digital economy has reached 76.2%, which covers new models and new business forms such as network collaborative research, service-oriented manufacturing, personalized customization, platform operation and intelligent manufacturing. These new drivers are emerging, providing strong support for the innovation and upgrading of China's industries.
Overall, China's digital economy is growing rapidly, is large and has great potential. The continuous rise of the digital economy has become an important engine of China's national economy, and has played a key role in promoting innovation and improving the quality and efficiency of Chinese industries. As the digital economy continues to grow, China's influence in the global digital economy will also continue to increase. The development of the digital economy will continue to inject new impetus into China's economic growth and promote the Chinese economy to a more prosperous future.
