【COVID-19】Digital Economy Picks up Pace Thanks to Online and Offline Integration - 2020-04-17
Enterprises and factories have resumed operation and production, shops have reopened, logistics have returned to normal…Since the beginning of March, people’s lives have gradually got back to track. Many economists have voiced their confidence in China's economy. Morgan Stanley has recently raised its rating on China's stock market, and forecast a "strong" rebound of China’s economic growth in the second or third quarter. According to many experts, the rebound will usher in opportunities for some business models that have previously not been given due attention, among them the digital economy.
The digital economy can greatly benefit people's wellbeing, which always comes first and is the ultimate goal of economic growth or social progress. The development of the digital economy will imbue people with a stronger sense of gain. For instance, the digital economy has created numerous opportunities of employment, which is pivotal to people's wellbeing. The statistics show that WeChat brought about 22.35 million jobs in 2018. As more and more businesses resume operations, the digital economy will have a more promising prospect and play a greater role in stabilizing and boosting employment.
The digital economy is highly resilient. Since the outbreak of COVID-19, China has adopted the most comprehensive and stringent prevention and control measures to protect people's health. Amid the battle against the virus, fresh food delivery has sprung up, and catering businesses have begun to move online. As offline catering, transportation and other traditional industries are hit hard by the virus, screen-to-screen contact has replaced face-to-face communication, and online communication has replaced offline exchange. The digital economy has demonstrated its high resilience, as evidenced in the booming digital marketing and remote working collaboration, as well as the widespread applications of cutting-edge technologies including big data, artificial intelligence, the Internet of things and blockchain.
The digital economy can greatly benefit people's wellbeing, which always comes first and is the ultimate goal of economic growth or social progress. The development of the digital economy will imbue people with a stronger sense of gain. For instance, the digital economy has created numerous opportunities of employment, which is pivotal to people's wellbeing. The statistics show that WeChat brought about 22.35 million jobs in 2018. As more and more businesses resume operations, the digital economy will have a more promising prospect and play a greater role in stabilizing and boosting employment.
The digital economy is highly resilient. Since the outbreak of COVID-19, China has adopted the most comprehensive and stringent prevention and control measures to protect people's health. Amid the battle against the virus, fresh food delivery has sprung up, and catering businesses have begun to move online. As offline catering, transportation and other traditional industries are hit hard by the virus, screen-to-screen contact has replaced face-to-face communication, and online communication has replaced offline exchange. The digital economy has demonstrated its high resilience, as evidenced in the booming digital marketing and remote working collaboration, as well as the widespread applications of cutting-edge technologies including big data, artificial intelligence, the Internet of things and blockchain.
Application Status
04-16 | 21315227 | Processing |
03-12 | 21315226 | Processing |
09-26 | 21315225 | Processing |
Inquiry Status
02-29 | 02131558 | Received |
03-06 | 02131557 | Received |
11-14 | 02131556 | Received |
FAQ
Q: Q: Is there a place where I can get...
A: A: Log on to http://touch.shio.gov....
A: A: Log on to http://touch.shio.gov....
Q: Q: What is the easiest way to set u...
A: A: 1. Log on to http://touch.shio.g...
A: A: 1. Log on to http://touch.shio.g...
Q: Where can I get an English map of S...
A: English maps of Shanghai are availa...
A: English maps of Shanghai are availa...