Technical experts say that China's digital economy will grow dramatically from 2020 to 2025 due to new 5G technology.
They said digital technology sector revenues will rise by $ 20 billion in the next five years.
Wang Zhikin, deputy director of a technical center under the Ministry of Information and Technology of China, made the remarks at a meeting held at the World Artificial Intelligence Conference-2019 in Shanghai on Saturday.
Wang said, "Chinese technicians expect Five-G technology to make a significant contribution to China's information industry. They will increase revenue by 30 billion yuan annually over the next five years. ”
"110 Trillion 90 billion yuan will contribute to economic growth through the 5G program, which will deliver services to China's industries, transport, manufacturing and health sectors."
He said the 5G technology would expand the key infrastructure for China's digital economy development and would bring about radical changes in the digital economy such as five-g and artificial intellectual activity, big data and other technologies.
