The digital economy under the new infrastructure will gradually become a decisive factor in boosting my country's industrial momentum and realizing overtaking in corners.
From the January-May 2020 investment data released by the National Bureau of Statistics, it can be seen that the national fixed asset investment (excluding rural households) fell by 6.3% year-on-year, while the investment in high-tech industries has turned from a decline to an increase, with a year-on-year increase of 1.9%. It was down 3.0% in April.
"The impact of the epidemic on my country's economy is warning, and it will directly affect the adjustment direction of the regional industrial structure." Fan Hengshan, consultant of the China Regional Economic Association and honorary president of the China Regional Science Association, said recently that the digital economy has developed during the epidemic. It's just fine. In other words, the intensity of new infrastructure construction, especially the construction of a digital economy highland, will be further strengthened.
According to calculations by the China Academy of Information and Communications Technology, my country's digital economy is expected to be 35.9 trillion yuan in 2019, accounting for 36.2% of GDP. The China Internet Network Information Center (CNNIC) released the 45th "Statistical Report on the Development of the Internet in China", showing that as of March 2020, the number of Internet users in my country was 904 million, and the Internet penetration rate reached 64.5%. A large number of Internet users constitute China's booming The developing consumer market has also laid a solid user base for the development of the digital economy.
What profound impact will the digital economy have on traditional industries, especially the manufacturing sector? Can the region become the main position for the implementation and upgrading of the digital economy strategy?
01
What the digital economy promotes
What is the digital economy? Experts believe that the digital economy is based on data resources as an important production factor, modern information networks as the main carrier, and the integration and application of information and communication technology, and the digital transformation of all factors as an important driving force to promote a new economic form that is more unified with fairness and efficiency.
So far, more than 20 provinces across the country have set digital economy development goals. So, from the perspective of traditional industries, which manufacturing sectors will the digital economy's strategic planning specifically bring industrial growth?
"Because the digital economy will have a significant impact on the organizational form of traditional industries, theoretically, it will bring new development opportunities to all manufacturing industries that comply with national industrial policies and greatly improve the production efficiency of these industries." Digital Economy Think Tank Senior researcher Hu Qimu said in an interview with CBN.
Hu Qimu further believes that new energy vehicles, smart phones, carbon fiber and composite materials, industrial robots and other high-tech manufacturing industries will benefit greatly. In fact, some traditional heavy and chemical industries, such as steel, chemical, and energy are also undergoing digitalization. Transform and upgrade.
How to understand the operating mode of the digital economy? Is there a concept of an industrial chain?
"The digital economy is not a single industrial chain, but an organic collection of multiple industrial chains. There are both brand-new industries and digitally transformed traditional industries. The links between various industries in the digital economy are common technologies such as 5G, big data, cloud computing, artificial intelligence, etc., and some infrastructures such as new infrastructure to be laid out on a large scale." Hu Qimu said.
The industry's hotly discussed 5G construction is an opportunity to drive another wave of manufacturing development, such as the demand for upstream manufacturing caused by the laying of towers and base stations. Just assuming that all domestic 5G construction sites are completed, how much GDP will the digital economy generate?
Hu Qimu said that in view of the fact that 5G signals have weak penetrating power and greater attenuation compared with 4G, the construction density of 5G base stations should be greater without considering other factors. It is estimated that the density of 5G macro stations in my country will be at least 1.5 times that of 4G base stations, and the total number may reach nearly 6 million. Considering that 5G base stations cannot be shared with 4G, these base stations are all new requirements.
"According to data from the Ministry of Industry and Information Technology, there are currently only 258,000 base stations deployed, which is far from reaching the demand for base stations covered by 5G signals. Therefore, there will be continuous demand for base station manufacturing related industries in the next 5 to 6 years. According to the "China Academy of Information and Communications Technology" "2020 China 5G Economic Report", the total domestic investment in 5G networks from 2020 to 2025 is about 1.5 trillion yuan. The largest part of this investment will be spent on the construction of 5G base stations." Hu Qimu added.
New opportunities for regional integration
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Digital technology breaks the barriers of regional cooperation. So, can the development of regional integration become the main opportunity for the implementation and upgrading of the digital economy strategy?
Fan Hengshan believes that to promote coordinated regional development requires grasping new opportunities and applying new elements. "The focus of the next stage is to strengthen the digital support for regional development, and through the use of digital technology to make each region go beyond the geographical environment and historical basis, etc., in order to reconstruct my country's economic system and expand economic capacity."
Taking the Yangtze River Delta as an example, the Shanghai, Jiangsu, Zhejiang and Anhui Economic and Information Departments signed a joint agreement on “Building a Digital Economy Development Highland” on June 6th, aiming to promote the integrated development of the digital economy in the Yangtze River Delta. These include advancing the construction of major innovation platforms for the digital economy, deploying "new infrastructure" in advance, deepening the construction of industrial Internet integration demonstration zones, promoting open sharing of data and scenario applications, and launching vehicle networking integration innovation and cooperation.
Hu Qimu interprets this: “The economic scale of the Yangtze River Delta is at the forefront of regional economies in the country. When choosing the direction of industrial upgrading, opportunity costs must be taken into account. For example, it is necessary to consider whether new industries will bring environmental pollution and whether there will High consumption, etc. The low cost and low energy consumption of digital infrastructure can solve these problems."
On April 21 this year, in the interpretation of the "Hebei Province Digital Economy Development Plan (2020-2025)", it emphasized the need to "construct the Xiongan New Area Digital Economy Innovation and Development Pilot Zone, and promote the innovative development of the Beijing-Tianjin-Hebei Big Data Comprehensive Pilot Zone , Create a number of distinctive key parks and other "digital industry boost plans.
So, what steps should regional economies follow in order to develop digital economy?
Hu Qimu believes that the development of digital economy should go through three levels: first, technology research and development, then infrastructure laying, and then application scenarios expansion.
"However, these three levels are actually dynamically intertwined and mutually promoted. For example, while technological research and development are trying to transform achievements and commercial applications. The demand for laying infrastructure may continue to increase with the expansion of application scenarios. And application scenarios In the process of expansion, there may be new technical requirements, which will come back to promote technological upgrading." Hu Qimu added.
In other words, the digital economy can not only enable the manufacturing industry under regional integration to achieve a high-energy cycle, it is also very likely to achieve a number of technological breakthroughs.
China Business News found that in the first quarter of the province's GDP, the digital economy-related industries grew faster. Taking Shanghai and Zhejiang as examples, the output value of Shanghai's new-generation information technology increased by 15.3%, and the output value of new energy vehicles increased by 5.7%. The output of smart phones, carbon fiber and its composite materials, industrial robots, and integrated circuit wafers increased by 33.7%, 25.5%, 8.9% and 7.5% respectively.
In the same period, Zhejiang’s artificial intelligence industry grew by 4.1%, and the added value of the core industries of the digital economy and strategic emerging industries recovered to 97.3% and 95.6% of the same period last year.
Why are new energy vehicles, artificial intelligence and industrial robots? "4G to 5G means stronger communication infrastructure, wider application scenarios, and an unprecedented opportunity for overtaking in corners." Chen Liu, a researcher at the Yangtze River Institute of Industrial Economics, Nanjing University, said that the upgrading of the regional industrial chain depends on whether to grasp Lived in such a "technical window".
Judging from the 25.5% growth of carbon fiber and its composite materials, more technical fields are gradually being tackled. "Industrial breakthroughs in the Yangtze River Delta region need to occupy the position and key links of the'chain master' of the industrial chain and value chain, that is, to cultivate more invisible champion enterprises in the upstream of core technologies such as key materials and components." Chen Liu said.
Source: China Business News
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