The economic work conference held at the end of 2020 pointed out: "We must vigorously develop the digital economy." In recent years, the new generation of information technology represented by big data and artificial intelligence has developed rapidly, and the digital economy has become an important engine leading the global economic and social transformation and promoting the high-quality development of my country's economy. The agricultural economy and industrial economy use land, labor, and capital as key production factors, while the digital economy uses data as the key production factors. The "Decision" of the Fourth Plenary Session of the 19th Central Committee added data as a production factor for the first time, and the "Recommendations" of the Fifth Plenary Session of the 19th Central Committee of the Party further proposed to promote market-oriented reforms of data elements and accelerate digital development. This has pointed out the direction and injected momentum for the development of my country's digital economy.
If the technological revolution brought by the new generation of information technology represents the advanced productivity in the digital economy era, then the data-driven, software-defined, platform-supported, intelligent-led, and value-driven smart products such as smart phones and smart cars Co-creation of industrial reforms is shaping the main mode of production in the digital economy era.
Introduced a series of forward-looking digital infrastructure construction policies, especially the full implementation of the network power strategy, successfully transformed my country’s super-large market and demographic dividends into data dividends, and explored the development environment suitable for emerging markets, which is different from the developed countries in the West. Digital economy development model. In 2019, my country's digital economy ranked second in the world, accounting for about 36.2% of GDP (gross domestic product), and its contribution to GDP growth reached 67.7%. The vigorous development of the digital economy has greatly promoted the formation of a unified consumer market in my country and the modernization of the retail industry. my country has become the world's largest e-commerce market, and the total retail sales of consumer goods ranks among the top in the world. This has laid a solid foundation for the construction of a new development pattern with domestic and international cycles as the mainstay and mutual promotion of domestic and international cycles.
During the "14th Five-Year Plan" period, we must seize the opportunity of developing the digital economy, increase investment in new infrastructure represented by the fifth-generation mobile communication network, and transform the advantages of the world's most complete industrial system that my country possesses. For the data bonus. Promote the in-depth integration of the digital economy and the real economy, through data circulation, sharing, and cooperation to open up the upstream and downstream blockages of the supply chain, make up for shortcomings, and improve total factor productivity. Observe the potential needs of users from user data, provide user-centric and market-oriented high-quality supply, and form a higher level of dynamic balance in which demand drives supply and supply creates demand. Relying on new digital economy formats such as smart agriculture, smart tourism, smart logistics, and accelerating the integrated development of rural primary, secondary and tertiary industries and rural revitalization, expanding middle-income groups, and releasing the consumption potential of counties and townships. Relying on new forms of digital economy such as online education, telemedicine, and smart elderly care, effectively alleviate the scarcity of resources in my country's public service fields such as education, medical care, and elderly care, improve service efficiency, and release residents' consumption potential.
To vigorously develop the digital economy, it is necessary to strengthen technological innovation, attach great importance to the intersection of digital technology and biological, materials, energy and other technologies, strengthen disruptive digital technological innovation that can create new scenarios for the digital economy era, promote interdisciplinary integration, and promote basic science Original innovation. Use digital skills as a starting point to promote the reform of the labor market and the education supply side, increase efforts to cultivate compound talents with both industry backgrounds and digital literacy, and accelerate the digitalization process and industrial chain innovation of my country's industries. Resolutely oppose monopoly and unfair competition, improve digital rules and supervision, strengthen data governance and flow, promote inclusive growth and SME innovation, and allow the whole society to share the fruits of digital economy development. Further open up, actively integrate into the global market, participate in global digital governance, integrate the global market through the global flow of data elements, optimize the allocation of resources, improve international competitiveness, and realize the mutual promotion of domestic and international double cycles.
(Source: People's Daily)