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Recently, the "2023 Annual Meeting" hosted by Phoenix.com and hosted by Phoenix.com Finance was held, with the theme of "Crossing the Cycle and Boosting Confidence", and invited top guests from the political, business and academic circles to comprehensively look forward to the hot topics of the global and Chinese economy in 2024, take the pulse of investment trends, and boost development confidence. Chen Yubo, Secretary of the Party Committee of the School of Economics and Management of Tsinghua University, Coca-Cola Chair Professor of the School of Economics and Management of Tsinghua University, and Director of the Internet Development and Governance Research Center, said that referring to the differences between China and the United States in the development of the digital economy, "The assumption of China's digital economy development is that the four modernizations are synchronized, and the assumption of the United States is that it has entered the Internet after completing industrialization, agricultural modernization and urbanization." ”
He said, "Why do people often say that the Internet giants of Silicon Valley came to China and died miserably, people overseas will think that this is China demonizing us." In fact, the fundamental logic is this, the soil and premise of the development of your digital economy in China are different from those of Silicon Valley. ”
He explained, "The digital economy has brought us unprecedented opportunities, and we may be able to complete the course of one or two hundred years in the developed countries of the West in two or three decades, but we must solve the pain points of the first three modernizations." ”
-- The scale of the digital economy has maintained rapid growth
From 2017 to 2022, the scale of the mainland's digital economy maintained a high growth rate, of which from 2017 to 2018, the growth rate was above 20%, and from 2019 to 2022, the growth rate was above 9%, both higher than the annual GDP growth rate. Overall, in 2022, the scale of the mainland's digital economy will reach 50.2 trillion yuan, and from 2017 to 2022, the compound annual growth rate of the mainland's digital economy will reach 13.04%.
-- The proportion of the digital economy in GDP continues to rise
From 2017 to 2022, the proportion of China's digital economy in GDP continued to rise, from 32.9% in 2017 to 41.5% in 2022, an increase of 9.6 percentage points in five years. Digital industrialization and industrial digitization have played an increasingly important role in the mainland's economic development. In the future, with the continuous development of a new generation of information technology, the proportion of digital economy in GDP may continue to rise.
-- The penetration rate of the digital economy in the tertiary industry has exceeded 40%.
From 2017 to 2022, the penetration rate of the mainland's digital economy in the primary, secondary and tertiary industries continued to increase, among which, the penetration rate of the primary industry is relatively low, only 10.5% as of 2022, and the penetration rate of the tertiary industry is the highest, since 2020, the penetration rate of the digital economy in the tertiary industry has exceeded 40%, and in 2022, it reached 44.7%.
According to the 14th Five-Year Plan for the Development of the Digital Economy, by 2025, the scale of the mainland's digital economy will exceed 60 trillion yuan, and the input-output efficiency of the digital economy will increase to 3.5.
According to the suggestions given by Industry and Information Security, the next development countermeasures of the mainland's digital economy are mainly focused on four aspects: first, it is necessary to strengthen the strategic layout and build digital infrastructure in advance; Second, we should adhere to local conditions and increase support for digital industrialization; Third, it is necessary to strengthen the integration of data and reality, and accelerate the digital transformation of the industry; Fourth, we should focus on inclusiveness and prudence, and improve the capacity and level of digital governance.
Prospective Economist APP Information Group
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