Hey kids! Have you ever wondered how your favorite games, apps, or online services make their way to you? Well, it’s all part of something called “digital trade”! 📱💻 And guess what? China has big plans to make digital trade even bigger by 2035!
Our world is becoming more connected every day, and China wants to be a big part of that. Recently, China’s leaders announced that they want to grow their digital trade—that means trading digital products and services like apps, online games, and cloud services—with other countries.
By 2029, they hope that nearly half of their services trade will be digital. And by 2035, they want it to be more than half! That’s like making half of all the things they trade with other countries digital. Pretty cool, right? 🌟
They plan to make it easier for companies from other countries to do business in China, especially in areas like telecommunications (that’s phones and internet), and culture (like movies and music). This means more new apps, games, and cool tech stuff could come our way! 🤩
But they also want to make sure that everyone’s personal information and important data are kept safe. So they’re working on ways to make sharing data across borders safe and secure. 🔒
China also wants to work with other countries on awesome tech like artificial intelligence (AI), big data (that’s lots of information), and mobile payments (like paying with your phone). This could lead to new inventions and tools that make our lives easier and more fun! 🤖📊💳
All these plans mean that in the future, we might see more cool digital stuff coming from China and other countries, making our digital world even bigger and better! 🌐
Did you know? In the first half of 2024, China’s trade in digital services was worth a whopping 1.42 trillion yuan ($197.5 billion)! That’s a lot of zeros! And it’s 3.7% more than the year before. 📈
Isn’t it exciting to see how countries are working together to shape our digital future? What new tech are you most excited about? Let us know! 😊
Reference(s):
China pursues reform and innovative development in digital trade
cgtn.com
