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A new force in international trade, China's digital economy is booming

2022-08-31

Through the self-driving digital technology experience cabin, experience the travel changes brought by the intelligent network connection; through the interactive digital exhibition on the cloud, appreciate the charm of Dazu Rock Carvings; through the flexible production line, feel the traditional manufacturing enterprises moving towards high-end customized production... Held a few days ago At the 2022 China International Intelligent Industry Expo, new technologies, new products and new formats are dizzying.


In recent years, with the acceleration of new infrastructure construction, the in-depth advancement of digital industrialization, and the acceleration of key technologies, China's digital economy has flourished, and the industrial scale has continued to grow rapidly, becoming one of the main engines for economic development. At the same time, China's digital economic cooperation with other countries in the world is in the ascendant, making important contributions to promoting the economic and social development of relevant countries and global digital governance.


Strong infrastructure, rapid expansion of digital economy

Information sharing, high-definition video, smart weather... Relying on the big data industry, Huailai County, Hebei Province provides a series of technical services for the Beijing Winter Olympics and the Zhangjiakou Winter Paralympic Games. Huailai County, once famous for its grape cultivation, is rapidly embracing the big data industry. By the end of 2021, Huailai's big data industry has invested a total of 17.4 billion yuan, and has landed in 11 data center companies and 2 software leading companies.


From an agricultural county to a big data industry highland, the transformation of Huailai County is a vivid example of the vigorous development of China's digital economy. From 2012 to 2021, the scale of China's digital economy will increase from 11 trillion yuan to over 45 trillion yuan, and its proportion in GDP will increase from 21.6% to 39.8%, with an average annual growth rate of 15.9%. The report released by the United Nations Conference on Trade and Development pointed out that China is an example of successfully promoting economic structural transformation, especially industrialization transformation, and the digital economy has become a new growth driver of China's economy.


As of the end of May this year, China has built the world's largest and technologically advanced network infrastructure, and all prefecture-level cities have fully built optical network cities. As of the end of June, China's industrial Internet applications have covered 45 major categories of the national economy, and the high-quality external network of the industrial Internet has covered more than 300 cities. China has the necessary infrastructure, which is an important advantage for China to develop the digital economy.


"China's support for the construction of new infrastructure has led to the rapid expansion of the digital economy." Tang Zhimin, director of the China-ASEAN Research Center at the Chia Tai School of Management in Thailand, said that China's investment in communication networks, new technologies and computing power infrastructure has promoted traditional The transformation and upgrading of infrastructure supports scientific research, technology development, and product development, and drives China's economic growth from both demand and supply.


Carlos Arruda, a professor at the Business School of the Royal Foundation of Cabral in Brazil, said that the success of the digital economy is the result of the joint efforts of the Chinese government and all sectors of society. China's investment in digitalization has boosted economic growth, which has further driven investment in digital innovation, creating a virtuous circle. China's building of a highly inclusive digital infrastructure has made important contributions to balancing regional economic and social development and winning the battle against poverty.


Grasp innovation, the Chinese market provides more opportunities

According to the "Digital China Development Report (2021)" released by the Cyberspace Administration of China at the end of July, China's digital technology innovation capabilities are rapidly improving. In 2021, the number of international patent applications under the Patent Cooperation Treaty in the field of information will exceed 30,000, accounting for more than one-third of the global total. Emerging technologies such as artificial intelligence, cloud computing, big data, blockchain, and quantum information are among the top echelons in the world. 5G technology is in the lead in all aspects, and high-performance computing maintains its advantages.


"China's scientific and technological strength has changed from following to running in parallel, and even leading in some fields. China has independently developed a large number of advanced technological equipment and systems, especially the application of 5G and artificial intelligence, which has accelerated the growth of the digital economy. Tang Zhimin said that the improvement of China's technological innovation level has laid a solid foundation for the development of the digital economy.


According to the German Patent and Trademark Office's annual analysis report, China's innovation rate in digital technology is increasing significantly. In 2021, the number of Chinese patent applications in Germany increased significantly compared to the previous year in all important technological fields related to digitalization. Cornelia Rudlov-Schaffer, head of the German Patent and Trademark Office, said: "China has a strong drive for innovation."


China has developed supercomputers capable of tens of petaflops of mathematical operations, capable of occupying the high ground in the supercomputing field in the next few years. China is a world leader in the field of supercomputing, and many achievements have been independently accomplished by Chinese researchers using their own technology, which is particularly eye-catching.


China has strengthened key technological breakthroughs in the digital economy and accelerated digital industrialization, which has also brought more opportunities for foreign companies to explore the Chinese market. In June this year, Siemens of Germany set up the first intelligent infrastructure digital empowerment center in China in Shanghai to expand cooperation in the field of intelligent infrastructure. In July, ABB Group of Switzerland reached cooperation with China Telecom and Huawei to integrate the cutting-edge communication and automated distribution network technologies of the three parties to promote 5G smart power distribution solutions; International Business Machines Corporation of the United States is taking the open and intelligent hybrid cloud platform as the core, and actively cooperates with them. Chinese enterprises cooperate to facilitate digital transformation.


Patrice Kane, Chairman and CEO of Thales Group, said that China's new generation of information and communication technology is constantly developing, and new technologies such as 5G, cloud computing, big data, Internet of Things, and artificial intelligence are accelerating the integration of various industries. , which has effectively promoted the digitization, networking and intelligence of the industry, and multinational companies such as Thales have benefited a lot.


Re-cooperation to help share the dividends of the digital economy

The digital economy is an important part of China's cooperation with countries and regions along the "Belt and Road". At present, China has signed memorandums of understanding on "Digital Silk Road" cooperation with 17 countries, and established a "Silk Road E-commerce" bilateral cooperation mechanism with 23 countries. The competitiveness of digital trade continues to increase. Since last year, China and African countries have jointly formulated and implemented the "China-Africa Digital Innovation Partnership Program", launched the digital innovation project, held the China-ASEAN Digital Ministers Meeting and the China-ASEAN Digital Economy Development Cooperation Forum with ASEAN countries, and promoted international trade cooperation in the digital field. Expand steadily.


In Southeast Asia, Chinese companies have helped Thailand launch the pilot 5G smart hospital project to promote the intelligent transformation of service processes, improve treatment rates, and facilitate people’s medical treatment; in Latin America, China, Brazil, Ecuador and other countries have used digital technology to carry out innovative cooperation to help the Amazon rainforest ecosystem system and marine ecological environment protection; in Africa, China and the International Telecommunication Union jointly launched technical assistance and training projects to help build “Digital Uganda”, and China and Mozambique joined hands in the fields of digital connectivity, national government cloud platform and digital talent construction to help It promotes safe and efficient digital governance... From the construction of digital infrastructure, the digital transformation of society, to the application of new technologies such as 5G and the Internet of Things, China has extensively carried out international cooperation in the digital field and shared the development opportunities of the digital economy.


"China's experience shows that digital technology plays an important role in poverty reduction. Cooperation with China in digital payment, e-commerce, distance education and other aspects can effectively reduce the imbalance of regional economic and social development." Aruda said.


"Tunisia and China have achieved fruitful cooperation in the fields of information communication and Beidou navigation. Facts have proved that it is an inevitable trend to strengthen digital economic cooperation with China," said Najib, Minister of Communication and Technology of Tunisia. Gu Qingyang, an associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said that there is a strong demand for digital transformation of ASEAN industries, and there is broad space for cooperation with China in the field of digital economy.


In recent years, China has actively built open platforms such as the World Internet Conference, the World 5G Conference, and the World Artificial Intelligence Conference, strengthened cooperation in the digital field with other countries, actively carried out bilateral and multilateral digital governance cooperation, and participated in the formulation of international rules and standards in the digital field. From proposing the "Global Data Security Initiative" and "Joining the Action Initiative on Building a Community of Shared Future in Cyberspace", to applying for joining the "Digital Economy Partnership Agreement", China has always been committed to promoting the establishment of an open, fair and non-discriminatory digital business environment for the global Digital governance contributes to Chinese solutions and wisdom, and helps countries share the dividends of the digital economy.


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