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Zhejiang ranks among top Chinese provinces in digital economy

(ezhejiang.gov.cn) Updated : 2020-07-31

Jiangsu province, Zhejiang province, and Shanghai city in the Yangtze River Delta region are among the top locations in China in terms of digital economy, as shown in the 2019 Statistic Report on Zhejiang's Internet Industry, which was published by the Zhejiang Internet Association on July 29.

According to the report, Jiangsu, Shanghai, and Zhejiang rank third, fourth, and fifth, respectively, among China's provincial-level regions in terms of their digital economy development index.

The total number of companies related to the artificial intelligence industry in the three locations accounts for nearly a third of the national aggregate.

Zhejiang ranked third among all provincial-level regions in the strength assessment of both the big data industry and the internet of things industry.

Zhejiang has a total of five industrial parks that are dedicated to blockchain industry, more than any other provincial-level region in China. The province also ranked first in the country in terms of the extent of the digitalization of its economy.

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Visitors learn about the future applications of the combination of 5G and blockchain technology at an industrial expo in Hangzhou, Zhejiang province. [Photo by Long Wei/For China Daily]