Beijing global digital economy benchmarking city construction special press conference held
On February 11, 2022, according to the official wechat of Beijing government, a special press conference on the construction of global digital economy benchmark city in Beijing was held. In August 2021, Beijing proposed to build a benchmark city of global digital economy and released the implementation plan. By December 2021, Beijing had achieved an added value of more than 890 billion yuan in the core industries of digital economy, an increase of 16.4%, accounting for 22.1% of the regional GDP. In particular, the annual operating revenue of software and information service industry reached 2.2 trillion yuan, which doubled in only three years. The press conference made a specific introduction around the six digital economy benchmarking projects in Beijing. It can be seen that the key directions of digital economy are as follows:
Automatic driving: the demonstration area has entered phase 3.0, and the integration of vehicle, road and cloud provides digital infrastructure
The press conference introduced one of the six benchmark Projects – the full scene operation demonstration project of high-level automatic driving in Beijing. According to the actual record of the press conference disclosed by the Beijing government, the construction of intelligent network infrastructure with a total length of 12.1 kilometers of urban roads and 10 kilometers of high-speed roads has been completed in phase 1.0 of the demonstration area. Phase 2.0 construction of the demonstration area focuses on the core area of the economic development zone, covering an area of 60 square kilometers and a total of 305 intersections, so as to realize the full coverage of intelligent Internet connected road infrastructure, and provide a scene of vehicle road cloud integration technology research and development and function verification for high-level automatic driving test vehicles and Internet connected mass production vehicles. At the same time, the construction of phase 3.0 will be started within the year. The demonstration area has issued 225 smart Internet test licenses, and the mileage of participating enterprises in automatic driving test exceeds 3.24 million kilometers. We believe that automatic driving is an important development direction of the digital economy. In addition to the intellectualization of the vehicle side and the improvement of the proportion of software, automatic driving also needs the support of the digital infrastructure of vehicle road cloud integration. Therefore, the road intelligent networking transformation, cloud computing and edge computing construction around automatic driving are expected to become an important investment direction of digital economy.
Digital infrastructure and people’s livelihood are expected to become the focus of digital construction
The other five benchmark projects mentioned in the press conference are: Urban Super Computing Center, urban spatial operating system, Beijing international big data exchange, cross system digital medical demonstration center and digital community construction. We think it can be divided into two categories. One is the infrastructure construction in the era of digital economy, such as the urban Supercomputing Center carrying the function of data storage and computing; Urban spatial operation system carrying the function of urban data governance; A data exchange carrying the function of urban data value exchange. These infrastructure construction is the support of new applications in the era of digital economy. The second category is the digital construction in the field of people’s livelihood, such as medical treatment, community, government affairs and other digital construction, which can not only bring people’s intuitive experience, but also realize the pulling effect on the economy.
Digital economy investment outlook: focus on digital industrialization and industrial digitization
Combined with the main investment direction of the Beijing press conference, we reiterate our vision for the investment direction of Digital Economy: first, focus on digital industrialization, including localization of basic tool chain, construction of information innovation and it infrastructure, data security construction, etc; Second, focus on industrial digitization, including the construction of automobile intelligent networking, intelligent manufacturing, informatization in the field of people’s livelihood, the construction of digital RMB and digital financial industry, aerospace informatization, etc.
Suggested concern
Smart car: Thunder Software Technology Co.Ltd(300496) , Huizhou Desay Sv Automotive Co.Ltd(002920) , Autel Intelligent Technology Corp.Ltd(688208) , Arcsoft Corporation Limited(688088) , Guangting information.
Industrial software: Zwsoft Co.Ltd(Guangzhou)(688083) , Zhejiang Supcon Technology Co.Ltd(688777) , Shanghai Baosight Software Co.Ltd(600845) , dingyang technology, Shanghai Hollywave Electronic System Co.Ltd(688682) .
Artificial intelligence: Iflytek Co.Ltd(002230) , Zhejiang Dahua Technology Co.Ltd(002236) , Hangzhou Hikvision Digital Technology Co.Ltd(002415) , Opt Machine Vision Tech Co.Ltd(688686) , shangtang-w.
Network security: Sangfor Technologies Inc(300454) , Dbappsecurity Co.Ltd(688023) , Venustech Group Inc(002439) , Nsfocus Technologies Group Co.Ltd(300369) , Qi An Xin Technology Group Inc(688561) – U.
Risk tips:
1) the epidemic situation intensifies and reduces the expenditure of enterprise informatization; 2) Fiscal and monetary policies are lower than expected; 3) The fluctuation of supply chain increases, which affects the development of science and technology industry.
