How to Understand the Important Strategic Significance and Opportunities and Challenges of Developing Digital Economy

The important strategic significance and opportunities and challenges of the development of the digital economy is a valuable opportunity for China's economy to realize a lane change in the fourth industrial revolution, which is very important for realizing high-quality development and the great rejuvenation of the Chinese nation. The company's business is a very important strategic significance.

In 2020, the added value of China's core industries in the digital economy will account for 7.8% of the gross domestic product (GDP), and the digital economy provides a powerful impetus for economic development. Accelerating the digital transformation of industries can help China's digital economy to catch up with the world's advanced level of GDP, and the real economy with the manufacturing industry as the core will also realize the quality and efficiency of development.

For example, the automobile industry is a standard catch-up industry, but the combination of automobile and digital technology has brought new technologies such as driverless, and the extension of the automobile industry to the service industry, which have brought opportunities for China's automobile industry to catch up. Another example is for the leading home appliance industry, which can use digitalization to upgrade its value chain and continue to maintain its leading position. Through the development and growth of the digital industry, the direct driving effect of the digital economy on economic development will be increased.

Through the digital economy to empower the five types of industries, data and digital technology to accelerate the backward industries to catch up, to maintain the advantages of the leading industries, for the new era of the new journey China to achieve high-quality development to provide kinetic energy. In addition, in terms of new technologies and industries represented by big data, artificial intelligence and Internet applications, China is not only standing on the same starting line with developed countries, but also has certain comparative advantages in terms of data resources, human capital and market volume.

One is the data advantage. Big data is a new factor of production, known as the "oil of the 21st century", and China has more than 1 billion Internet users, generating massive data resources.

The second is the talent advantage. China is a large country of human resources, the absolute number of innovative talents is high, and there is a talent advantage in research and development.

Third is the market advantage. China has the most complete industrial support, not only is the big country of data and population, but also the big country of the market and the big country of application scenarios, these advantages combine to provide a broad prospect for the development of China's digital economy.