Beijing has been committed to fostering high-tech industries as part of its efforts to build itself into a global scientific and technological innovation center during the 14th Five-year Plan period (2021-25).

A slew of listed Chinese internet giants have unveiled their financial performances in the third quarter of 2022, which shed light on the accelerated pace of industrial transformations in the country.

Chinese companies have grabbed more global market shares in 13 out of 28 high-technology products and services, according to research by Japanese news outlet Nikkei, which indicates China is gaining more presence in global supply chains.

China's pursuit of self-reliance and strength in science and technology does not mean it will decouple from the world, experts said, adding that the goal is to turn the country into a more capable and innovative contributor when tackling global challenges with the international community.

Shanghai will have more than 77,000 5G base stations by the end of 2023, ensuring that 90 percent of the city has 5G network coverage, according to an action plan released by the Shanghai Communications Administration on Friday.

Internet breaking boundaries in China

The WIC Wuzhen Summit has helped create consensus among internet-related industry professionals on critical issues.

Fifteen sci-tech achievements made by world-leading internet giants were unveiled at the 2022 WIC Wuzhen Summit on Nov 9.

The country is stepping up its building of a more digitalized society, with opportunities surging in the domestic market.

China will accelerate the construction of digital infrastructure as part of its overall efforts to build itself into a manufacturing powerhouse.

International organizations called for efforts to reinforce global communication and cooperation.

As technology becomes increasingly central to every aspect of human existence, the next decade will see a continued move to digital for everything.