Qi Xiangdong, founder and chairman of QAX, believes that the China International Big Data Industry Expo held in Guiyang has historically played a pivotal role in the development of China's digital economy by providing new ideas and models.

Qi Xiangdong (C). [Photo/Guiyang news network]

Mei Hong, professor from Peking University and academician of Chinese Academy of Sciences, stated that the digital economy has three major characteristics: informatization, open and integrated development, and ubiquity.