Express
Hainan, China: Building a Hub for Digital Economy Innovation
Summary: Hainan Province in China has issued a three-year action plan to accelerate the construction of a distinctive and advantageous modern industrial system, focusing on building a hub for digital economy innovation. The plan aims to transform the digital economy industry clusters in Haikou and Hainan Ecological Software Park towards innovation and application-driven development. It includes ...
Hainan Province in China has issued a three-year action plan to accelerate the construction of a distinctive and advantageous modern industrial system, focusing on building a hub for digital economy innovation. The plan aims to transform the digital economy industry clusters in Haikou and Hainan Ecological Software Park towards innovation and application-driven development. It includes accelerating the development of computing power industry, fostering data element markets, promoting orderly data flow, and enhancing core competitiveness in digital application scenarios based on blockchain, AI, and big data technologies. The plan also involves advancing industries such as digital health, digital entertainment, and shared platforms, as well as actively developing industries like gaming, semiconductor chips, and integrated circuits. The plan aims to promote the digital transformation of enterprises in fields such as petrochemical new materials, modern biomedicine, high-end food processing, and equipment manufacturing, to drive integrated development of digital and real economies. By 2027, the core industries of digital economy in the province are expected to achieve an operating income of 220 billion yuan. (Zhixin Finance)