China will launch a special action plan to speed up the digitalization process of State-owned enterprises, with more breakthroughs in core technologies, said an official during the fourth Digital China Summit in Fuzhou, the capital of Fujian province.

  SOEs will accelerate and deepen their digital transformation and create a model of the digital transformation, Weng Jieming, vice-chairman of the State-owned Assets Supervision and Administration Commission of the State Council, said on Sunday at the summit.

  "State firms will focus on the demand of China's strategically important and most acclaimed industries, and tackle industrial development bottlenecks. They are expected to make breakthroughs in core technologies such as core electronic components and industrial software, and high-end chips," Weng said.

  Weng also said the State asset regulator would offer favorable policies to help the digital transformation of enterprises and help SOEs build a number of digital collaborative innovation platforms and promote industrial coordination.

  The State asset regulator said it would further promote smart and green manufacturing, and smart energy, transportation and construction.

  Source: China Daily