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Wuzhen Riding Wave of Internet Development

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Core Tip:The booming Internet industry has been fueling the growth of Wuzhen, a historic water town inChina's Zhejiang province, putting the eastern settlement on the fast track to smarttransformation.
Wuzhen riding wave of Internet development

Lu Weiminister of the Cyberspace Administration of China introduces the 2nd World InternetConference at the press conference on Dec 9. 

 

The booming Internet industry has been fueling the growth of Wuzhena historic water town inChina's Zhejiang provinceputting the eastern settlement on the fast track to smarttransformation.

"Underpinned by the Internet Plus strategyWuzhen has been shifting to a culture-enrichedhistoric town equipped with smart and innovative technologies," said Lu Weihead of theCyberspace Administration of China.

As a permanent venue for the World Internet Conferencethe ancient town has significantlybenefited from the event and will continue to in years to comesaid Lu during a news conferenceon Wednesday.

The town has been riding high on smart technologies in recent yearsas more projects get underway including online medical servicessmart elderly caregovernment administration,makerspacesmart transportation and tourism.

Wuzhen attracted more than 6.92 million tourists last yearup 22 percent from a year earlierwithdaily average visits reaching 190,000 in the same period.

The Internet has increasingly become a new growth engine for not just Wuzhenbut the entireZhejiang province.

Statistics show that added value of the information industry stood at 228.8 billion ($35.75 billion)in the first nine months of this yearcontributing 7.7 percent to the provinces GDP.

In 2014, the Informatization Development Index of the province hit 97.98, while the integratedindex of industrialization and informatization reached 86.26, both ranking third in the country.

Meanwhileemerging industriesincluding e-commerceInternet financeInternet of Things,intelligent logisticscloud computing and big data and other Internet Plus industries have all beenin full swing and upped the ante over other provinces.

"The WIC will help Zhejiang better attract Internet talents globally and fuel local innovation andentrepreneurship," said Ge Huijundirector of the publicity department of the CPC ZhejiangProvincial Committee and vice-chairman of the WIC organizing committee.

Breaking ground and starting new businesses have become a phenomenon in ZhejiangTheDream Village in Hangzhou has ushered in 4,100 talents with more than 380 startup projectssince it was launched half a year agoshe said.

The conferencebetween Dec 16 and 18, is co-hosted by the Cyberspace Administration ofChina and the government of Zhejiang provinceFor the first timethe United Nations Departmentof Economic and Social AffairsInternational Telecommunication UnionWorld IntellectualProperty Organization and World Economic Forum have joined as co-organizers.

 

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