Affected by the epidemic, traditional trade has been severely impacted, and digital trade has rapidly expanded in scale and continued to increase in importance, bringing huge opportunities to industrial digital transformation and corporate global operations. Data released by the United Nations Conference on Trade and Development show that in 2020, 63% of the world's service trade was realized through digital means.
"Digitalization helps us break the bottleneck of distance and scale, and can also reduce trade costs for small and medium-sized enterprises." According to Damien O'Connor, New Zealand Minister of Trade and Export Growth, the digital economy has brought new opportunities to New Zealand.
The "Report" pointed out that in the first year of the epidemic, the advantages of cross-border e-commerce over traditional international trade were fully exposed. The rise of new business formats such as the digital economy has broadened the boundaries of service trade. Asia's digital services trade has maintained steady growth, and its share in global digital services trade has climbed from 16.6% in 2005 to 25.5%.
The development energy of digital economy will continue to burst out
Data released by Qualcomm at the forum shows that by 2035, the global digital economy will reach US$13 trillion. In China, this figure will reach 1.5 trillion US dollars, and it will also create employment for 13 million people. The scale and economic benefits are very impressive.
"In the future, as the application scenarios of the digital economy become increasingly abundant, the digital economy will usher in unprecedented opportunities, and the Chinese economy will also gain energy for high-quality development."
At the same time, the development focus of the digital economy will also change. According to Zhang Lijun, PwC China's regional economics leader, the direction of development and capital investment in the digital economy in the past few years has been mainly focused on individual consumers, focusing on the transformation of business models. In the future, the digital economy will focus more on the enterprise side, and there will be considerable room for development in aspects such as the industrial Internet.
"We should not only talk about the digital economy, but also integrate it with the real economy. Based on artificial intelligence, 5G, and big data, we will build a smart ecosystem where everything can be sensed and everything can be connected, bringing greater social and economic value." Honor Terminal Wan Biao, chairman of the company, said.
According to Qian Kun, Global Senior Vice President of Qualcomm, wireless communication technology represented by 5G provides important support for the development of the digital economy. While promoting digital development, the application of technology will give birth to more new technologies and business forms.
In the new stage of development, how to ensure data security and the orderly flow of data?
Currently, data has become the most important core element of the new round of technological revolution, data governance has become an important part of current global governance, and data security and orderly flow have become an important guarantee for the sustainable development of the digital economy.
The "Report" points out that from 2020 to 2021, Singapore, Japan, South Korea, New Zealand, China, etc. have upgraded or passed laws and regulations related to data and privacy protection, and Brunei, India, Indonesia, Vietnam and other countries are also optimizing their data protection frame