China’s 14th five-year plan on the digital economy is broad in scope, covering everything from communications to e-commerce. Photo: Shutterstock
China’s 14th five-year plan on the digital economy is broad in scope, covering everything from communications to e-commerce. Photo: Shutterstock

US-China tech war: Beijing unveils grand plan to grow digital economy as US moves forward with competition bill

  • The plan endorsed a target that would see the output of core industries in China’s digital economy account for 10 per cent the country’s GDP by 2025
  • Beijing’s ambitions for the digital economy and core technologies have stoked fears in the US that it could lose technological leadership to China.

China’s 14th five-year plan on the digital economy is broad in scope, covering everything from communications to e-commerce. Photo: Shutterstock
China’s 14th five-year plan on the digital economy is broad in scope, covering everything from communications to e-commerce. Photo: Shutterstock
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