China has also signed memorandum of understandings on strengthening investment cooperation in the digital economy with 18 countries, said He Yadong, the MOC spokesperson, at a press conference.
In 2022, the country’s digitally deliverable trade in services stood at 372.7 billion U.S. dollars, up 3.4 percent year on year, making it the fifth largest in the world, He added.
China will hold the second Global Digital Trade Expo in Hangzhou, east China’s Zhejiang Province, from Nov. 23 to 27 this year, according to the spokesperson.