Visitors watch a robot during the Appliance & Electronics World Expo 2017 in east China's Shanghai [url=http://www.cheapnikejustdoit.com/nike-air-max-typha.html]cheap nike air max typha[/url] , March 9, 2017. China's gross domestic product expanded 6.9 percent year on year in the first half of the year to about 38.15 trillion yuan (5.62 trillion U.S. dollars), data from the National Bureau of Statistics (NBS) showed Monday. (XinhuaChen Fei)

BEIJING, Aug. 1 (Xinhua) -- The new economy, spurred by thelatest round of information and technological revolution, hascreated new sectors and business models in China, allowing thecountry to play a leading role in global economic development.

China should use emerging information technology, includingcloud computing and the Internet of Things, to shore up the digitaleconomy, Chinese Premier Li Keqiang said at a seminar Monday,citing rapid growth in information consumption, mobile payments ande-commerce.

The following are facts and figures on China's development ofthe new economy:

-- As a major part of the new economy, the digital economy hasgrown rapidly in recent years. The aggregate value of the country'sdigital economy soared to 22.6 trillion yuan (about 3.4 trillionU.S. dollars) in 2016 from 18.6 trillion yuan the previous year,accounting for over 30 percent of the country's GDP.

-- The range of information intensive products expanded, whichnow include mobile phones, computers, intelligentinternet-connected vehicles, and sharing bikes. The value-added ofthe information industry reached 5.2 trillion yuan in 2016, 8.7percent higher on a year-on-year basis and accounting for 6.9percent of the country's GDP.

-- Over the past five years, information consumption has grownat an average annual rate of nearly 21 percent, accounting for over9 percent of final consumption expenditure. In 2016, the amount ofinformation consumption increased to 3.9 trillion yuan from 3.2trillion the year before.

-- The country's information technology services industryyielded income of 1.37 trillion yuan in the first half of 2017, up15.7 percent year-on-year.

-- E-commerce has maintained relatively rapid growth in thefirst half of 2017. In 2016, China's cross-border e-commercetransaction reached 6.5 trillion yuan, making the country theworld's largest cross-border e-commerce market.

-- From December 2016 to May 2017, online retail sales hit 3.02trillion yuan, 35.3 percent higher than the same period the yearbefore.

In the first five months of 2017, online retail sales accountedfor about 13.2 percent of China's retail sales.

-- The country's sharing economy witnessed a total transactionvolume of 3.45 trillion yuan in 2016, more than doubling that in2015, with products ranging from shared bikes and cars to umbrellasand apartments.

-- The aggregate size of China's cloud computing sector reached150 billion yuan in 2015.

-- China's Internet of Things sector was valued at 750 billionyuan in 2015.

-- The market size for smart logistics and intelligent drivingreached 200 billion yuan and 49 billion yuan respectively in2016.

-- By the end of 2016, there were nearly 60 online banks,serving 250 million clients nationwide.

-- In 2016, the total value of mobile payments nationwidereached over 157 trillion yuan, up nearly 50 percent over theprevious year. Enditem

BEIJING, July 31 (Xinhua) -- President Xi Jinping's speech at a high-level workshop has inspired confidence for the nation to create a moderately prosperous society and achieve the Chinese dream of national rejuvenation.

The workshop for provincial and ministerial-level officials last Wednesday and Thursday was held in preparation for the 19th Communist Party of China (CPC) National Congress to be held later this year. The congress will elect the leadership for the next five-year term.

Xi, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, outlined a blueprint for the Party and the state, pointing the direction for future development.

"Building a moderately prosperous society by 2020 is a promise the CPC has made to the people and to history," Xi said.

He said that for China to reach its goals it had to make all-out efforts, especially in preventing and defusing major risks, relieving poverty, and preventing and controlling pollution.

The speech resonated with grassroots officials, who agreed with Xi that the five years since the 18th CPC National Congress had seen extraordinary development.

Yang Longwen, party chief of Dahua Yao Autonomous County in southern China's Guangxi Zhuang Autonomous Region, said that though the county suffered desertification it had witnessed remarkable changes due to the government drive to eliminate rural poverty.

Highways have been built and residents have moved from old thatched and mud-brick cottages into new buildings, Yang said.

He pointed out that the fight against poverty had brought a once-in-a-lifetime opportunity to develop the impoverished minority area.

"We'll implement General Secretary Xi's requirements and decisions by the CPC Central Committee with solid determination and untiring energy," Yang said.

In the past five years, the central government has shown that it understands the general development trend of China and the world, and made a series of major strategic moves according to the will of the people.

Poverty relief is one such strategy. The government has said it will improve the lives of 70 million Chinese living in poverty as part of a drive to create a moderately prosperous society.

Progress has also been seen in a small village in northeast China's Heilongjiang Province.

"The per capita income doubled in the past five years and villagers feel much happier," said Fu Huating, party chief of the Xingshisi village, Gannan county. "We will roll up our sleeves and work harder, sta

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