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Experts & Officials

ZHANG Xinhong

The empowerment effect brought by the Internet economy has turned China from a populous country into a big power with advantages in human resources, which is totally different from the past. The development of the Internet economy or the development of the digital economy, has helped us basically play out of the previous resource-constrained dilemma. If China takes the advanced of western developing countries, it will not be enough to use up all global resources.  However, the development of the digital economy has a different picture. Digital resources will be multiplied as they are used continuously. Coupled with the large population of netizens in China, once all these new applications are discovered and popularized, a scale effect will come soon.