Xi Jinping – G20 members should build a digital economy


Xi Jinping, Chinese President says the Group of 20 (G20) members should build a digital economy that is friendly to growth and employment.

He made the remarks while attending the two-day G20 summit in the German port city of Hamburg.

“We should actively adapt ourselves to digital evolution, foster new economic drives, advance structural reforms and promote integrated development of digital and real economy,” said President Xi.

To this end, he proposed to implement the G20 Digital Economy Development and Cooperation Initiative and the New Industrial Revolution Action Plan, both adopted at last year’s summit in Hangzhou, China.

The Chinese leader urged all members to cope with risks and challenges in order to steer the digital economy toward openness and inclusiveness. He said the G20 bloc needs to expand access to the digital economy and reduce the digital divide between the North and the South.

“We need to pay attention to digitised production and the impact of artificial intelligence on employment in various nations, and to take active employment policies,” he said.

The Chinese President called on all parties to create an international environment favourable to the development of the digital economy, better integrate their respective development strategies and jointly improve the level of digital application.

“We should push for the construction of a peaceful, secure, open and cooperative cyberspace, and explore ways to build multilateral, transparent and inclusive international trade rules in digital sectors,” he said.


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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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