The policy attaches importance to the development of digital government, which is expected to give rise to high prosperity in subdivided fields. The 14th five year plan for digital economy clearly proposes to strengthen the overall planning of government information construction and strengthen the construction of government digital governance and service capacity. In the 2021 government work report, it is proposed to strengthen the construction of digital government and promote government data sharing. On April 19, the Central Committee for comprehensively deepening reform held its 25th meeting and deliberated and adopted the guiding opinions on strengthening the construction of digital government Xi Jinping General Secretary emphasized the wide application of digital technology in government management services to promote the digital and intelligent operation of the government. We believe that the government is the leader in China’s development of digital economy. On the one hand, the construction of digital government will bring considerable market increment, and the prosperity of subdivided fields is expected to improve. On the other hand, it will also inject a booster into the construction of digital economy and form synergy with various digital economy subjects.
From e-government to digital government, the government actively guides the development of digital economy. According to the degree of digitization, government digitization can be divided into three stages: 1) e-government (20 Huangshan Novel Co.Ltd(002014) ), with government websites and social media as the main media, focusing on information release and government people interaction; 2) Internet plus government affairs (20152018), to achieve cross regional and cross departmental data interaction and integration, and promote e-government online to service online; 3) In the digital government stage (2019 to now), advanced digital technologies such as big data, cloud computing and AI are used in government services to build a collaborative and efficient government digital performance system. Digital government and digital economy construction are highly linked. On the one hand, digital infrastructure provides support for government digital transformation; On the other hand, digital government provides guidance for the construction of digital economy and speeds up the combination of digitization and industry. With the development of digital government construction, relevant markets are expected to be further opened. IDC predicts that the market scale of IT solutions in digital government is expected to reach 24.9 billion yuan in 2024 and 16% CAGR in five years.
There is great potential for digitalization in many fields. Open the digital government market space government cloud in an all-round way, build a government data center, and realize information collaboration and data standard unification. It is suggested to pay attention to: Inspur Electronic Information Industry Co.Ltd(000977) , Yonyou Network Technology Co.Ltd(600588) , etc. Taxation: use the mobile government service platform to realize the online services and business handling of residents and enterprises. It is suggested to pay attention to: Tax friend network, China National Software And Service Company Limited(600536) etc. Traffic: realize real-time perception and connection tracking by using 5g, Internet of things and AI technologies, and build an urban brain to scientifically dispatch traffic resources. It is suggested to pay attention to: Pci Technology Group Co.Ltd(600728) , China Transinfo Technology Co.Ltd(002373) , etc.
Human resources and social justice uses big data technology to collect and clean data, form thematic databases such as population database and legal person database, and realize efficient data exchange. It is suggested to pay attention to: Beijing Thunisoft Co.Ltd(300271) , Shanghai Golden Bridge Infotech Co.Ltd(603918) , etc.
Investment advice
Fintech and Xinchuang: Grg Banking Equipment Co.Ltd(002152) , Yusys Technologies Co.Ltd(300674) , Hundsun Technologies Inc(600570) , Inspur Electronic Information Industry Co.Ltd(000977) .
Smart car: Thunder Software Technology Co.Ltd(300496) , Arcsoft Corporation Limited(688088) , Huizhou Desay Sv Automotive Co.Ltd(002920) , Autel Intelligent Technology Corp.Ltd(688208) , China Transinfo Technology Co.Ltd(002373) .
Electric power informatization: Longshine Technology Group Co.Ltd(300682) , Ygsoft Inc(002063) , China Southern Power Grid technology, Zhiyang Innovation Technology Co.Ltd(688191) .
Network security: Qi An Xin Technology Group Inc(688561) , Sangfor Technologies Inc(300454) , Topsec Technologies Group Inc(002212) , Dbappsecurity Co.Ltd(688023) , Venustech Group Inc(002439) .
Artificial intelligence: Pci Technology Group Co.Ltd(600728) , Iflytek Co.Ltd(002230) , Zhejiang Dahua Technology Co.Ltd(002236) , Hangzhou Hikvision Digital Technology Co.Ltd(002415) , Opt Machine Vision Tech Co.Ltd(688686) .
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.
