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Guizhou's digital economy growth ranks first nationwide

chinadaily.com.cn| Updated: 2020-10-29 Print

According to a white paper on digital economy development in China recently released by the China Academy of Information and Communications Technology, Southwest China's Guizhou province experienced digital economy growth of 22.1 percent last year, ranking first in China for the fifth year.

Guizhou has found a rapid growth approach for developing areas through continuous efforts to integrate big data with the real economy. More and more traditional companies in Guizhou are currently undergoing digital transformation.

Statistics show that since the integration started in 2016, Guizhou has built 204 pilot projects and 2,197 demonstration projects and helped 3,905 companies to realize deep integration with big data.

Meanwhile, Guizhou continues to expand its service team for big data integration, which has attracted 228 big data companies to join and provided 815 solutions and cloud products.

Laoganma Special Flavor Foodstuffs Co, China's biggest chili-flavored foods manufacturer, based in Guizhou, has established a big data platform with the local government's support. The program includes data from the whole production process.

Relying on the platform, Laoganma has saved 15-20 percent in costs and realized an average annual increase of 11.8 percent in output value.

Amid the novel coronavirus epidemic this year, the platform helped Laoganma deal with the disease outbreak's impact by adjusting its production and sales structure.

According to Hu Jianhua, deputy director of the Big Data Development Administration of Guizhou Province, the post-epidemic era will bring new opportunities for the digital economy, boost traditional industries with digital technologies and transform disadvantages into advantages for economic growth.

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