Policy-driven Asean-China digital economy cooperation
By clicking Continue to join or sign in, you agree to LinkedIn’s User Agreement, Privacy Policy, and Cookie Policy. By Dr Khoong Tai Wai. THE digital economy in South-East Asia is expected to hit US$330bil (RM1.54 trillion) by 2025, and subsequently US$1 trillion (RM4.67 trillion) by 2030. The Covid-19 pandemic affected the adoption of digitalisation, forcing proactive strategies that led to burgeoning ecommerce activity in the past three years. The rapid development of digital economy cooperation between Asean and China is influenced by factors such as the huge digital economy market in the region, high digital economic development demand, the rollout of multiple preferential digital economic policies, and joint efforts to boost regional and global digital governance. First, the Internet has more than 440 million users in the region, 60 million of whom signed on within the last three years. The majority of the new subscribers - 80% - do their shopping online and this attracted China's
By Dr Khoong Tai Wai. THE digital economy in South-East Asia is expected to hit US$330bil (RM1.54 trillion) by 2025, and subsequently US$1 trillion (RM4.67 trillion) by 2030. The Covid-19 pandemic affected the adoption of digitalisation, forcing proactive strategies that led to burgeoning ecommerce activity in the past three years. The rapid development of digital economy cooperation between Asean and China is influenced by factors such as the huge digital economy market in the region, high digital economic development demand, the rollout of multiple preferential digital economic policies, and
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