China is holding a summit on digital transformation to showcase its achievements in the field and build platforms for industry exchanges and cooperation. The 3rd Digital China Summit is held in the city of Fuzhou in southeast China's Fujian Province from Monday to Wednesday. Various activities will be held on the development and application of digital technologies, including AI, big data and blockchain. The added value of China's digital economy registered 35.8 trillion yuan (about 5.13 trillion U.S. dollars) in 2019, accounting for 36.2 percent of the country's GDP, and China's digital economy grew by 15.6 percent last year, according to China Academy of Information and Communications Technology (CAICT). The summit is held both online and offline.
