Beijing Daily:
The digital economy has attracted wide attention from all sectors of society. Recently, the CPC Central Committee proposed to foster a new, dual-cycle development architecture with domestic and international development reinforcing each other. How will the digital economy promote the building of this new, dual-cycle development pattern? Thank you.
Yang Xiaowei:
Thank you for your question. Facing the complicated COVID-19 epidemic control situation and the conditions of economic and social development, General Secretary Xi Jinping has overseen the general situation, kept pace with the main trend, comprehensively coordinated China's domestic and international efforts, and made a thorough analysis of the challenges and opportunities before us. Meanwhile, he has proposed to make full use of the strengths of China's mega-sized market and the huge potential of domestic demand, and set out the goal of fostering a new, dual-cycle development architecture with the domestic cycle as the mainstay and with domestic and international development reinforcing each other. Combining this key strategic goal with our practice, the Cyberspace Administration of China has fully implemented the deployment of the new development architecture proposed by General Secretary Xi Jinping, and drawn up an outline for our work to further optimize the digital business environment and dual-cycle development of digital economy. For the domestic cycle, we will foster a fair, just and non-discriminatory digital business environment, punish misconducts such as unfair competition and monopoly in the platform economy, safeguard privacy and personal information of consumers, and ensure various rights and interests of consumers in the digital economy. For the international cycle, we will improve rules of digital governance through international cooperation and avoid closed-door development, ensuring the safe and orderly utilization of data. Meanwhile, we understand that as a major nation in digital economy, China should foster a market-oriented, law-based, and internationalized digital business environment that is commensurate with the level of its economic development. Also, China should draw up a new development architecture for digital economy. China is willing to strengthen cooperation with other countries, uphold open market and pursue win-win cooperation.
Thank you.
Shou Xiaoli:
The 3rd Digital China Summit will be opening soon. Let's look forward to this event. Today's news conference concludes here. Many thanks to our speakers as well as our media friends. Goodbye.
Translated and edited by Zhang Tingting, Yuan Fang, Wu Jin, He Shan, Li Huiru, Xiang Bin, Zhou Jing, Cui Can, Li Xiao, Fan Junmei, Huang Shan, Wang Qian, Zhu Bochen, Gong Yingchun, Zhang Rui, Wang Wei, Guo Yiming, Duan Yaying, Lin Liyao, Wang Yanfang, David Ball, Laura Zheng, Tom Arnstein, Geoffrey Murray. In case of any dispute over a discrepancy, the Chinese version is deemed to prevail.
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