China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly 54 trillion yuan, registering a nominal year-on-year growth of 10.3 percent, much higher than the country's nominal GDP growth at 7.4 percent. The digital economy accounted for around 43 percent of China's GDP.
Market size of the digital economy in China in selected years from 2005 to 2023
(in trillion yuan)
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CAICT. (August 27, 2024). Market size of the digital economy in China in selected years from 2005 to 2023 (in trillion yuan) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1250080/china-digital-economy-size/
CAICT. "Market size of the digital economy in China in selected years from 2005 to 2023 (in trillion yuan)." Chart. August 27, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1250080/china-digital-economy-size/
CAICT. (2024). Market size of the digital economy in China in selected years from 2005 to 2023 (in trillion yuan). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1250080/china-digital-economy-size/
CAICT. "Market Size of The Digital Economy in China in Selected Years from 2005 to 2023 (in Trillion Yuan)." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/1250080/china-digital-economy-size/
CAICT, Market size of the digital economy in China in selected years from 2005 to 2023 (in trillion yuan) Statista, https://www.statista.com/statistics/1250080/china-digital-economy-size/ (last visited December 21, 2024)
Market size of the digital economy in China in selected years from 2005 to 2023 (in trillion yuan) [Graph], CAICT, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/1250080/china-digital-economy-size/