China's digital economy on the rise: new engine, new opportunities

Combo photo shows Jiang Linmei driving (upper) a for-hire new energy car on Dec. 19, 2016, searching (lower, L) for the car she booked on Dec. 18, 2016 and displaying (lower, R) a mobile app of the car sharing service on Dec. 18, 2016 in Chongqing, southwest China. With a fortune of 295 billion yuan (about 46.6 billion U.S. dollars), Ma Huateng, founder and CEO of internet giant Tencent, is now the wealthiest person in China. The business leader, also known as Pony Ma, has jumped 23 places to be ranked 15th globally, according to the Hurun Global Rich List 2018 released on Wednesday. Behind the rise of Ma and his company is China's flourishing digital economy, which has been a story of commercial success. The digital economy is not only reshaping the Chinese economy and changing people's day-to-day life, but also creating enormous business opportunities for foreign companies. (Xinhua/Qin Tingfu)