Tag #Digital Economy

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french.china.org.cn

🌐 75% Global Worthiness

Dec 26, 19:10

China's Digital Economy: 2023 Census Reveals $6.74 Trillion Revenue and 36 Million Jobs

China's fifth national economic census reveals 2.92 million businesses in key digital economy industries employed 36.16 million people in 2023, generating 48.45 trillion yuan (about $6.74 trillion) in revenue, with the application of digital technologies being the largest employer.

China's Digital Economy: 2023 Census Reveals $6.74 Trillion Revenue and 36 Million Jobs

China's fifth national economic census reveals 2.92 million businesses in key digital economy industries employed 36.16 million people in 2023, generating 48.45 trillion yuan (about $6.74 trillion) in revenue, with the application of digital technologies being the largest employer.

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What is the total revenue and employment figures generated by China's key digital economy industries in 2023?

China had 2.92 million businesses in key digital economy industries by the end of 2023, employing 36.16 million people, generating a total annual revenue of 48.45 trillion yuan (about $6.74 trillion). The digital economy's application industry employed the most people (14.61 million).

allafrica.com

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Dec 19, 16:12

Nigeria Prioritizes AI, Digital Skills Development to Combat Unemployment

Nigerian Minister of Labour and Employment, Muhammad Dingyadi, announced a plan to train 2.5 million Nigerians annually for four years in AI, digital technologies, and green economies through the Labour Employment and Empowerment Programme (LEEP), aiming to address unemployment and align with Presid...

Nigeria Prioritizes AI, Digital Skills Development to Combat Unemployment

Nigerian Minister of Labour and Employment, Muhammad Dingyadi, announced a plan to train 2.5 million Nigerians annually for four years in AI, digital technologies, and green economies through the Labour Employment and Empowerment Programme (LEEP), aiming to address unemployment and align with Presid...

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What specific steps is the Nigerian government taking to address its high unemployment rate, and what is the immediate impact of these measures?

The Nigerian government, under Minister Muhammad Dingyadi, is prioritizing skills development in AI, digital technologies, and green economies to address unemployment and prepare its workforce for the evolving global labor market. The Labour Employment and Empowerment Programme (LEEP) aims to train 2.5 million Nigerians annually for four years in these areas. This initiative is part of a broader plan to foster innovation and job creation, aligning with President Tinubu's Renewed Hope Agenda.

repubblica.it

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Dec 17, 22:11

Meta Faces €887 Million Tax Evasion Accusation Over User Data

The Milan Prosecutor's office accuses Meta of €887 million in unpaid VAT between 2015-2021, arguing that user data exchanged for free platform access constitutes a taxable transaction, potentially reshaping online business models and data privacy.

Meta Faces €887 Million Tax Evasion Accusation Over User Data

The Milan Prosecutor's office accuses Meta of €887 million in unpaid VAT between 2015-2021, arguing that user data exchanged for free platform access constitutes a taxable transaction, potentially reshaping online business models and data privacy.

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Reduced Inequality

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What are the potential implications of classifying user data as a commodity for the broader digital market and data privacy regulations?

The case hinges on the classification of user data as a commodity, whose commercial use should be taxed. The Prosecutor estimates the value of Italian user data provided to Facebook, Instagram, and WhatsApp between 2015 and 2021 at €4 billion, generating the alleged €887 million in unpaid VAT. This challenges the common understanding of free online services.

es.euronews.com

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Dec 3, 22:11

EU to Standardize VAT on Online Platforms by 2030

The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.

EU to Standardize VAT on Online Platforms by 2030

The EU will standardize VAT for online platforms like Airbnb and Uber by 2030, potentially generating €6 billion annually in new revenue but increasing prices for consumers. Estonia initially opposed the measure, highlighting potential challenges for businesses.

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How will the implementation of this new VAT regulation impact smaller businesses and cross-border operations within the EU?

This EU-wide VAT harmonization seeks to level the playing field between online and traditional businesses, addressing previous criticism of unfair competition. The anticipated €6 billion in additional VAT revenue represents a significant contribution to the EU budget, which received €22 billion in VAT revenue in 2023 alone. However, this measure has faced resistance from some member states that sought exemptions, potentially creating new inequalities.

china.org.cn

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Nov 5, 13:14

WIOTC 2024: Building an Intelligently Interconnected Digital Economy

The WIOTC 2024 in Beijing focused on building an intelligently interconnected digital economy, highlighting China's advancements and the need for global collaboration to bridge the digital divide.

WIOTC 2024: Building an Intelligently Interconnected Digital Economy

The WIOTC 2024 in Beijing focused on building an intelligently interconnected digital economy, highlighting China's advancements and the need for global collaboration to bridge the digital divide.

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What role did China play in the discussions?

The convention highlighted China's significant progress in IoT and digital economy innovation, emphasizing investments in digital infrastructure and supportive government policies.

pda.kp.ru

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Dec 19, 10:09

Surge in Russian Patent Applications Shows Increased Innovation

Russian developers filed over 18,000 patent applications in 2024, a 4.4% increase year-on-year, with universities leading, followed by individuals and businesses; software applications rose by 13%, driven by government support and import substitution.

Surge in Russian Patent Applications Shows Increased Innovation

Russian developers filed over 18,000 patent applications in 2024, a 4.4% increase year-on-year, with universities leading, followed by individuals and businesses; software applications rose by 13%, driven by government support and import substitution.

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Industry, Innovation, and Infrastructure

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What are the key drivers behind the significant increase in Russian patent applications in 2024?

In 2024, Russian developers filed over 18,000 patent applications, a 4.4% increase compared to the previous year. Universities were the largest contributors, followed by individuals, commercial companies, and SMEs; state corporations showed the smallest number but the highest growth rate.

africa.chinadaily.com.cn

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Dec 17, 04:10

China Prioritizes Sci-Tech Innovation to Drive High-Quality Economic Growth

China's Central Economic Work Conference emphasized boosting sci-tech innovation to develop new productive forces, upgrade industries, and enhance global competitiveness, as experts highlight the need for increased investment in R&D and support for innovative companies.

China Prioritizes Sci-Tech Innovation to Drive High-Quality Economic Growth

China's Central Economic Work Conference emphasized boosting sci-tech innovation to develop new productive forces, upgrade industries, and enhance global competitiveness, as experts highlight the need for increased investment in R&D and support for innovative companies.

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Industry, Innovation, and Infrastructure

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How will China's emphasis on scientific and technological innovation directly impact its economic growth and global standing in the next 5 years?

China's focus on scientific and technological innovation aims to drive high-quality economic growth, upgrade industries, and enhance global competitiveness. This strategy involves increased investment in fundamental research, strengthening enterprise leadership in technological advancements, and boosting financial support for innovative tech companies.

liberation.fr

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Dec 10, 16:13

French Influencer Market Estimated at €6.5 Billion in 2024

A new report estimates the French online influence and content creation market at €6.5 billion in 2024, comprising 300,000 creators and generating 1.5 million jobs; it's projected to reach €30 billion by 2031, driven by brand collaborations and the rise of micro-influencers.

French Influencer Market Estimated at €6.5 Billion in 2024

A new report estimates the French online influence and content creation market at €6.5 billion in 2024, comprising 300,000 creators and generating 1.5 million jobs; it's projected to reach €30 billion by 2031, driven by brand collaborations and the rise of micro-influencers.

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What are the projected future implications of this market's growth for the French economy and job market?

With a projected annual growth rate of 25%, the market is expected to reach €30 billion by 2031. This burgeoning sector has also contributed to the creation of approximately 1.5 million jobs in France, both directly (creators and support professionals) and indirectly (marketing, equipment, and commercial relations).

pt.euronews.com

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Dec 3, 22:11

EU to impose VAT on Airbnb, Uber, and Bolt from 2030

The EU mandates that online platforms like Airbnb, Uber, and Bolt collect VAT on lodging and ride-hailing services from 2030, aiming for tax equality with traditional businesses, potentially increasing prices up to 25%, but creating challenges for online platforms.

EU to impose VAT on Airbnb, Uber, and Bolt from 2030

The EU mandates that online platforms like Airbnb, Uber, and Bolt collect VAT on lodging and ride-hailing services from 2030, aiming for tax equality with traditional businesses, potentially increasing prices up to 25%, but creating challenges for online platforms.

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What is the immediate impact of the EU's decision to impose VAT on online platforms offering short-term lodging and ride-hailing services?

The European Union (EU) mandates that online platforms like Airbnb, Uber, and Bolt will collect Value Added Tax (VAT) on lodging and ride-hailing services, starting in 2030. This measure aims to level the playing field with traditional businesses, potentially increasing prices by up to 25%. Estonia, home to Bolt, strongly opposed the measure, highlighting the difficulty in achieving unanimous agreement among EU member states.

Showing 121 to 129 of 129 results