On January 12, the general office of the State Council issued the “14th five year plan” for the development of digital economy (hereinafter referred to as the “plan”), which defined the guiding ideology, basic principles and development objectives for promoting the healthy development of digital economy during the 14th Five Year Plan period. The plan focuses on optimizing and upgrading digital infrastructure, giving full play to the role of data elements, vigorously promoting industrial digital transformation, accelerating digital industrialization, continuously improving the digital level of public services, improving the digital economy governance system, and strengthening the digital economy security system We have effectively expanded international cooperation in the digital economy and deployed the key tasks of China’s digital economy development in the 14th Five Year Plan period. The main concerns are as follows:
First, optimize and upgrade digital infrastructure and consolidate the foundation for the development of digital economy. The plan clearly takes the construction of information network infrastructure, integrated big data center system and intelligent upgrading of infrastructure as an important starting point to promote the development of digital infrastructure, and proposes to promote the construction of new infrastructure such as 5g, 6G, satellite communication network, Internet of things and big data center and the intelligent transformation of integrated industry infrastructure. During the 13th Five Year Plan period, China’s digital infrastructure construction took the lead in the world, and built the world’s largest optical fiber network and 4G network. By June 2021, the number of Internet users was 1.007 billion, and the Internet penetration rate was 71.6%. 961000 5g base stations and more than 400 million 5g terminal connection data had been built, Good digital infrastructure construction has ensured the steady development of China’s digital economy during the 13th Five Year Plan period. At present, the development of digital economy has entered a new stage, which puts forward new requirements for the development of digital infrastructure. First, the high-quality development of digital economy in the future depends on a more high-speed, intelligent, green and secure information network infrastructure; Secondly, the deep integration of digital economy and traditional industries urgently needs to integrate infrastructure, and continue to deepen the level of digitization and intelligence; Finally, how to continuously generate value of Beijing Vastdata Technology Co.Ltd(603138) generated in the development of digital economy needs to further rely on the ability of data storage, processing and use.
Second, give full play to the role of data elements and stimulate the development momentum of digital economy. The plan emphasizes that data elements are the core engine of the deepening development of digital economy and bring strong impetus to the digital development of economy and society. In terms of supply, the plan points out that efforts should be made to ensure the effective mining and utilization of data elements, emphasize the compliance, standardization and security in the process of data collection and processing, promote the formation of a complete and connected data chain in all fields, and establish and improve the national public data resource system; In terms of circulation, the plan points out to speed up the construction of data factor market rules, gradually improve the circulating data factor market from the aspects of data pricing and trading, and create a safe and orderly market environment; In terms of demand, the plan points out that we should establish a diversified data development and utilization mechanism guided by market demand, give full play to the commercial value of data, and promote the full utilization of data elements in various fields and links. Entering the new development stage, the marginal potential of traditional labor and capital factors to economic growth is decreasing, while the characteristics of data elements such as sharing, replication and unlimited supply make them have the attribute of increasing marginal output and return to scale, which has become the key driving force leading economic development.
Third, expand international cooperation in the digital economy and deepen the development of the digital economy. The plan proposes to continuously deepen international cooperation in digital economy from the aspects of accelerating the digital development of trade, promoting the in-depth development of the “digital silk road” and building a good international cooperation environment. For a long time, China has always insisted on strengthening international cooperation in the field of digital economy. Earlier, China put forward the global data security initiative, which proposed to build a community of common destiny in cyberspace that is peaceful, secure, open, cooperative and orderly; In November 2021, China officially applied to join the digital economy partnership agreement (depa), further demonstrating China’s determination to participate in the construction of new rules for international digital trade. Through global cooperation and exchanges in the digital economy, China has continuously provided “Chinese experience” for the development of the global digital economy and the improvement of the governance system. Meanwhile, with the continuous deepening of the form and scope of cooperation, China will give full play to its advantages in the market and application scenarios, promote the high-quality open sharing of digital dividends, and promote the healthy and orderly development of the global digital economy. In addition, the current international environment is complex and China’s economy has many restrictive factors. Promoting the opening, sharing and flow of data elements worldwide, giving play to the “multiplier effect” of data elements and releasing global data dividends are conducive to promoting the high-quality and stable development of China’s economy and reshaping a new pattern of global economic cooperation.
