China introduces a new plan to develop the digital economy through green initiatives

Through green initiatives, China has launched a work action plan for digital development as part of its efforts to create a new motivation for the growth of the country’s slow economy. The road map focuses on promoting low carbon development for digital industries and accelerating the transformation of various sectors through technology, according to the new guidelines published last night by the Office of the Central Committee for Electronic Space Affairs in China. The government has determined the roles of local authorities, industrial sector and businesses to push the shift to green growth. According to the plan, local authorities are encouraged to take advantage of their resources and to establish specialized industries to accelerate the development of the digital economy, according to the plan.