US-China tech war: Beijing unveils grand plan to grow digital economy as US moves forward with competition bill


Source: yahoo.com yahoo.com

Key Topics in this News Article:

News Snapshot:

The Chinese government has published a major plan to boost its global competitiveness in the digital economy before 2025, as the US is reportedly moving forward with a bill to authorise billions of dollars in funding to bolster US capabilities amid the US-China tech war. The 14th five-year plan on the "digital economy", published by China's State Council, or cabinet, is broad in scope, covering everything from communications to e-commerce. It will be a "a key force in reorganising global resources, reshaping global economic structure, and altering global competitive landscape", according to the text of the document, which was issued...