New info infra crucial for economies

BEIJING: A new generation of information infrastructure needs to be built to better integrate the digital and real economies, with the market taking the lead and the government playing a guiding role, experts have said.

Digital transformation can help improve the quality and efficiency of the real economy, Justin Yifu Lin, dean of Institute of New Structural Economics at Peking University, said during an online seminar in the past week on the integration of the digital and real economies.