China unveils plan on promoting digital transformation of enterprises

China has released a plan on promoting the transformation of enterprises toward digitalization and intelligence by further expanding the application of cloud and data technologies.

Efforts will be made to nurture new business models of the digital economy, foster supply chains of data and forge a digitalized whole-industrial-chain ecosystem, said the document posted on the website of the National Development and Reform Commission (NDRC) on April 10.

Vowing to equip enterprises with cloud technology, the plan, jointly issued by the NDRC and the Cyberspace Administration of China, said the country will prompt digital transformation of enterprises in aspects including research and development, design, production, processing, management and sales services.

In addition, China supports platform enterprises to provide diversified services and lower costs of goods for small and medium-sized firms to help them tide over difficulties, it said.