The fourth World Internet Conference concluded on 5 December in the east China town of Wuzhen after three days of discussions and exhibitions of cutting-edge internet products. Around 1,500 guests from around the world, including heads of international organizations, leading figures in the internet area, online celebrities, and academics attended this year’s summit.
Forums focusing on AI developments, cooperation in countering cybercrimes, global digital economy, digital silk road, cooperation of major countries in cyberspace, investment trend and FinTech were organised during the conference. Well-known tech companies including Apple, Alibaba and Huawei, released their latest products. Two reports were also issued at the conference, covering the development of the internet around the world and in China respectively. According to the reports, China's digital economy reached 22.58 trillion yuan (about 3.4 trillion U.S. dollars) in 2016, ranking second globally and accounting for 30.3 percent of the national GDP.
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