Xi's article on building stronger digital economy to be published

BEIJING -- An article by President Xi Jinping on making continuous efforts to build a stronger digital economy in China will be published.

The article by Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, will be published on Sunday in this year's 2nd issue of the Qiushi Journal, a flagship magazine of the CPC Central Committee.

The article stresses that the rapidly developing digital economy is becoming a key force in reorganizing global factor resources, reshaping the global economic structure and incurring changes in the global competition landscape.

It calls for giving full play to the advantages of massive data and rich application scenarios, promoting deep integration between digital technology and the real economy, empowering the transformation and upgrading of traditional industries, and creating new industries and new business models to strengthen, optimize and expand China's digital economy.

While acknowledging China's progress and achievements in the sector, the article points out that China's digital economy strength still lags behind the global digital powerhouses, with certain trends of unhealthy and irregular development emerging, which may cause threats to national economic and financial security and must be resolutely rectified.

Stressing that developing the digital economy is a strategic choice to seize the opportunities arising from the new round of technological revolution and industrial change, the article urges efforts including strengthening core technologies, accelerating new infrastructure construction, regulating the sector's development, improving digital economy governance system, and actively participating in international cooperation in the area.