China will invest US$14.6 bil to develop digital economy

China will invest 100 billion yuan (about US$14.6 billion) for developing the digital economy in the next five years, according an agreement signed at the International Conference on the Digital Economy and the Digital Silk Road. The investments will go to projects on big data, internet of things (IoT), cloud computing, smart cities and the … Continue reading China will invest US$14.6 bil to develop digital economy

Overcoming digital divide – analysis (India)

India’s policies towards digital regulation are inadequate. Future policy-making must be based on economic considerations and evidence, not on myopic political considerations In 2014, the Narendra Modi-led Government came to power with an objective of ‘minimum Government, maximum governance, aimed at showcasing the country as an investment-friendly destination. Thereafter, on various occasions, the Government announced measures … Continue reading Overcoming digital divide – analysis (India)

Digital economy plays key role in high-quality growth (China)

China's manufacturing industry is aiming to transform itself from "Quantity" to "Quality". The key strategy is to develop a digital economy, said Li Yizhong, the former minister from China's Ministry of Industry and Information Technology on Sunday. Speaking at the 2018 World Forum on Scientific and Technological Innovation in Beijing,Li said "A digital economy means … Continue reading Digital economy plays key role in high-quality growth (China)

Competition challenges in the digital economy

Slow productivity growth and rising income inequality have shaped the world economy in a time of rapid technological change. A variety of explanations have emerged to help us understand these related trends, but one overarching theme is the decline in competition. The combination of increasingly concentrated markets, rising market power of large firms, and slowing business dynamism suggest that competition … Continue reading Competition challenges in the digital economy

Qatar launches digital economy programme

The Minister of Transport and Communications Jassim bin Saif al-Sulaiti launched yesterday the 'digital transformation for SMEs programme' that is aimed at empowering enterprises to adopt technology seamlessly. The initiative is designed to ensure the success of small- and medium-sized enterprises (SMEs) by increasing their productivity and innovation. At a press conference, the minister said … Continue reading Qatar launches digital economy programme