The 14th five year plan for the development of digital economy was released. On January 12, 2022, the State Council issued the “14th five year” digital economy development plan. The main indicators of the “14th five year” digital economy development are consistent with the previously issued “14th five year” Informatization Plan “and” 14th five year “software and information technology service industry development plan: from 2020 to 2025, the added value of core industries of digital economy will account for 7.8% – 10% of GDP, The number of IPv6 active users has increased from 460-800 million, the number of Gigabit broadband users has increased from 6.4-60 million, the scale of software and information technology service industry has increased from 8.16-14 trillion, the application penetration rate of industrial Internet platform has increased from 14.7% – 45%, the national online retail sales have increased from 11.76-17 trillion, the scale of e-commerce transactions has increased from 37.21-46 trillion, and the scale of real name users of online government services has increased from 400-800 million. At the same time, the plan focuses on innovation in key areas, industrial chain supply chain, data resource potential mining, digital economic system, digital divide and other fields.
Give full play to the role of data elements. The fourth section emphasizes the need to strengthen the supply of high-quality data elements, accelerate the market-oriented circulation of data elements and innovate the development and utilization mechanism of data elements. In the market-oriented circulation of data elements, we should speed up the cultivation of data element market, carry out the experiment of data right confirmation and pricing service, and cultivate and develop data trading platform.
Focus on making up the shortcomings of key technologies, and strengthen the layout of advantageous technologies and cutting-edge technologies for rescue. Vigorously promote industrial digital transformation and digital industrialization. In terms of digital industrialization, it focuses on complementing the shortcomings of key technologies, focusing on breaking through the key core technologies in the fields of high-end chips, operating systems, industrial software, core algorithms and frameworks, and strengthening the integrated R & D of general-purpose processors, cloud computing systems and software key technologies. At the same time, strengthen the layout in 5g, big things cloud movement, blockchain and other fields, and break through integrated technologies such as intelligent manufacturing, digital twins and urban brain. It also focuses on emerging technologies such as quantum communication and next-generation communication technology.
We will strive to strengthen the security system of the digital economy. Section 9 of the plan focuses on strengthening the security system of digital economy, and puts forward three requirements: ① enhance the ability of network security protection, focus on the simultaneous planning, construction and use of security and informatization, strengthen the construction of network security infrastructure, improve emergency response ability, promote the safety and reliability of network security, and strengthen the application of new technologies and applications; ② Improve the level of data security and emphasize the whole life cycle security when mining data value; ③ Effectively prevent all kinds of risks.
Investment suggestions: it is suggested to focus on sectors such as information technology and innovation, network security, industrial Internet, energy informatization and digital government, which are highly related to the construction of digital economy, and focus on Longshine Technology Group Co.Ltd(300682) , Thunder Software Technology Co.Ltd(300496) , Quectel Wireless Solutions Co.Ltd(603236) , Hundsun Technologies Inc(600570) , Yonyou Network Technology Co.Ltd(600588) , Kingdee International, Glodon Company Limited(002410) , Sangfor Technologies Inc(300454) , Beijing Kingsoft Office Software Inc(688111) , 360 Security Technology Inc(601360) , Topsec Technologies Group Inc(002212) , China Reform Health Management And Services Group Co.Ltd(000503) , B-Soft Co.Ltd(300451) , Qi An Xin Technology Group Inc(688561) , Iflytek Co.Ltd(002230) Beijing Supermap Software Co.Ltd(300036) etc.
Risk warning: policy promotion is not as expected; The government budget fell short of expectations.
