The Digital Economy Will Become A New Driving Force For China's Growth

Feb 01, 2023 Hagyjon üzenetet

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The digital economy will become a new driving force for China's growth



Jia Kang, former director of the Institute of Fiscal Science of the Ministry of Finance, believes that as China passes through the pressure period of China's epidemic prevention policy adjustment, China's economic prosperity will improve significantly. Coupled with the consistent macro-control policy emphasized by the central government to further exert force, improve quality and increase efficiency, from guiding and encouraging the innovation and development of the digital economy to unswervingly adhering to the "two unwavering" aspects, good guidance has been issued. In principle, mobilize the enthusiasm of all parties, and the new situation of the economy in 2023 is very worth looking forward to. At the same time, while ensuring speed, we must never forget to make quality improvement the focus of our country's economic work.



As a key source of power for global economic recovery, the digital economy will become a new driving force for China's future economic growth, and artificial intelligence, as a strategic technology for a new round of technological revolution and industrial transformation, is the core engine for the development of the digital economy.



According to data released by the World Internet Conference not long ago, in 2021, the added value of the digital economy in 47 major countries and regions in the world will exceed 38 trillion US dollars, accounting for 45% of GDP, and the year-on-year nominal growth rate is as high as 15.6%. Among them, the scale of the artificial intelligence industry is developing rapidly. According to the latest data released by the Ministry of Industry and Information Technology in April 2022, the scale of my country's artificial intelligence core industry has exceeded 400 billion yuan, and the number of related companies has exceeded 3,000. Jump to No. 1 in the world by 2022.



Du Lan, Senior Vice President of HKUST Xunfei, believes: "In the next five years, we hope that artificial intelligence can empower thousands of industries faster, wider, and deeper." She emphasized that the innovation of core source technologies and the prosperity of the industrial ecology have contribute to the development of the digital economy.



"In the next five years, efforts should be made to promote the research on public capabilities required for the development of various technologies, as well as the research on the integration of various marginal interdisciplinary disciplines, and encourage advantageous enterprises to carry out collaborative research in the form of joint capital investment and sharing of results, so as to realize the realization of key technologies and core technologies. Technological breakthroughs. In addition, we hope that there will be an open platform to empower all walks of life to innovate and start businesses, and promote the prosperity of the industrial ecology." Duran pointed out.



Dulan said: "In the next five years, the key to the development of the digital economy is to form a coordinated development from technological innovation to core industries and then to technological traditional industries. Serve the major propositions and serve the happiness of every ordinary person.”



Cao Heping, a professor of economics at Peking University, pointed out that the growth opportunities for the world in the next five years can be approached from two aspects: one is to seek to re-establish the four major economic engines of post-World War II recovery and reconstruction—the United Nations, the World Trade Organization, the International Monetary Fund, the World Banks, upgrade their coordination functions. The second is to pay attention to the Internet sharing economy supported by digital technology, and encourage the market economy to shift to new business forms. "Relying on traditional toolboxes to regulate economic growth is no longer applicable. We need to change our thinking and develop new technologies to solve the problem," Cao Heping said.