The Fourth World Internet Conference concluded on Tuesday in Wuzhen, East China's Zhejiang province. President Xi Jinping sent a congratulatory letter to the conference, in which he urged the international community to make concerted efforts to enhance cyberspace governance, showing the great significance China attaches to the issue. Beijing Youth Daily commented on Wednesday:[Special Coverage]
The development of the digital economy has become an irreversible trend, and in his letter, Xi said the development of China's digital economy is now in the fast lane, and he hopes more countries will be able to take a ride on its rapid development.
He expressed his hopes that there will be deeper exchanges and cooperation on the development of the digital economy and the internet so they can better serve to improve people's well-being worldwide.
Building a cyberspace community with a shared future has become the widespread understanding of the international society, and the increasingly wider application of fast-evolving information technology and artificial intelligence has become a new driver for economic growth.
For instance, Chinese people have ordered takeouts online about 300 million times so far this year. The online sales of takeout food are expected to reach more than 400 billion yuan ($60.48 billion) by 2020, creating half a million jobs in food delivery. The scale of China's digital economy last year was 22.58 trillion yuan, 30.3 percent of its GDP that year, and it accounts for 40 percent of the total sum of global e-commerce transactions.
The annual world internet conference provides a platform to coordinate the actions of different countries to boost the growth of the digital economy.
As Xi pointed out the development of the internet poses many new challenges to the sovereignty, security, and development interests of all countries. And he pledged, China will work with the international community to safeguard cyberspace security.
