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E-GDP set to surge

By Fan Feifei | China Daily | Updated: 2017-01-10 07:49

China's e-GDP, a monetized measurement of the digital economy, will grow to around $16 trillion by 2035, while about 415 million job opportunities will be created, according to a report released by the Boston Consulting Group.

It said the ecosystem of internet commerce giant Alibaba Group Holding Ltd would contribute to the creation of more than 100 million job opportunities, including new retail, service, logistics and cloud computing.

BCG said it foresees that low-skilled and repetitive tasks in offline stores would be replaced by high-tech equipment like touch screens, mobile apps or robots, while omni-channel sales staff would be highly valued by online and offline companies.

E-GDP set to surge

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