The digital economy, a model that has emerged following the agricultural and industrial economies, has been thriv-ing. In China, its added value increased from 2.6 trillion yuan ($410.09 billion) in 2005 to 39.2 trillion yuan ($6.18 trillion) in 2020, said a white paper published by a think tank affiliated with the Ministry of Industry and Information Technology.
According to the plan on its development during the 14th Five-Year Plan (2021-25) period issued by the State Council in December 2021, the added value of the sector's core industries will ac-count for 10 percent of China's GDP by 2025, up from 7.8 percent in 2020. These industries include digital product manufacturing and services, tech-nology application and Internet-based businesses.