China is working to strengthen, optimize and expand the digital economy
In a mine with a depth of 500 meters belonging to the Jinneng Holding Coal Industry Group in Datong, Shanxi province, the drill head of a shearer rotates very fast, and the coal blocks fall on a conveyor belt, and then must have gone into the containers after washing and straining. . Such downhole operations are performed remotely by operators on a computer.
The traditional mining industry, through the use of 5G, industrial internet and artificial intelligence technologies, has greatly improved its quality and efficiency, and further improved production safety. The digitization of the mining industry shows the perfect integration of the digital economy and the real economy and their continued solid development.
Over the past decade, the foundations for the integration of the digital economy and the real economy have continued to be consolidated. The country has more than 79 million industrial devices connected to major platforms, benefiting more than 1.6 million industrial enterprises. The country’s smart manufacturing equipment sector is worth nearly 3 trillion yuan ($430 billion) and meets more than 50 percent of market demand.
The digital economy affects the overall development of the country. Over the past few years, China has been working hard to strengthen, optimize and expand the digital economy. According to an official from the Ministry of Industry and Information Technology (MIIT), China’s digital economy has ranked second in the world for several consecutive years, forming a major driving force for the country’s economic and social development. country. .
China has significantly boosted its ability to build new digital infrastructure. The country has the largest mobile broadband and fiber optic network in the world, and its fixed broadband internet has increased from 100 megabits per second to 1,000 megabits per second.
China, which in the past was only following the development of 4G communication technologies, is now leading the pack in 5G. 2.22 million 5G base stations have been built in the country, and all administrative villages have access to high-speed Internet, which contributes to the development of new applications, new forms of activity and new models in the Internet sector.
China is striving for deep integration of the digital economy and the real economy. Until September 2022, the penetration rate of digital research and development and design tools in the country has reached 76%, and the proportion of digitally controlled key stages has reached 57.2% in enterprises. New scenarios and sectors, and new forms of smart manufacturing activity continued to emerge, greatly boosting economic development.
Major digital industries have continued to grow. New technologies, business forms and platforms are on the rise, such as big data, cloud computing, blockchain and artificial intelligence. In addition, the “contactless economy” represented by online shopping, online education and telemedicine has developed at an accelerated pace, injecting a strong impetus into the overall economic development.
According to statistics, the electronic information manufacturing industry and software companies have generated revenue of 12.45 trillion yuan and 8.42 trillion yuan, respectively, by October 2022.
Overall, China’s manufacturing sector is still hampered by overcapacity of low-end products and insufficient supply of high-end products. It is in dire need of a structural upgrade. The acceleration of the digital economy has provided an important way to improve the supply system of the manufacturing sector. Thanks to new technologies and new business models, the digital economy can always promote the change of application situations and business models, and promote high-quality development of the manufacturing sector.
At a Lenovo smart factory in Shenzhen, Guangdong Province, which boasts a 60% automation rate, a laptop rolls off the production line every 14 seconds. The production line uses 268 robotic arms and automated guided vehicles, and can produce 1.2 million laptops per year.
Ramaxel, a supplier of memory devices at the top of the industrial chain and located 20 kilometers from the Lenovo factory, is also accelerating its digital transformation. The company’s on-time delivery rate and production efficiency have all increased by 30%, thanks to the support provided by Lenovo. Ramaxel saw its revenue in 2021 increase 140% compared to the previous year and maintained rapid growth in the first three quarters of 2022.
The rapid and continuous development of China’s digital economy in recent years has promoted the emergence of internationally competitive digital industries and groups, such as intelligent voice recognition enterprises in Hefei in Anhui Province, the digital security industry in Hangzhou in Zhejiang Province, and the Internet of Things company in Wuxi in Jiangsu Province.
“Accelerating the development of the digital economy, promoting the deep integration of the digital economy and the real economy, and expanding digital industry clusters are very important,” said an MIIT official. The country will build digital industry clusters in various sectors with global competition in stages.
(By Han Xin, People’s Daily reporter)
On November 23, 2022, a worker manipulates an intelligent machine tool to produce industrial robots at the factory of Yantai Eddie Precision Machinery Co.,Ltd. in Yantai of Shandong province (in eastern China). (Tang Ke/Pic.people.com.cn)
On Dec. 12, 2022, a visitor interacts with a virtual character created by artificial intelligence at the first International Digital Trade Expo in Hangzhou of east China’s Zhejiang Province. (Long Wei/Pic.people.com.cn)
On May 31, 2022, workers produce 5G communication components and terminals at a technology company’s digital factory in Quannan County of Ganzhou City in east China’s Jiangxi Province. (Yin Qiqi/Pic.people.com.cn)
