The Fujian provincial development and reform commission and the provincial digitalization development office announced on the 14th the Action Plan for Fujian Province to Foster Bigger, Stronger and Better Digital Economy (2022-2025), which specifies that by 2025, the added value of the province’s digital economy will exceed 4 trillion yuan, the proportion of the added value of the core industries of the digital economy to GDP will increase by 3 percentage points compared to that in 2020, the formation of an open, healthy and secure digital ecology will be accelerated, the digital business environment will be continuously optimized, and the quality and efficiency of digital economy development will reach an advanced level in China.

It is learned that Fujian Province will implement eight major actions and deploy 27 projects to build a bigger, stronger and better digital economy.

The first is the digital information infrastructure “foundation solidifying” action. Fujian will accelerate the construction of new infrastructure to better support the high-quality development, promote information infrastructure optimization and upgrading, cloud and network technology integration and innovation, digital upgrading of traditional infrastructure and other projects, so as to open up the information “arteries” of economic and social development.

The second is the breakthrough action of digital technology innovation. We will focus mainly on independent innovation, make breakthroughs in key digital technologies, construct and upgrade digital innovation platforms and train digital talents, so as to strengthen the foundation for the innovative development of the digital economy.

The third is the action to enhance the scale and capacity of the core industries of the digital economy. Efforts will be made to increase the core competitiveness of the development of the digital economy, boost the cultivation of leading and strong enterprises, the development of 100-billion-yuan industry clusters and the upgrading of industrial parks, and form a number of digital industry clusters which have competitiveness both at home and abroad, so as to create a benchmark for the innovative development of the digital economy.

The fourth is the action on digital transformation to support service ecology cultivation. We will focus on assisting traditional enterprises in digital transformation and upgrading, drive the innovative development of industrial Internet, cultivation of digital solution providers and construction of digital transformation promotion centers, so as to help solve problems such as “not wanting to transform” and “not knowing how to transform” for SMEs.

The fifth is action on the development and utilization of data resources. Efforts will be made to give full play to the role of data as key production factors, advance data quality improvement, openness and development of public data resources and cultivation of data element market, so as to promote the orderly flow of data resource elements.

The sixth is the action on cultivating new business models and modes of digital economy. Fujian will cultivate and grow new industries, deepen the development of digital services and trade, and expand the application scenarios of digital technology, so as to add new momentum for the development of the digital economy.

The seventh is the action to promote the financing of digital enterprises. We will focus on easing the difficulty and reducing the high cost of financing for the development of digital enterprises, support the innovation of financial products, guide and nurture digital economy funds, and provide listing and financing services, so as to inject new impetus through financing for the development of digital enterprises.

The eighth is the digital economy governance enhancement action. Fujian will further improve the governance system of the digital economy, and enhance the governance of the digital economy, multi-party collaborative governance, and the security system of the digital economy, so as to promote the healthy development of the digital economy.