March 22, 2026Mar 22, 2026
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

Human rights situation seen through contempt for women

Human rights situation seen through contempt for women

The strike and demonstration staged by women workers in Chicago, the US, on March 8 117 years ago were an eruption of their wrath

March 21, 2026

The strike and demonstration staged by women workers in Chicago, the US, on March 8 117 years ago were an eruption of their wrath

South Africa criticizes US ambassador for reckless remarks

South Africa criticizes US ambassador for reckless remarks

The South African Ministry of International Relations and Cooperation called the US ambassador to the country on March 11 to

March 20, 2026

The South African Ministry of International Relations and Cooperation called the US ambassador to the country on March 11 to

New stamps issued

New stamps issued

The State Stamp Bureau of the DPRK issued new stamps (two sheets and six individuals) in commemoration of the Ninth Congress of

March 20, 2026

The State Stamp Bureau of the DPRK issued new stamps (two sheets and six individuals) in commemoration of the Ninth Congress of

Grand choruses given by graduating class students

Grand choruses given by graduating class students

Grand choruses were performed respectively by graduating class students of senior middle schools in North Phyongan Province and

March 20, 2026

Grand choruses were performed respectively by graduating class students of senior middle schools in North Phyongan Province and

New street in Hwasong bustles with house-moving

New street in Hwasong bustles with house-moving

According to the respected Comrade Kim Jong Un's grand plan for capital city construction and under his energetic guidance, the

March 19, 2026

According to the respected Comrade Kim Jong Un's grand plan for capital city construction and under his energetic guidance, the

People-first politics

People-first politics

The people-first politics administered by the Workers’ Party of Korea is a political mode of solving all problems in complete

March 19, 2026

The people-first politics administered by the Workers’ Party of Korea is a political mode of solving all problems in complete

Model of modern livestock farming, ideal rural town

Model of modern livestock farming, ideal rural town

The Samgwang Livestock Farm in Unjon County of North Phyongan Province can be claimed to be a combined enterprise in which animal

March 19, 2026

The Samgwang Livestock Farm in Unjon County of North Phyongan Province can be claimed to be a combined enterprise in which animal

Spring national sports festival opens

Spring national sports festival opens

The 2026 Spring National Sports Festival opened with due ceremony at the Ice Rink in Pyongyang on March 17. The festival will be

March 19, 2026

The 2026 Spring National Sports Festival opened with due ceremony at the Ice Rink in Pyongyang on March 17. The festival will be

New life and civilization

New life and civilization

The Workers’ Party of Korea is constantly increasing its policies for the people to promote their wellbeing and realize their

March 18, 2026

The Workers’ Party of Korea is constantly increasing its policies for the people to promote their wellbeing and realize their

Russia decries West’s despicable behaviour

Russia decries West’s despicable behaviour

The Russian permanent representative to the Organization for the Prohibition of Chemical Weapons on March 12 disclosed and denounc

March 18, 2026

The Russian permanent representative to the Organization for the Prohibition of Chemical Weapons on March 12 disclosed and denounc

Top ten coaches of the DPRK for 2025

Top ten coaches of the DPRK for 2025

Former Taekwon-Do star becomes competent coach Sa Ok Jin, a coach of the Ryongaksan Taekwon-Do Team, was selected as one of top

March 18, 2026

Former Taekwon-Do star becomes competent coach Sa Ok Jin, a coach of the Ryongaksan Taekwon-Do Team, was selected as one of top

Steps taken to increase production in metal industry

Steps taken to increase production in metal industry

Officials and workers in the metallurgical industry of the DPRK are making innovations while taking development-oriented measures

March 18, 2026

Officials and workers in the metallurgical industry of the DPRK are making innovations while taking development-oriented measures

SPA of DPRK to be convened

SPA of DPRK to be convened

The First Session of the 15th Supreme People's Assembly of the DPRK will be convened in Pyongyang on March 22 2026. The SPA

March 17, 2026

The First Session of the 15th Supreme People's Assembly of the DPRK will be convened in Pyongyang on March 22 2026. The SPA

More Articles