February 15, 2026Feb 15, 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

National youth and children's festival of loyalty opens

National youth and children's festival of loyalty opens

The 25th National Youth and Children's Festival of Loyalty opened in the DPRK on the occasion of the auspicious February holiday,

February 14, 2026

The 25th National Youth and Children's Festival of Loyalty opened in the DPRK on the occasion of the auspicious February holiday,

Iranian FM clarifies stand to defend national interests

Iranian FM clarifies stand to defend national interests

A spokesman for the Iranian Foreign Ministry expressed the stand to defend national interests on February 5. He said that Iran

February 13, 2026

A spokesman for the Iranian Foreign Ministry expressed the stand to defend national interests on February 5. He said that Iran

Russian FM issues statement on expiration of New START

Russian FM issues statement on expiration of New START

The Russian Foreign Ministry issued a statement on February 4 with regard to the expiration of the New Strategic Arms Reduction

February 12, 2026

The Russian Foreign Ministry issued a statement on February 4 with regard to the expiration of the New Strategic Arms Reduction

Top 10 players of DPRK for 2025 (2)

Top 10 players of DPRK for 2025 (2)

With overwhelming superiority O Kyong Ryong, Merited Athlete and wrestler of the Pyongyang Sports Club, was born into a farmer’s

February 12, 2026

With overwhelming superiority O Kyong Ryong, Merited Athlete and wrestler of the Pyongyang Sports Club, was born into a farmer’s

Iranian FM criticizes inappropriate behaviour of German chancellor

Iranian FM criticizes inappropriate behaviour of German chancellor

The Iranian foreign minister censured the German chancellor for inappropriate behaviour through an SNS on February 5. Germany that

February 12, 2026

The Iranian foreign minister censured the German chancellor for inappropriate behaviour through an SNS on February 5. Germany that

Factory increases school uniform production

Factory increases school uniform production

The Nampho Municipal School Uniform Factory is putting spurs to the production of uniforms for the new school year. The factory

February 12, 2026

The Nampho Municipal School Uniform Factory is putting spurs to the production of uniforms for the new school year. The factory

Great golden age of construction brings great transformation (2)

Great golden age of construction brings great transformation (2)

The Fourth Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea held in December 2021 put forward a

February 11, 2026

The Fourth Plenary Meeting of the Eighth Central Committee of the Workers’ Party of Korea held in December 2021 put forward a

Integrated school built in Rangnang District

Integrated school built in Rangnang District

Jonjin Senior Middle School in Rangnang District was newly built as an integrated one in November last year. An integrated school

February 11, 2026

Jonjin Senior Middle School in Rangnang District was newly built as an integrated one in November last year. An integrated school

Russian president refers to economic issue

Russian president refers to economic issue

Russian President Vladimir Putin referred to the economic issue at a conference held on February 4. The inflation rate decreased

February 10, 2026

Russian President Vladimir Putin referred to the economic issue at a conference held on February 4. The inflation rate decreased

China condemns Japan’s ambition for rearmament

China condemns Japan’s ambition for rearmament

A spokesman for the Ministry of Foreign Affairs of China denounced the Japanese right-wing forces’ ambition for rearmament at a pr

February 10, 2026

A spokesman for the Ministry of Foreign Affairs of China denounced the Japanese right-wing forces’ ambition for rearmament at a pr

More Articles