![]() Hangzhou, the home to e-commerce giant Alibaba Group Holding and other leading Chinese internet firms, has gained huge success in becoming a digital economy. ![]() The introduction of the concept of the digital economy has given GDP a new meaning, namely Gross Digital Product, which will become a reference index to measure the potential of urban development. ![]() The competition in the past was mainly on total GDP (Gross Domestic Product), but in the new era, it is difficult to measure a city’s future competitiveness simply by the input of resources. The final data shows Hangzhou, together with Shanghai, Beijing, Shenzhen, and Guangzhou, has scored in the top group.ĭigital China is the first major development strategy explicitly proposed in the report at the 19th CPC National Congress. ![]() The report is based on an assessment of the future development potential of 36 major cities in the digital economy. (China Knowledge) - Ali Research Institute and Yicai Global jointly released a report on the digital economic development in China’s major cities. ![]()
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