The digital economy in Xiamen, East China's Fujian province, has become a major driving force behind the new economy and the shift of growth drivers from old to new ones. [Photo/VCG]

The coastal city of Xiamen in East China's Fujian province achieved significant progress developing its digital economy, with many indicators ranking first in the province, particularly the development of e-commerce, digital industrialization and the research and development (R&D) of digital economy.

In accordance with the plan to build a digital China and a smart society, Xiamen has made major efforts to set up a modern industrial system led by digital economy, and accelerated the pace of integrating advantageous industries to build a new center for digital economy in the city.

Digital economy has become a major driving force behind Xiamen's high-quality development, and a solid foundation for digital industry has taken shape in the city. The scale of the digital economy in Xiamen is estimated to exceed 1 trillion yuan ($141.12 billion) in 2021.

Xiamen has cultivated a complete digital economy industrial chain, including industries such as integrated circuits, flat-panel displays, and computer and communication equipment, showcasing the competitive edge of the city in the digital economy sector.

Additionally, Xiamen has established a number of innovative industrial parks, offering a broad space for the R&D of the digital economy.