An article to understand “China’s digital economy development trend in 2021”

Looking forward to 2021, the innovative application of digital technology will expand to a wider range, higher level and deeper level, and my country’s digital economy dividend will be further released, towards the accelerated innovation of data circulation services, the deeper integration of the digital economy and the real economy, and the comprehensive promotion of digital infrastructure. New business formats and new models are becoming more and more mature, digital governance is more pragmatic, and the level of digital trade is further improved.

However, there are problems such as the homogenization of development paths and models, the need to improve the digital business environment, and the prominent bottleneck of digital platform supervision. Under this situation, CCID Research Institute proposed a series of countermeasures and suggestions, such as further strengthening the top-level design of the coordinated development of the digital economy, continuing to promote the innovation of digital economy policy and service means, building a multi-coordinated supervision system, and coordinating the promotion of digital infrastructure construction.

1. Basic judgment on the situation in 2021

(1) The “two-wheel drive” of technological innovation and scene integration will further release the dividends of the digital economy and enable the accelerated recovery of the economy

In 2020, my country’s digital economy will drive the rapid development of the digital industry with technological innovation, and empower the digital transformation of traditional industries with business format and model innovation, becoming an economic “ballast stone” for hedging the epidemic and stabilizing risks. In the first three quarters, the output of industrial robots and integrated circuits increased by 18.2% and 14.7% year-on-year respectively, the information transmission, software and information technology service industries increased by 15.9% year-on-year, and the investment in high-tech industries increased by 9.1%. , the traction role in the national economy from negative to positive is highlighted.

At the same time, digital technology is deeply integrated with various industries such as medical care, education, transportation, retail, manufacturing, etc. Press the “fast forward button”, smart classrooms and collaborative office are fully popularized, “cloud consultation”, “cloud exhibition”, “cloud tourism” “One after another, new forms of personal employment such as webcasting and sharing employees are emerging. Take e-commerce live broadcasts as an example. From January to June, there were more than 10 million e-commerce live broadcasts nationwide, with more than 400,000 active anchors, more than 50 billion viewers, and more than 20 million products on the shelves.

An article to understand “China’s digital economy development trend in 2021”

Looking forward to 2021, under the background of Sino-US economic and trade frictions, my country’s investment in key core technology innovations such as basic software, high-end chips, and core components will continue to increase. The innovation of application scenarios centered on integration, resource sharing, and value co-creation is going deeper, accelerating the fission, integration, and reconstruction of industrial elements, detonating one new growth point after another in the digital economy, and providing continuous impetus for domestic economic recovery.

(2) “Two-way force” in the public sector and key industries, innovation in data circulation services will emerge in large numbers, and competition for market leadership in data elements will become increasingly fierce

In 2020, the Central Committee of the Communist Party of China and the State Council issued the “Opinions on Building a More Perfect Market-Based Allocation System and Mechanism for Factors”, which clearly proposed to accelerate the cultivation of the data factor market. All localities have focused on promoting data circulation and transactions. For example, the Beibu Gulf Big Data Trading Center was inaugurated. Beijing and Shenzhen successively proposed to explore the establishment of data trading centers or rely on existing trading venues to carry out data transactions. Compared with the last round of construction boom, the construction mode of major data trading centers is gradually changing from government-led to government-enterprise cooperation, and the focus of development has shifted from transaction data to building a trusted data exchange space for data sharing, multi-party computing, and benefit sharing. Support the transformation of more platform service capabilities such as data resource aggregation, asset management, quality governance, value transfer, and product trading.

 An article to understand “China’s digital economy development trend in 2021”

Looking forward to 2021, more and more big data trading centers will take the lead in launching pilot projects in the public sector and in the financial, telecommunications, medical, artificial intelligence and other industries through the government’s establishment of mechanisms and enterprises to build platforms to explore trust-based data exchange. Spatial data circulation transaction mode. At the same time, the big data trading center will also become a “testing field” for the exploration of the market mechanism of data elements. It will carry out systematic experiments on the establishment and promotion of rules in data rights confirmation and registration, value evaluation, quality governance, pricing transactions, and standard contracts, so as to seize the circulation. Dominance of trading market rules.

(3) The reform of state-owned enterprises and the digitalization of small and medium-sized enterprises go hand in hand. The integration of the digital economy and the real economy will continue to deepen, and the digital strong chain and stable chain will become an important direction.

In 2020, due to the pressure of the epidemic and the pull of policies, more and more traditional enterprises, especially small and medium-sized enterprises, have awakened their awareness of digital transformation, and are more actively seeking a digital transformation path model that suits their own characteristics, accelerating the integration of the digital economy and the real economy. Expand in depth. In April, the National Development and Reform Commission and the Central Cyberspace Administration of China launched the “Going to the Cloud and Empowering Intelligence with Data”. Guide small and medium-sized enterprises to accelerate digital transformation from both sides of supply and demand. In August, the State-owned Assets Supervision and Administration Commission issued the “Notice on Accelerating the Digital Transformation of State-owned Enterprises” to guide the creation of benchmarks for the digital transformation of state-owned enterprises in industries such as manufacturing, energy, construction, and services. During the epidemic, the State-owned Assets Supervision and Administration Commission released the “First Batch of Enterprises’ Digital Anti-epidemic Products and Services Summary”, which included 175 digital anti-epidemic products and services from 10 categories of central enterprises, showing the fruitful results of the digital transformation of central enterprises.

 An article to understand “China’s digital economy development trend in 2021”

Looking forward to 2021, all kinds of state-owned enterprises and small and medium-sized enterprises will be driven by data and supported by platforms to promote all aspects of production and service consumption, online and offline application scenarios, and the in-depth integration of traditional craftsmanship and emerging business formats. The enabling effect will be released further. At the same time, state-owned enterprises will give full play to the advantages of industrial chain integration, relying on digital platforms to further open up data channels for upstream and downstream enterprises, promote omni-channel and full-link supply and demand allocation and precise docking, and guide small and medium-sized enterprises to use the platform, use data, change models, and transfer business. Gradually form a development pattern of efficient coordination of the industrial chain, flexible configuration of the supply chain, and integration of large and medium-sized enterprises.

(4) “Common policy” for local specialization and regional integration, digital infrastructure will be fully promoted, and the “base” of digital industry clusters will be formed at a faster pace

In 2020, local governments will continue to increase policy support and capital investment in “digital infrastructure” based on their own advantageous industries and the needs of regional integrated development. According to incomplete statistics, the total planned investment in the field of “new infrastructure” in my country has reached 49.9 trillion yuan, and the total planned investment in 2020 will reach 8.4 trillion yuan; among them, Guizhou Focus on Data Center, Zhejiang Focus on Industrial Internet, etc. The focus of investment in “infrastructure” is to focus on industries that already have basic advantages in the local area. At the same time, focusing on promoting integrated development, major strategic regions such as the Guangdong-Hong Kong-Macao Greater Bay Area, the Beijing-Tianjin-Hebei region, the Yangtze River Delta, and the Chengdu-Chongqing Shuangcheng Economic Circle have all regarded accelerating the integration of “digital infrastructure” as a “first move” to consolidate The foundation for the integrated development of the regional digital economy.

  An article to understand “China’s digital economy development trend in 2021”

Looking forward to 2021, the “digital infrastructure” represented by 5G, industrial Internet, big data centers and artificial intelligence will accelerate from the investment period to the construction and operation period. Under the guidance of the regional integration strategy, local governments will be based on “digital infrastructure”. Advance in depth, supplement, optimize, and extend to build a digital industry chain with regional characteristics, and provide solid support for the construction of a digital industry cluster with clear echelons, clear division of labor, mutual connection, and international competitiveness.

(5) Service supply and digital consumption “strengthen at both ends”, new business formats and new models will become mature, and artificial intelligence applications will become the leading development

In 2020, the epidemic caused long-term home isolation and social distancing, triggering a new mechanism for the digital survival of the whole people. On the demand side, the full combination of big data and artificial intelligence endows smart terminals with more real-time and accurate service capabilities. People are increasingly accustomed to consumption, entertainment and socializing in digital spaces. Online education, Internet medical care, telecommuting, live streaming and other new New business models have created more and more new demands for digital consumption. On the supply side, online services have shifted from low value-added links of “single service on demand” such as housekeeping, takeaway, express delivery, and housing agency to high value-added “diverse supply of scene-based services” such as education, medical care, office, and entertainment. The link is expanded in depth. The “unmanned economy” represented by unmanned factories, unmanned warehouses, drone patrols, unmanned distribution, unmanned supermarkets, and unmanned KTVs is bursting with vitality, and has been widely penetrated into production, logistics, retail, entertainment and other fields, leading Production and consumption are entering a new stage of data intelligence and human-machine collaboration.

An article to understand “China’s digital economy development trend in 2021”

In 2021, with the iterative maturity of digital technologies such as artificial intelligence, big data, 5G, and the Internet of Things, the industry fields penetrated by unmanned applications and online services will be further expanded, and new business forms and new models arising from the collision of traditional industries and intelligent technologies will be “Spark” will continue to emerge, bringing consumers smarter interactive terminals, richer content resources, and more interesting scene experiences, and providing producers with smarter production decisions, more accurate process control, lower labor and resource cost.

(6) The digital government and smart city will go hand in hand, and the digital governance platform will be unified, and “building the brain and cultivating intelligence” has become an important proposition

In 2020, in order to solve the problems caused by the epidemic, such as the unsmooth online and offline command and dispatch, and the difficulty in realizing joint prevention and control of major public safety emergencies, all localities will focus on opening up data communication channels and mechanisms, and accelerate the promotion of platform carriers that support the construction of digital government and smart cities. Intensive integration.

Haidian District, Beijing has integrated various government systems in the district to create an “urban brain” system. During the epidemic, it has provided strong support for the analysis of the population returning to Beijing, the analysis of population screening, and the dynamic monitoring of key populations. Hangzhou’s “City Brain” has built a “data warehouse” covering the city’s administrative information resources, which has been widely used in 48 application scenarios such as public transportation and urban governance. 95% of urban governance events have been automatically discovered.

Looking forward to 2021, there will be more places dedicated to building a unified and intensive “urban brain” platform based on the integration and sharing of government data to further promote the aggregation, integration and governance of data in various fields, and through the gradual enrichment of platform data, technologies and tools, and continuous strengthening Software-defined, flexible configuration, on-demand invocation, safe and reliable “city intelligence” capabilities, enabling the construction of various scenarios such as government management, urban governance, people’s livelihood services, and industry applications.

(7) Equal emphasis on service output and rule output, digital poverty will become the core issue of opening to the outside world, and help accelerate the construction of domestic and international “dual circulation”

In 2020, with the expansion of pilot projects for innovative development of trade in services, my country’s digital service trade exports represented by communication services, social media, e-commerce, digital content, etc. will grow strongly. Institutional openness such as rules, regulations, management, and standards has been further expanded. At the G20 summit held in November, General Secretary Xi Jinping proposed to play the role of the digital economy, strengthen data security cooperation and digital infrastructure construction, and bridge the digital divide. During the China-ASEAN Digital Economy Cooperation Forum, areas such as digital epidemic prevention and anti-epidemic, digital infrastructure construction and digital transformation have become the focus of experience exchange between my country and ASEAN member states, and many industrial cooperations have been reached in areas such as smart cities, artificial intelligence, and big data. intention. The recently signed and released Regional Comprehensive Economic Partnership (RCEP) also includes digital trade issues such as telecommunications and e-commerce, and has become an important area for high-level open cooperation among the countries in the agreement.

Trade, digital products and services, actively participate in the construction of cross-border e-commerce and cross-border data flow, international health code mutual recognition, digital currency, digital tax and other rules, support the comprehensive expansion of opening up, and promote the formation of domestic and international circulation as the main body. A new development pattern in which dual cycles promote each other.

2. Several issues that need attention

(1) The trend of homogenization of the development path of the digital economy is obvious, and the competition for key resources such as funds and talents has intensified unbalanced development

At present, all regions have regarded the digital economy as a strategically competitive field for development during the “14th Five-Year Plan” period, and further increased investment in digital industrialization, industrial digitization, digital government, smart city, and data element market cultivation. However, due to the lack of overall planning and division of labor, most places have similar measures and paths in industrial direction, policy design, project construction, etc., with insufficient features and highlights. Among the 24 provinces and cities that have issued digital economy policies, all of them proposed to accelerate the development of artificial intelligence, but most provinces did not list the subdivisions and key breakthrough directions. At the same time, competition for innovative resources such as data elements, leading companies, and digital talents is also increasingly fierce.

(2) The uncertainty and risks faced by enterprises in operation have increased, and the business environment of the digital economy needs to be further optimized

At present, due to factors such as the global economic downturn and the impact of the epidemic on the international industrial chain and supply chain, the uncertainties faced by enterprises in their operations have increased. At the same time, the facilitation of market access and operation services has attracted more market entities to enter, which has also exacerbated the business difficulties of enterprises to a certain extent. In the face of a market with more diverse demands and faster product iterations, the business demands of enterprises have changed from convenient access to policy promotion, targeted subsidies, market connection, and inclusive innovation. However, some of the current policy support is not accurate and rewarding. Issues such as slow cashing and insufficient “rigid cashing” need to be further optimized.

(3) Tighter regulation of digital platform monopoly may hinder market innovation, and regulatory difficulties such as platform autonomy and data monopoly are waiting to be overcome

At present, with the continuous expansion of the scale of digital platforms, the platform’s control over resources such as capital, traffic, technology, and data has gradually increased. The discourse power of autonomous rules of user behavior, enterprise operation, market operation, etc. is escalating day by day. In November, the State Administration for Market Regulation publicly solicited opinions on the “Anti-Monopoly Guidelines on Platform Economy (Draft for Comment)”, which put forward clear constraints on the behavior of digital platforms using data, algorithms and other advantages to conduct disorderly competition, but it may also be to a certain extent. Influence the continuous innovation of the platform. In addition to the regulations, more diversified means need to be explored to promote the balance between effective regulation and inclusive development.

3. Countermeasures and suggestions to be taken

(1) Further strengthen the project-level design of the collaborative development of the digital economy

First, it is necessary to fully summarize and popularize the characteristic experience of the digital economy innovation and development pilot zone, further expand the scope of the pilot zone, promote the experiment subjects to sink to the urban and county levels, and focus on new infrastructure, digital industrialization, industrial digitization, data governance, and data elements Development themes such as market cultivation and digital trade support the exploration of an effective path for the development of the digital economy based on local industrial foundations and highlighting the advantages of regional characteristics.

The second is to support the establishment of a regional digital economy integration development promotion group in combination with major national regional strategies such as the Beijing-Tianjin-Hebei collaboration, the Guangdong-Hong Kong-Macao Greater Bay Area, the integration of the Yangtze River Delta, and the Chengdu-Chongqing economic circle. , the principle of win-win, with the construction and development of “three links and one cluster” such as digital infrastructure, data element market, smart city service, and digital industry clusters as the driving force, and the digital economy empowers cross-regional, cross-domain, cross-subject Optimize the allocation of resources and integrate and innovate elements to create a regional development highland for the digital economy.

The third is to focus on digital industries related to national security and the lifeblood of development, such as high-end chips, operating systems, high-end CNC equipment, etc., implement national overall planning and relatively centralized layout, and combine regional advantages to promote the coordinated construction of industrial chains and the effective allocation of supply chains. Waste of resources and repeated investment caused by the construction of the industrial chain.

(2) Continue to promote the innovation of digital economy policy and service means

The first is to deepen the application of digital technologies such as big data and artificial intelligence in problem research and judgment, policy design, implementation, and government services, and fully grasp the needs of enterprises in government procurement services, market expansion, upstream and downstream collaboration, training and consultation, etc. Proactive and precise policy implementation to improve service efficiency.

The second is to improve the pre-assessment and post-assessment systems for major policies and special funds, smooth the channels for enterprises and individuals to participate in policy formulation, and improve decision-making.

The third is to support competent regions and research institutions to study and release digital economy-related business form indices, so as to provide guidance for corporate strategy formulation and market expansion.

(3) Build a fair, transparent and efficient multi-coordinated supervision system

The first is to clarify the responsibilities and rights of each subject of the government, enterprises, and industry associations, and to implement differentiated supervision and precise policy implementation for different types of digital platforms.

The second is to strengthen the application of artificial intelligence, big data, blockchain and other digital technologies in platform governance and supervision, improve supervision efficiency, and innovate supervision models.

The third is to follow the development law of the platform economy, clarify the responsibilities and obligations of digital platforms, clarify the scope of supervision of Internet service models, optimize business governance methods, and further stimulate market innovation capabilities.

(4) Coordinate the promotion of digital infrastructure construction and implement classified policies

On the one hand, support local governments to formulate overall investment plans, and under the premise of fully considering the actual financial and debt bearing conditions of local governments, clarify the investment priorities and order in various fields involved in “digital infrastructure”, formulate detailed investment plans and investment amounts, and achieve the goal of building “digital infrastructure”. A game of chess” to guard against risks such as investment bubbles and overcapacity. On the other hand, different development strategies should be implemented for different fields of “digital infrastructure”, such as non-competitive and non-exclusive “digital infrastructure”, including 5G base stations, rail transit, energy Internet, etc., which should be led by the government; “Digital infrastructure” in technology and specialized fields, such as artificial intelligence, industrial Internet, new energy charging piles, and some big data centers, should fully stimulate the enthusiasm of market players, and let “professional teams” do “professional things”. The focus is on environmental creation and policy guidance.

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