During the two sessions of the National People’s Congress this year, the General Secretary of the Supreme Leader pointed out that we should vigorously develop strategic emerging industries and accelerate the development of the digital economy. The "Government Work Report" also made it clear that we should vigorously develop the digital economy, improve the level of normalized supervision, and support the development of the platform economy. At the same time, the newly established National Data Bureau will promote the planning and construction of digital China, digital economy and digital society as a whole. This shows that the role of data elements will be further highlighted, and the digital economy is expected to enter the fast lane of development and release stronger kinetic energy.
Development opportunities are unprecedented.
Accelerating the development of digital economy is a strategic choice for China to grasp the new opportunities of the new round of scientific and technological revolution and industrial transformation, a strategic deployment for China to build a modern industrial system and promote high-quality economic development, and also a key task for economic work in the next five years.
Zhuang Rongwen, deputy director of the Central Propaganda Department, director of the Central Network Information Office and director of the National Network Information Office, said that it will strengthen the systematization of key core technologies to break through the top-level design, strengthen the research of cutting-edge technologies, and promote high-level science and technology self-reliance with independent innovation of core technologies in the digital field; Accelerate the construction of a new generation of information infrastructure, strengthen and improve the digital economy, accelerate the digital industrialization and industrial digitalization, and accelerate the coordinated transformation and development of digitalization and greening.
Experts believe that driven by multiple favorable factors such as policy, investment, technology and market, China’s digital economy has ushered in unprecedented development opportunities. Zhao Gang, president of Saizhi Industry Research Institute, analyzed that the policy tools supporting the development of digital economy will be combined. According to the Overall Layout Plan of Digital China Construction, a number of major digital infrastructure projects such as 5G network, Gigabit optical network and computing center will accelerate investment and construction, attract and drive more social investment, and promote the rapid development of digital economy. With the innovation breakthrough of integrated circuits, artificial intelligence, quantum information and other technologies, and the deep integration of digital technology with economic, political, cultural, social and ecological civilization construction, more new formats and new applications will emerge in the digital economy, which will also stimulate the market’s greater demand for digital products and services.
"With the support of policies, talents, capital, data and other elements will accelerate the gathering in the digital economy, enhance the innovation activity in the digital economy, accelerate the innovation of digital technology, digital products and services, digital economy formats and models, and build a benign innovation ecosystem." Pu Songtao, deputy director of the Institute of Informationization and Software Industry of CCID Think Tank, said.
The top-level design is constantly improving.
At present, judging from the development scale and key factors, China’s digital economy development is in the first echelon in the world: the core industry ranks second in the world, the mobile communication network is the largest and technologically advanced in the world, and the total computing power of data centers, the output of data resources and the development level of the Internet rank second in the world.
Digital economy has become one of the main engines of economic growth. Cao Shumin, deputy director of the National Internet Information Office, said that the number of netizens in China has reached 1.067 billion; From 2012 to 2021, the compound annual growth rate of digital economy in China reached 15.9%. China has built the world’s largest and technologically advanced fiber-optic broadband and 5G network, forming the world’s largest, widely used, innovative and vibrant network society.
China’s digital economy has obvious advantages, such as digital infrastructure and Internet platform advantages, data advantages, application scenarios advantages and user advantages, but there are also big but not strong problems. The development of digital economy still faces challenges such as insufficient innovation ability of core technologies, low efficiency of market-oriented allocation of data elements, insignificant effect of industrial digital transformation, and frequent security risks of digital economy.
Experts believe that the establishment of the National Data Bureau is a major institutional innovation in the field of national digital development, which will comprehensively enhance the integrity, systematicness and synergy of the construction of digital China, and give full play to the role of the state in overall layout and overall coordination of data elements, digital transformation and digital infrastructure construction.
Zhao Gang said that this move is conducive to coordinating and promoting the construction of data infrastructure, coordinating the integration, sharing, development and utilization of public and social data resources, promoting the market-oriented allocation of data elements, and smoothing the big cycle of data resources; Coordinate the overall layout planning of digital China construction, coordinate the digital transformation of various fields and industries, coordinate and promote the development of digital government, digital economy, digital culture, digital society and digital ecological civilization, and fully empower economic and social development; Coordinate and promote the layout of digital infrastructure, and coordinate and promote the opening of the digital infrastructure artery.
Pu Songtao believes that the establishment of the National Data Bureau highlights the systematic concept of mining data value in China, indicating that the development of China’s digital economy will enter a new stage of systematization. The National Data Bureau promotes the planning and construction of digital China, digital economy and digital society as a whole, that is, it systematically grasps the factor end, industry end, application end and ecological end of the development of digital economy from the top-level design, so as to make all aspects and links related to the convergence, mining and application of data resources co-ordinate, promote data to truly become production factors, and accelerate the transformation to economic value and social value.
Accelerate the empowerment of the real economy
Digital economy is an important engine to promote China’s economic growth and an important advantage in building a modern industrial system. In recent years, the role of China’s digital economy in empowering the real economy has become increasingly prominent, the digital industry has accelerated its growth, and the digitalization of the industry has accelerated in an all-round way.
China’s industrial economy is large, and the digital economy ranks second in the world, with broad prospects for integration and development. Jin Zhuanglong, Minister of the Ministry of Industry and Information Technology, said that we will make overall plans for development and security, focus on innovation breakthrough and application expansion of digital technology, promote the deep integration of digital economy and real economy, and strive to achieve high-quality development. Accelerate the construction and application of new information infrastructure such as 5G and industrial Internet, expand the core industries of digital economy, promote the high-quality development of integrated circuits and industrial software industries, and actively cultivate new formats and new models.
According to reports, the Ministry of Industry and Information Technology will promote the construction of network infrastructure, carry out in-depth construction of gigabit cities, study and formulate an action plan for the development of computing infrastructure, and strengthen the construction of industrial Internet infrastructure. Accelerate the development of core industries of the digital economy, including artificial intelligence, big data, blockchain, cloud computing, network security and other emerging digital industries, guide and support enterprises to increase investment in research and development, and improve the industrial level of communication equipment, core electronic components and ultra-high definition displays. Vigorously promote the digital transformation of manufacturing industry, study and formulate the roadmap for digital transformation of key industries, cultivate a number of digital transformation benchmarks, deepen the integrated application of "5G+ Industrial Internet", build a number of world-leading smart factories and smart supply chains, and develop new modes and formats such as service-oriented manufacturing.
Let the digital economy engine release stronger kinetic energy, and we must continue to innovate in both digital industrialization and industrial digitalization. Zhao Gang believes that in addition to promoting the integration and innovation of numbers and facts, it is necessary to continue to innovate in computing power, algorithms and data, so as to promote the continuous leap of computing power, the continuous evolution of artificial intelligence algorithm models and the continuous release of data element values. In the field of the integration of digital technology and industrial clusters, we will promote the digital collaboration of industrial chain, supply chain, innovation chain and marketing chain, so that the industrial Internet platform can gradually exert the efficiency of resource integration of industrial clusters.
"Overall, China’s digital economy still has huge room for development. We should take scientific and technological innovation as the fulcrum and promote product, service and model innovation through scientific and technological innovation. Coordinate development and security, further consolidate the base of scientific and technological innovation, and better release the kinetic energy of digital economy development. " Pu Songtao said. (Economic Daily reporter Xin Huang)
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