The Chinese economy is in the midst of a long-term restructuring that has seen the decline of low-end industries and the emergence of higher-value factories that make robotics and drones. China will make further inroads into areas such as the internet of things, big data, cloud computing and AI, and create more high-end jobs, the state planner said. The country will also actively attract foreign talent to promote the innovation of its digital economy, the NDRC said. China's digital economy rose 18% to 26 trillion yuan ($3.8 trillion) last year, equal to a third of the country's gross domestic product (GDP), according to the China Academy of Information and Communications Technology. Digital economy is also expected to help boost the agriculture, as part of China's ambition to revive rural areas, according to NDRC.

Source: Bangkok Post September 26, 2018 08:37 UTC