March 10, 2026Mar 10, 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

Mass rallies held in cities and counties

Mass rallies held in cities and counties

Mass rallies took place in cities and counties of the DPRK on March 6 and 7 to vow to implement the decisions of the Ninth

March 09, 2026

Mass rallies took place in cities and counties of the DPRK on March 6 and 7 to vow to implement the decisions of the Ninth

Women of virtue

Women of virtue

Women's inexhaustible beauty can be said to be devotion. When their devotion is expressed to the country beyond the bounds of

March 08, 2026

Women's inexhaustible beauty can be said to be devotion. When their devotion is expressed to the country beyond the bounds of

Russia, Belarus advocate building of multipolar world

Russia, Belarus advocate building of multipolar world

There recently took place a meeting of the supreme state council of the Russia-Belarus allied state in Moscow. It was attended by

March 07, 2026

There recently took place a meeting of the supreme state council of the Russia-Belarus allied state in Moscow. It was attended by

Friendly fire incident in Texas

Friendly fire incident in Texas

Recently, a tragicomic accident happened in the sky above Texas, the US, where a drone of the US Customs and Border Protection was

March 07, 2026

Recently, a tragicomic accident happened in the sky above Texas, the US, where a drone of the US Customs and Border Protection was

Socialist traits

Socialist traits

In the DPRK, it is a social climate to help and lead one another forward between people. Many Korean people respect revolutionary

March 07, 2026

In the DPRK, it is a social climate to help and lead one another forward between people. Many Korean people respect revolutionary

Military-civilian meetings held in local areas

Military-civilian meetings held in local areas

Military-civilian meetings took place in North Phyongan, South Hwanghae, Kangwon and North Hamgyong provinces and Nampho and

March 07, 2026

Military-civilian meetings took place in North Phyongan, South Hwanghae, Kangwon and North Hamgyong provinces and Nampho and

Respected Comrade Kim Jong Un receives flower basket from abroad

Respected Comrade Kim Jong Un receives flower basket from abroad

The respected Comrade Kim Jong Un received a flower basket from the China Dandong Branch of the Kim Il Sung-Kim Jong Il Foundation

March 07, 2026

The respected Comrade Kim Jong Un received a flower basket from the China Dandong Branch of the Kim Il Sung-Kim Jong Il Foundation

Enlarged plenary meeting of Cabinet Party committee held

Enlarged plenary meeting of Cabinet Party committee held

An enlarged plenary meeting of the Cabinet Committee of the Workers' Party of Korea was held on March 4 to implement the decisions

March 06, 2026

An enlarged plenary meeting of the Cabinet Committee of the Workers' Party of Korea was held on March 4 to implement the decisions

More Articles