Perfect World CEO: Epidemic accelerates digitalization of Chinese economy

Robert H. Xiao, CEO of Perfect World, emphasized that the novel coronavirus outbreak has further accelerated the transformation of Chinese digital economy, with the online entertainment sector booming as one of the main areas of stimulus.

As the two sessions stressed the necessity of keeping updated about cutting-edge technology, including 5G, AI and big data construction, Xiao believed the cultural entertainment industry will witness new growth point in the future.