国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Op-Ed Contributors

Digital technology can boost economic recovery

By Huang Yiping | China Daily Global | Updated: 2024-02-29 08:11
Share
Share - WeChat
LI MIN/CHINA DAILY

China is advocating new productive forces, in which digital economy can play a crucial role.

The direct impact of digital technology was evident during the COVID-19 pandemic, as it facilitated contactless transactions and shifted economic activities from offline to online. For instance, it helped boost e-commerce, food delivery, and remote research and teaching. Indeed, digital technology played a significant role in sustaining economic activities during the pandemic.

In post-pandemic economic recovery, the role of the digital economy has become even more direct, helping people continue e-shopping, and to order food online and participate in online seminars among other things. But more importantly, the digital economy has created "structural opportunities", basically involving long-term growth issues rather than cyclical factors.

How to capitalize on digital opportunities

Can the structural and industrial transformation of the Chinese economy continue at the same pace? What role can the digital economy play in this transformation? And as China's rapidly aging population leads to a decline in labor supply and an increase in the demand for social healthcare, can digital technology, including artificial intelligence, offset the impact of shrinking labor supply?

China is transitioning from a middle-income to a high-income economy, with per capita GDP of about $13,000. A study by Barry Eichengreen, a professor of economics at the University of California, Berkeley, suggests a country's economy typically slows down after rapid development when its per capita GDP reaches $15,000-$16,000. China is already close to that stage.

There have been talks of China being possibly caught in the "middle-income trap". In reality, when China's per capita GDP increases by another $2,000-$3,000, only then it will face the question of whether or not its economy can continue to develop or will stagnate at that level.

The digital economy provides a "structural opportunity" for maintaining growth in that its contribution to the economy's structural significance is greater than its cyclical significance.

Why do national strategic plans frequently emerge in the field of the digital economy? And how to seize the strategic opportunities offered by the digital economy?

From a macro perspective, China is a global leader in the digital economy. For instance, in terms of the scale, market penetration, the number of unicorn companies and innovation in key areas, China consistently ranks second globally.

From a decision-making perspective, the digital economy has brought about comprehensive changes in people's lifestyles, production methods and governance, activating the economy in many aspects. And from the government's perspective, the current challenge lies in achieving long-term growth and how to achieve the second centenary goal of developing "China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful".

The digital economy has made it possible to sustain economic development in the next phase. For instance, "data as a new factor of production" is a pioneering concept. If data are effectively utilized, they can make the entire production process much more efficient. With the same capital, labor, land and technologies, proper data use can improve resource utilization and increase output.

A key reason for the slow economic recovery is the restrictions on the digital economy, including platform enterprises, which has undermined industry confidence. Although the government now proposes to support platform enterprises, the biggest problem is a lack of confidence in industries, which cannot be changed overnight. In fact, to boost industries' confidence and help increase investment, the government needs to issue more sustainable policies and change the economic fundamentals.

Digital industrialization crucial for long-term growth

In the short term, however, the simplest way to boost economic recovery is through macroeconomic policies, including monetary and fiscal policies. For instance, in times of economic weakness, increased government expenditure can stabilize demand in the short term. Stable demand means enterprises will get orders, and will hire people and/or increase investment. This will increase employment, and thus consumption, and boost production and investment.

What are the different roles of digital industrialization and industrial digitization?

Digital industrialization is crucial for long-term growth. The production of computers, internet tools, storage devices and chips, which did not exist in the past, is part of digital industrialization. Its contribution to economic growth is actually in providing solutions to industrial digitalization and supporting system problems.

The application of digital technology to an economy changes the operational characteristics of that economy. This can be described as "three rises and three declines", with the three rises being expanding scale, improving efficiency and enhancing user experience; and the three declines being cutting costs, controlling risks and reducing direct contact.

For example, in the financial sector, a single platform can now provide both payment and credit services to hundreds of millions of users, which traditional financial institutions did not provide in the past.

The most typical example of digital finance is the original Yu'ebao, which pooled tens or hundreds of yuan from every user and became the largest investment fund in the country. It is because of digital technology that many things which were previously not possible can now be done. As such, digital technology offers many possibilities for transforming traditional industries.

An economy needs the cooperation of the market and the government to function smoothly. No economy can thrive by relying on just one of them. The point of contention lies in what role the government should play and how much space the market has to maneuver.

When it comes to developing the digital economy, private enterprises are likely to play the biggest role, not least because private enterprises mostly rely on market mechanisms for their operation even though the government plays a crucial role in their success.

First, the government maintains the market order, which is essential for private enterprises' smooth functioning.

Second, the government has invested huge amounts in building and maintaining infrastructure, without which the digital economy cannot survive, let alone thrive. For instance, State-owned enterprises are behind the high internet penetration rate and digital network infrastructure. The development of digital technology, digital industries and the digital economy is not possible without the internet and internet networks.

And third, apart from supporting major investments, the government should create an environment to support original innovations. Although more than 70 percent of China's innovations can be traced to private enterprises, there are still many innovations that require public research institutions and universities.

How can entrepreneurs overcome the economic recovery challenges in the short term? How can they seize the structural opportunities created by the digital economy?

In the banking industry's digitalization process, we can see the "Matthew effect"-larger-scale enterprises that have invested a lot of resources, manpower and materials in digital transformation can expect better development outcomes. Some smaller-scale banks, too, have attempted digital transformation, but their efficiency has not significantly improved and their returns have remained minimal. Every enterprise needs to find its way of digital transformation.

Moreover, entrepreneurs need to make clear the vital pain points their enterprises face, and strive to solve such issues as much as possible. Addressing the above problems does not mean that entrepreneurs should lose their strategic vision. As long as the application of digital technology can improve operational efficiency, it will yield returns and be sustainable in the long term.

The digitalization trend is irreversible. And although everyone needs to participate in it, they should find the most suitable business endeavor for their enterprises and ensure they function well.

The author is dean of the National School of Development at Peking University.

If you have a specific expertise, or would like to share your thought about our stories, then send us your writings at opinion@chinadaily.com.cn, and comment@chinadaily.com.cn.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
丝袜诱惑亚洲看片| 欧美日本中文字幕| 日韩视频免费观看高清完整版| 日韩人在线观看| 午夜天堂影视香蕉久久| 亚洲日本一区二区三区| 国产欧美一区二区精品婷婷| jiyouzz国产精品久久| 国产精品香蕉一区二区三区| 日本91福利区| 久久av一区| 国产精品综合色区在线观看| 欧美日韩精品免费观看视频完整| 91久久国产| 久久久影院免费| 精品一区二区三区中文字幕老牛 | 自拍视频在线看| 欧美老少配视频| 中文字幕在线精品| 在线精品国产欧美| 91麻豆产精品久久久久久 | 久久一综合视频| 亚洲视频1区| 一本久久综合| 亚洲中字黄色| 久久亚洲风情| 秋霞午夜av一区二区三区| 日韩—二三区免费观看av| 丝袜美腿亚洲色图| 美女国产一区二区| 国产自产v一区二区三区c| 激情五月播播久久久精品| 国产真实乱子伦精品视频| 国产精品主播直播| 成人免费视频app| 99国产精品久久| 国产欧美综合在线观看第十页| 国产女同互慰高潮91漫画| 国产精品网站在线观看| 1区2区3区精品视频| 一区二区欧美国产| 婷婷国产在线综合| 欧美午夜一区二区三区免费大片| 欧美日韩免费不卡视频一区二区三区| 欧美精品乱码久久久久久按摩| 91精品国产欧美一区二区18| 精品欧美久久久| 精品一区电影国产| 希岛爱理av一区二区三区| 成人黄色在线| 国产亚洲精aa在线看| 超碰精品在线| 欧美精品尤物在线观看| 亚洲视频在线免费| 国产日韩一区二区三区在线播放| 日韩激情在线观看| 国产一区二区三区免费看| 成人动漫一区二区三区| 国产性做久久久久久| 蜜臀久久99精品久久久画质超高清| 日韩高清国产一区在线| 国产一区激情在线| 91性感美女视频| 最新中文字幕一区二区三区| 香蕉成人伊视频在线观看| 欧美色综合网站| 精品乱人伦小说| 中文字幕国产亚洲| 97久久精品在线| 国内精品麻豆| 免费看美剧网站| 日本成本人片免费观看| 草碰在线视频| 极品在线视频| 国产日本在线观看| 久久精品国产69国产精品亚洲 | 99久久99久久精品免费观看| 久久久久久97三级| 亚洲一区在线视频观看| 91国产成人在线| 亚洲大尺度美女在线| 精品国产欧美成人夜夜嗨| 亚洲免费网站观看视频| 樱花草www在线观看| 爱爱免费视频网站| 日本中文字幕一区二区有码在线 | 欧美三区四区| 国产96在线亚洲| 久久精品青草| 蜜臂av日日欢夜夜爽一区| 国产伦精品一区二区三区免费| 久久久欧美精品sm网站| 亚洲大片精品永久免费| 制服丝袜激情欧洲亚洲| 伊人久久综合97精品| 一区二区免费播放| h视频在线看| 毛片在线播放网址| 在线播放色视频| 黄页视频在线播放| 欧美va视频| 精品一区三区| 午夜在线精品偷拍| 99国产精品99久久久久久| 一区二区三区在线免费播放| 欧美日本韩国一区| 在线视频中文亚洲| 欧美videos另类| 一二三区高清| 七七久久电影网| 亚洲日本视频在线| 欧美日韩国产亚洲一区| 国产一本一道久久香蕉| 亚洲视频你懂的| 欧美一区二区日韩一区二区| 久久色精品视频| www.91av视频.com| 一级毛片在线观| 成人香蕉视频| 欧洲毛片在线视频免费观看| 日本不卡高清视频| 国产精品毛片久久久久久| 欧洲一区二区三区免费视频| 在线日韩精品视频| 欧美黑人性受xxxx喷水| 宅男视频免费在线观看视频| 丁香高清在线观看完整电影视频| 91精品尤物| aⅴ色国产欧美| 91欧美一区二区| 色网站国产精品| 最近中文字幕mv在线一区二区三区四区 | 精品中文字幕一区二区三区四区 | 日韩大片b站免费观看直播| av高清不卡| 日韩电影一区| 国产精品18久久久久| 亚洲成人一区在线| 亚洲欧美国产制服动漫| 网曝门事件国产精品二区| 桃乃木香奈av在线| 激情开心成人网| 午夜国产一区二区| 波多野洁衣一区| 在线观看av一区| 欧美另类交人妖| 天天碰夜夜操| av中文字幕在线看| japanese国产精品| 国产成人欧美日韩在线电影| 精品日韩中文字幕| 日韩中文字幕视频| www.jizz在线观看| 四虎亚洲成人| 国产传媒欧美日韩成人精品大片| 国产在线国偷精品免费看| 婷婷久久综合九色国产成人 | 1769视频在线播放免费观看| 老司机亚洲精品一区二区| 亚洲欧美高清| 亚洲欧洲综合另类在线| 日韩麻豆第一页| 国产成人精品18| 免费看美女视频在线网站| 久久亚洲黄色| 韩国成人福利片在线播放| 天天综合色天天综合| 深夜福利91大全| eeuss影院www影院| 麻豆mv在线观看| 一区二区影视| 国产精品素人一区二区| 亚洲国产高潮在线观看| 国产麻豆高清视频在线第一页| 国产黄色片在线播放| 136福利精品导航| 蜜桃传媒麻豆第一区在线观看| 天天综合网 天天综合色| 久久艳片www.17c.com| 男女羞羞视频教学| 国产精品亚洲d| 国产精品夜夜夜| 伊人婷婷欧美激情| 爱福利视频一区| 女人体1963| 亚洲精品777| 免费人成在线不卡| 色噜噜狠狠色综合欧洲selulu| 久久久久久久久国产精品| 中文字幕高清在线观看| 午夜久久av| 国产精一区二区三区| 欧美日韩国产一区| 欧美疯狂爱爱xxxxbbbb| 18videosex性欧美麻豆| 婷婷亚洲综合| 国产精品久久久久久久久晋中| 亚洲天堂男人的天堂| 免费av观看网站| avav成人| 日本麻豆一区二区三区视频| 色偷偷一区二区三区| 青青草社区视频| av电影在线观看一区二区三区| 久久悠悠精品综合网| 成人午夜碰碰视频| 亚洲第一页在线| 黄色小视频在线看| 欧美日韩国产一级片| 亚洲欧美成人在线| 免费高清成人| av日韩在线免费观看| 国模娜娜一区二区三区| 91精品欧美综合在线观看最新| 精品国产高清自在线一区二区三区 | 在线一级观看| 台湾佬综合网| 国产性做久久久久久| 伊人伊成久久人综合网小说 | 久久国产成人精品| 亚洲欧洲国产日韩| 欧美精品一区二区免费| 一级二级在线观看| 久久99国产精品视频| 中文字幕第一区综合| 中文字幕亚洲欧美日韩高清| 宅男深夜国产| 日韩欧美ww| 欧美国产激情一区二区三区蜜月| 最新国产成人av网站网址麻豆| 屁屁影院在线观看| 伊人成综合网伊人222| 国产欧美日韩精品一区| 日韩一区视频在线| 青青草在线免费观看| 欧美三级三级| 亚洲精品自拍动漫在线| 国模精品视频一区二区| 精产国品自在线www| 国产精品theporn| 欧美日韩午夜剧场| 性欧美xxx极品另类| 男人天堂视频在线观看| 久久成人羞羞网站| 精品国产欧美一区二区| wwwcom羞羞网站| 澳门久久精品| 欧美韩国日本不卡| 国产videos久久| av成人免费在线观看| 亚洲午夜女主播在线直播| 一二三四社区在线视频| 精品国产精品国产偷麻豆| 亚洲视频一二区| 1069视频| 高端美女服务在线视频播放| 久久国内精品视频| 日韩高清免费观看| 在线免费看黄色| 欧美电影《睫毛膏》| 午夜精品福利一区二区蜜股av| 日韩国产成人| 国产精品videossex撒尿| 高清不卡一二三区| 中文字幕日韩有码| av福利在线播放| 亚洲女同同性videoxma| 欧美一级高清大全免费观看| 黄色成人羞羞视频| 九九免费精品视频在线观看| 樱桃国产成人精品视频| 欧美人善交videosg| 欧洲av一区二区| 91亚洲精品久久久蜜桃| 欧美乱大交xxxxx另类电影| 国产高清一区二区三区视频 | 欧美一区二区福利在线| v888av成人| 九九亚洲视频| 午夜欧美视频在线观看| 国产麻豆高清视频在线第一页 | 色综合欧美在线| 天堂视频在线免费观看| 中文字幕视频精品一区二区三区| 国产欧美一区二区在线| 国内久久久精品| 涩涩av在线| 北条麻妃一区二区三区| 欧美日韩第一视频| 91在线三级| 国产v综合v亚洲欧| 欧美寡妇偷汉性猛交| 草草在线视频| 成人av在线一区二区三区| 色在人av网站天堂精品| 精品三级久久| 99视频一区二区| 国自产精品手机在线观看视频| 欧美亚洲日本精品| 99国产精品一区| 欧美一级淫片aaaaaaa视频| 91精品影视| 国产欧美综合色| 欧美日韩亚洲国内综合网俺| 国产精品1区在线| 亚洲美女淫视频| 91深夜福利| 性欧美xxxx免费岛国不卡电影| 精品久久久一区二区| xxx在线视频| 久久国产电影| 这里是久久伊人| 天堂资源最新在线| 久久精品一区二区国产| 亚洲香蕉成人av网站在线观看| 日本在线免费| 国内不卡的二区三区中文字幕| 麻豆成人在线看| 亚洲永久av| 国产精品人妖ts系列视频| 久草视频国产| 欧美五码在线| 在线亚洲欧美专区二区| 亚洲伦理电影| 一本一本久久| 国产一区二区三区毛片| 欧美高清另类hdvideosexjaⅴ | 欧美高清性猛交| 99九九久久| 亚洲欧美日韩中文字幕一区二区三区| 97久精品国产片一区二区三区| 亚洲免费专区| 欧美日本在线一区| 手机福利小视频在线播放| 日韩电影在线免费观看| 精品国产一区二区三区四区在线观看 | 成人在线综合网站| 成年男人的天堂| 网站一区二区| 在线观看视频91| 伊人色综合久久| 美女看a上一区| 久久免费观看视频| 国产一区二区| 欧美性69xxxx肥| 最近最新中文字幕在线| 日韩电影在线免费| 久久久久久久久久亚洲| 精品国产三区在线| 色综合天天做天天爱| 最全影音av资源中文字幕在线| 日本欧美在线观看| 欧美精品久久久久a| 国产美女精品视频免费播放软件 | 人人草人人干| 亚洲精品国产首次亮相| 日韩精品www| 成入视频在线观看| 自拍偷拍国产精品| 九九99九九精彩| 性高湖久久久久久久久| 欧美xxxx做受欧美.88| 日韩深夜福利网站| 欧美日韩中文字幕在线| 一区二区三区性视频| 国产伦理精品不卡| 日本久久国产| 日韩精品诱惑一区?区三区| 亚洲国产毛片完整版| 91超碰在线免费| 亚洲欧美日韩中文播放 | 欧美一级日韩免费不卡| 免费黄色网页在线观看| 久久夜色精品国产欧美乱极品| 一个人看免费www视频有多爽| 亚洲老妇激情| 色噜噜狠狠狠综合曰曰曰| 国产成人午夜性a一级毛片| 激情懂色av一区av二区av| 在线欧美成人| 成人美女视频在线观看18| 国产剧情av片巨作醉酒女邻居| 亚洲国产精品久久久久蝴蝶传媒| 一区二区三区视频免费| 国产麻豆一区| 欧美视频在线观看一区二区| www亚洲人| 国产欧美视频在线观看| 蜜桃av麻豆av天美av免费| 丝袜a∨在线一区二区三区不卡| 91成人在线播放| 国产一区二区三区电影在线观看| 日韩精品福利网站| 91亚洲视频| 欧美日韩mp4| 婷婷av在线| 亚洲一区二区三区中文字幕在线| 在线观看av每日更新免费| 成人免费毛片a| 九色蝌蚪在线视频|