Na­tion to pro­mote dig­i­tal up­grade

China Daily (Hong Kong) - - BUSINESS - By OUYANG SHIJIA ouyang­shi­jia@chi­

China is ac­tively ac­cel­er­at­ing the in­te­grated developmen­t of next-gen­er­a­tion in­for­ma­tion tech­nol­ogy and man­u­fac­tur­ing, in a bid to fur­ther pro­mote dig­i­tal trans­for­ma­tion and foster high-qual­ity developmen­t.

A new guide­line dubbed the in­te­grated developmen­t of the next-gen­er­a­tion in­for­ma­tion tech­nol­ogy and the man­u­fac­tur­ing in­dus­try was ap­proved on Tues­day dur­ing the 14th meet­ing of the Cen­tral Com­mit­tee for Deep­en­ing Over­all Re­form.

The meet­ing urged ef­forts to ac­cel­er­ate the in­te­gra­tion of the new in­for­ma­tion tech­nol­ogy and man­u­fac­tur­ing, speed up the in­no­va­tive developmen­t of in­dus­trial in­ter­net, ac­cel­er­ate the fun­da­men­tal trans­for­ma­tion of man­u­fac­tur­ing pro­cesses and en­hance the level of dig­i­tal, net­worked and in­tel­li­gent modes of man­u­fac­tur­ing.

Ex­perts said the in­te­gra­tion of the two sec­tors will help ac­cel­er­ate the com­pre­hen­sive dig­i­tal trans­for­ma­tion of the man­u­fac­tur­ing sec­tor, pro­vide strong im­pe­tus for high-qual­ity eco­nomic developmen­t and sup­port the up­grade of China’s man­u­fac­tur­ing ca­pa­bil­i­ties to the mid- to high-end of the global value chain.

Zhang Li, head of the China Center for In­for­ma­tion In­dus­try Developmen­t, said dig­i­tal trans­for­ma­tion of man­u­fac­tur­ing is cru­cial for coro­n­avirus epi­demic preven­tion and con­trol and the up­grade of China’s man­u­fac­tur­ing in­dus­try.

“It will help fur­ther de­velop the in­dus­trial dig­i­tal econ­omy, op­ti­mize the al­lo­ca­tion of man­u­fac­tur­ing re­sources and raise the to­tal-fac­tor pro­duc­tiv­ity. It will also help ac­cel­er­ate sup­ply-side struc­tural re­form of the man­u­fac­tur­ing sec­tor and foster high-qual­ity developmen­t in the long run,” Zhang said in an ar­ti­cle posted on the WeChat ac­count of the Big Data In­dus­try Al­liance of China.

Zhang cited a white pa­per re­leased by the World Eco­nomic Fo­rum, say­ing man­u­fac­tur­ing en­ter­prises are ex­pected to see positive ef­fects of the dig­i­tal trans­for­ma­tion, with a pre­dicted in­crease in rev­enue of 22.6 per­cent, and a 17.6-per­cent re­duc­tion in costs.

China’s econ­omy is cur­rently tran­si­tion­ing from a phase of rapid developmen­t to a new stage of high-qual­ity developmen­t, with a fo­cus on in­no­va­tion-driven eco­nomic growth and up­grade of the eco­nomic struc­ture. The govern­ment has ini­ti­ated a se­ries of poli­cies on dig­i­tal trans­for­ma­tion to catch up with ad­vanced economies and in­ject new im­pe­tus into the econ­omy.

Miao Wei, min­is­ter of in­dus­try and in­for­ma­tion tech­nol­ogy, said dur­ing a re­cent news con­fer­ence in Bei­jing that the min­istry will con­tin­u­ously en­cour­age the use of next-gen­er­a­tion in­for­ma­tion tech­nol­ogy to sup­port epi­demic preven­tion and con­trol as well as work re­sump­tion and pro­duc­tion. The min­istry will make a big push to sup­port the developmen­t of new tech­nolo­gies such as 5G, ar­ti­fi­cial in­tel­li­gence, in­dus­trial in­ter­net, the in­ter­net of things, in­ter­net of ve­hi­cles, big data and block chain.

Pan Helin, ex­ec­u­tive direc­tor of the Dig­i­tal Econ­omy Acad­emy of the Zhong­nan Uni­ver­sity of Eco­nom­ics and Law in Hubei, said en­ter­prises are play­ing a key role in sup­port­ing the in­te­gra­tion process, and thus the govern­ment needs to trans­form its func­tions.

“The govern­ment needs to of­fer more in­cen­tives to boost en­ter­prise in­no­va­tion, speed up the con­struc­tion of in­fras­truc­ture, cre­ate a bet­ter busi­ness en­vi­ron­ment, ac­cel­er­ate the up­grade of urban in­for­ma­tion in­fras­truc­ture, and at­tract more tal­ent and firms to par­tic­i­pate in the dig­i­tal in­dus­trial con­struc­tion,” Pan said.

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