How does the digital economy help restore the world economy?

Despite COVID-19 and the global economic downturn, the scale of the digital economy of 47 countries reached $38 trillion U.S. dollars, with a year-on-year increase of 15 percent, accounting for 45 percent of the total gross domestic product, according to the Blue Print Book of the World Internet Conference. The scale of China’s digital economy is 45 trillion yuan, and 90 percent is associated with real economy, according to the Ministry of Industry and Information Technology. How does the digital economy provide new driving force and help restore the world economy? How can digital transformation empower the real economy, especially traditional industries?

To answer the questions, CGTN’s Rachel Zhou invites professor Otto Heinrich Herzog of the German National Academy of Science and Engineering, and Tian Feng, dean of Sensetime Intelligent Industry Research Institute. Check out the video for more. 

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