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2021 | Book

Connotation and Characteristics of the Digital Economy Read chapter Read first chapter

The Chinese Digital Economy

Authors: Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei

Publisher: Springer Singapore

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

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About this book

This book points out that “Internet” is the means, and the digital economy is the result. Therefore, the development of digital economy will inevitably have a profound impact on traditional enterprises and Internet enterprises and become the main way and new driving force for China's innovation and growth.

The book starts with the concept of digital economy and reveals the current development of digital economy, how to improve the foundation of digital construction, and the strategies for accelerating digital transformation of various industries, the problems that need to be solved in the development of digital economy and the huge role it will play in promoting society. The book provides a clear blueprint for the government and enterprises to understand and formulate policies and development strategies in the era of digital economy.

Table of Contents

Frontmatter

Theories: Digital Economy, a New Form of Economy and a New Driver for Growth

Frontmatter
Chapter 1. Connotation and Characteristics of the Digital Economy
Abstract
The Report on the Work of the Government (2017) restated that we will push forward the in-depth development of “Internet Plus” and explicitly stated the requirement of accelerating the growth of the digital economy for the first time. The development from the Internet to “Internet Plus” and then to the digital economy is a continuous process that advances with the times. The Internet represents emerging technologies and advanced productive forces. “Internet Plus,” a burst of value as the result of the Internet upgrading, invigorating, innovating, and empowering other industries, highlights connectivity. However, the digital economy presents the outputs and benefits generated after achieving universal connection.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 2. Digital Economy as a New Driver for Growth
Abstract
The G20 Digital Economy Development and Cooperation Initiative points out that the digital economy, an ever-increasingly important driver for global economic growth, is experiencing its rapid growth and fast innovation. The digital economy is playing a vital role in accelerating economic development, increasing the labor productivity in the existing industries, cultivating new markets and new growth drivers in industries, and achieving inclusive growth and sustainable development.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei

Basics: Improving Digital Infrastructure to Facilitate Economic Prosperity

Frontmatter
Chapter 3. Accelerate the Construction of Digitalized Infrastructure
Abstract
The construction of digitalized infrastructure is vital to the development of the digital economy. The infrastructure here covers not only traditional information infrastructure, such as high-speed broadband Internet, Internet Protocol (IP) addresses, and domain names, but also the digitalization of traditional infrastructure, such as railways, highways, water transportation, and electric power.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 4. Make Efforts to Improve the Digital Literacy
Abstract
The concept of “digital literacy” was first proposed in 1997 by Paul Gilster, a famous scholar. He believes that digital literacy mainly encompasses the ability to acquire, understand and integrate digital information—specifically, skills such as searching the internet, navigating hypertext, and evaluating and assembling digital information. This effectively distinguishes digital literacy from the ability to read and write traditional print media.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 5. Boost the Internet and Information Technology Industry to Develop Vigorously
Abstract
As the foundation for the development of the digital economy, the Internet and information technology industry is a relatively broad concept. At present, it provides the technical conditions and industrial foundation for the development of the digital economy, with technologies including the Internet, big data, cloud computing, artificial intelligence, and blockchain being hot spots of its development.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei

Industries: Unleashing Digital Dividends to Promote Transformation and Upgrading

Frontmatter
Chapter 6. Vigorously Promoting Digital Transformation in Manufacturing
Abstract
The manufacturing industry is the framework and pillar of the real economy. It is also the main battlefield for revitalizing the real economy. With the advancement of “Internet Plus,” the in-depth integration of digital technologies into manufacturing has become an unstoppable trend. Vigorously promoting the digital transformation of the manufacturing industry is helpful to economic transformation and upgrading, and helps to foster new drivers for economic growth.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 7. Vigorously Promoting the Digital Transformation of the Real Economy
Abstract
Agriculture is one of the oldest industries. With relatively primitive production methods, there is an urgent need to seize the opportunities brought about by the digital revolution and accelerate the development of modern agriculture.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 8. Vigorously Promoting Digital Transformation in Public Services
Abstract
Digital technology not only promotes the transformation and upgrading of traditional industries such as manufacturing, agriculture, and retail, but also accelerates and empowers the transformation of public service industries with high barriers to entry, such as education, healthcare, and transportation, to improve people’s livelihood.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 9. Vigorously Promoting Digital Transformation in Finance
Abstract
Finance is a data-intensive industry. From the early use of punched cards to assist data processing to the use of computers to achieve computerized accounting, and from the use of mainframes for integrated business processing to the use of the internet to develop various new business models, financial institutions have been the most active in the application of information technology in the course of their development.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei

Suggestions: Actively Responding to Revolutions in the Digital Economy

Frontmatter
Chapter 10. Development of the Digital Economy: Problems and Countermeasures
Abstract
According to the experience of foreign countries and the practice of China, the following potential problems and risks require attention during the development of the digital economy.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 11. How Enterprises Go About Digital Transformation
Abstract
In the digital era, all organizations must actively engage in digital transformation. This is the process from adapting to relying on digital technology and gradually forming digital thinking. It is a complete evolution of the organizations and an important part of modernizing social governance. Within the process, the most important type of organization is enterprises.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Chapter 12. How Governments Go About Digital Transformation
Abstract
Digital technologies have not only revamped the business arena but have also promoted digitalization in government services and governance. The digitalization of government has continually advanced, from the early days when information technology was used to support government work to extensive IT-based restructuring on a large scale, and then again to the comprehensive digitalization of both frontend and backend government work. In recent years, with developments in mobile technologies and smart technologies, some governments have also begun to actively promote smart mobile services.
Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Backmatter
Metadata
Title
The Chinese Digital Economy
Authors
Ma Huateng
Meng Zhaoli
Yan Deli
Wang Hualei
Copyright Year
2021
Publisher
Springer Singapore
Electronic ISBN
978-981-336-005-1
Print ISBN
978-981-336-004-4
DOI
https://doi.org/10.1007/978-981-33-6005-1