Today, China is one of the world’s largest investors and adopters of digital technologies. The country has 42% of global e-commerce and transacts 11 times more mobile payments than the United States. According to McKinsey, this is due to the market in China being large and young enough for enabling rapid commercialization for digital business models, along with its rich and ever-growing digital ecosystem, and support from the government that allows growth for digital companies to experiment. Over the years, China’s government has enabled digitization by continuing to be a major investor in, and consumer of, digital technologies. This map illustrates the top provinces in mainland China of value added from digitization that has increased both productivity and efficiency in traditional industries.
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