Measures boosting Taiyuan's digital economy to be implemented

Taiyuan, capital of North China's Shanxi province, will roll out a series of measures to boost local digital economy. 

The city aims to generate more than 280 billion yuan ($40.75 billion) in digital economy output value by the end of 2025. The digital economy is also expected to account for 35 percent of the city's GDP, with an average annual growth rate exceeding 15 percent. 

To achieve these goals, the city has planned 10 measures including improving policies, regulations and institutional system, strengthening corporate brand building, developing characteristic industrial parks, promoting openness and cooperation, and creating a good development environment. 

These measures are set to encourage and support innovation in policies, systems, institutions and mechanisms in the field of digital economy. They will accelerate the establishment of digital economy monitoring indicators, and the development of evaluation systems. Additionally, they will strengthen the monitoring and annual evaluation of digital economy operations. 

Enterprises will be supported in quality development, technological innovation, brand cultivation and management enhancement. 

Plans are for the city to develop industrial parks featuring the digital economy, and to carry out multi-level cooperation and exchanges with provinces and municipalities that are also rapidly developing their digital industry. 

In addition, Taiyuan will explore the establishment of a talent pool of digital economy experts, while also conducting related trainings, investigations and exchange events.