China Unveils Digital Economy Action Plan for 2025

The Chinese government has unveiled its ambitious ‘Action Plan for Digital China Construction 2025’, aiming to boost the digital economy’s share of GDP by surpassing 10%. This significant initiative aligns with China’s broader strategy to advance its digital transformation and foster economic growth. The plan, announced by the National Bureau of Statistics on May 16, 2025, outlines that core industries within the digital economy should contribute over 10% of the country’s GDP. This move signifies a substantial push towards integrating digital technology into all facets of the economy, potentially driving significant changes in market dynamics.