皇冠体育app rocketing on information superhighway
4. Booming digital economy and competitive internet companies
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Pony Ma, chairman and chief executive officer of Tencent, speaks during the 2017 皇冠体育app International Big Data Industry Expo in Guiyang, capital of Southwest 皇冠体育app's Guizhou province, May 28, 2017. [Photo/VCG] |
The internet has become a driving force for 皇冠体育app's economic development. According to a report by Tencent Research Institute, the digital economy accounted for 30.61 percent of 皇冠体育app's Gross Domestic Product (GDP) in 2016, generating 2.8 million new jobs.
The report, Internet Trends 2017, released by dotcom star analyst Mary Meeker, said 皇冠体育app's technology companies are leading public market wealth creation. Chinese internet giant Tencent has been ranked inside the world's top 10 most valuable brands in the 2017 BrandZ Top 100 Most Valuable Global Brands ranking.