Foreign participants visit the booth of Hangzhou at the UN World Data Forum.
Five exhibition areas were set up at the ongoing UN World Data Forum to vividly tell the story of China's digital reform and the development of the digital economy in Zhejiang and Hangzhou, local media outlets reported.
The five exhibition areas were Global Vision, Chinese Wisdom in Statistics, Digital Zhejiang, Hangzhou Practice, and Data Industry.
The Hangzhou Practice exhibition area showcased the city's experience and practice in providing digital services for individuals. It used interactive methods to display digital scenes of urban life, showcasing the wisdom of China and Hangzhou's model of a data-driven beautiful life.
As the host city of the forum, Hangzhou also showcased its data achievements to the world in the exhibition area.
In 2022, Hangzhou's core digital economy industry achieved an operating income of 1.64 trillion yuan ($236.87 billion), with the value added breaking through 500 billion yuan, a year-on-year increase of 2.8 percent and accounting for 56.5 percent of the total in the province. The core digital economy industry accounted for 27.1 percent of the city's GDP.
The integrated circuit industry, robotics industry, and artificial intelligence industry maintained double-digit growth, with growth rates of 10.2 percent, 13.4 percent, and 11.3 percent, respectively. In 2022, the city achieved a digital trade value of 246.25 billion yuan, accounting for 38.9 percent of the total in the province.
The Chain Morse System developed by tech giant Alibaba's subordinate Ant Group.