December 31, 2025Dec 31, 2025
KCNA Pyongyang Times

Nations eye digitized economies

Date: 14/03/2019 | Source: Pyongyang Times | Read original version at source

Once limited to production processes and some special institutions, digital technology is now used in all fields of state administration, the economy and social life. Especially, many nations pay much attention to digitizing their economies.

Digitization not only helps cut costs of products and service and make more effective use of natural and human resources but also promotes exchanges and cooperation between countries and regions as it ensures prompt and accurate business dealings.

In China, the need for building a digital China, intelligent society, was underscored at the 19th National Congress of the Communist Party of China and active steps have been taken to this end.

Russia appointed a presidential special representative for the development of digital technology in order to conjoin the efforts for the digitization of the economy and special fields, and is speeding up the amendment of law and other legal measures for the implementation of the economic digitization programme in the spring of 2019 in anticipation of the arrival of the next generation mobile communications network.

Tunisia drew up the “digitized Tunisia 2020” programme which is geared to putting the country’s economy on the basis of advanced technology by introducing digital systems into industrial and commercial sectors.

Germany runs refresher courses for improving the digitization capability, acknowledging that it is as important as professional knowledge and sociability.

The building of digitized economies is also a matter of great concern of international organizations.

In April and September last year, the ASEAN nations agreed to establish an ASEAN intelligent city network and launch the fourth industrial revolution. And there was a serious discussion about economic digitization at the APEC economic summit meeting held last November.

The BRICS also discussed digitization at a summit meeting and the Eurasian Union decided to include digitized economy building as an important part of joint undertaking.

More From Pyongyang Times

Putin calls for fighting against history distortion

Putin calls for fighting against history distortion

Russian President Vladimir Putin called for fighting against the distortion of history as he addressed an informal summit meeting

December 30, 2025

Russian President Vladimir Putin called for fighting against the distortion of history as he addressed an informal summit meeting

Iranian FM criticizes hypocritical act of West

Iranian FM criticizes hypocritical act of West

A spokesman for the Iranian Foreign Ministry censured the West for its hypocritical act at a press conference on December 22. The

December 30, 2025

A spokesman for the Iranian Foreign Ministry censured the West for its hypocritical act at a press conference on December 22. The

New houses built in North Phyongan Province

New houses built in North Phyongan Province

New modern houses have been built in Amdu-ri of Jongju City, Pongnin-ri of Pakchon County and Pugil-ri of Unjon County in North

December 30, 2025

New modern houses have been built in Amdu-ri of Jongju City, Pongnin-ri of Pakchon County and Pugil-ri of Unjon County in North

Lots of rural youth workteams and sub-workteams reap good harvest

Lots of rural youth workteams and sub-workteams reap good harvest

The rich harvest in the socialist farm fields of the DPRK this year is associated with the efforts of the rural youth workteams

December 30, 2025

The rich harvest in the socialist farm fields of the DPRK this year is associated with the efforts of the rural youth workteams

New Year greeting cards issued

New Year greeting cards issued

Creators of the Art and Literature Publishing House and the Korean Central Fine Arts Studio and lecturers and students of

December 30, 2025

Creators of the Art and Literature Publishing House and the Korean Central Fine Arts Studio and lecturers and students of

Unsan Paper Mill inaugurated in South Phyongan Province

Unsan Paper Mill inaugurated in South Phyongan Province

At the time when the cheers for inaugurations celebrating the steady success in implementing the regional development policy are

December 29, 2025

At the time when the cheers for inaugurations celebrating the steady success in implementing the regional development policy are

Children’s rights and future of humankind

Children’s rights and future of humankind

To preserve the rights of children is an important issue related with the development of countries and nations and the future of h

December 29, 2025

To preserve the rights of children is an important issue related with the development of countries and nations and the future of h

New houses built at farms in South Phyongan Province

New houses built at farms in South Phyongan Province

New houses have appeared at the Samwon Industrial Crop Farm and the Hyangphung Farm in Songchon County and the Yakjon Farm in

December 29, 2025

New houses have appeared at the Samwon Industrial Crop Farm and the Hyangphung Farm in Songchon County and the Yakjon Farm in

Chinese FM rejects Japan’s ‘theory of nuclear possession’

Chinese FM rejects Japan’s ‘theory of nuclear possession’

A spokesman for the Chinese Ministry of Foreign Affairs rejected Japan’s “theory of nuclear possession” at a press conference on D

December 29, 2025

A spokesman for the Chinese Ministry of Foreign Affairs rejected Japan’s “theory of nuclear possession” at a press conference on D

Yearly economic plan fulfilled at Sangwon Cement Complex

Yearly economic plan fulfilled at Sangwon Cement Complex

The Sangwon Cement Complex carried out its 2025 task for additionally producing hundreds of thousands of tons of cement and

December 29, 2025

The Sangwon Cement Complex carried out its 2025 task for additionally producing hundreds of thousands of tons of cement and

Title of model law-observance unit conferred

Title of model law-observance unit conferred

A ceremony of awarding the title of model law-observance unit to the units exemplary in socialist law observance took place at the

December 29, 2025

A ceremony of awarding the title of model law-observance unit to the units exemplary in socialist law observance took place at the

New houses built in rural areas of Nampho

New houses built in rural areas of Nampho

Modern houses have been built at farms in Nampho Municipality, manifesting the change of the socialist modern villages that are

December 28, 2025

Modern houses have been built at farms in Nampho Municipality, manifesting the change of the socialist modern villages that are

New houses built in South Hamgyong Province

New houses built in South Hamgyong Province

Fashionable dwelling houses have appeared at the Pumin and Songhung farms and the Toksong Apple Farm in Hamhung City of South

December 28, 2025

Fashionable dwelling houses have appeared at the Pumin and Songhung farms and the Toksong Apple Farm in Hamhung City of South

More Articles