Dongguan Feito Industrial Technology Co., Ltd.

Dongguan Feito Industrial Technology Co., Ltd.

“Counting East and counting West” from the perspective of “the Belt and Road”

"Counting East and counting West" from the perspective of "the Belt and Road"

 

As the world’s second largest economy, China’s major policies and measures in the economic field will have spillover effects and have an impact on the region and even the world economy. Especially at a time when the epidemic is still spreading and the world economy is recovering slowly, China’s every move has attracted much attention. For example, China’s recent project of “counting the east and counting the west” has sparked constant discussions in the media of various countries. Therefore, on the basis of studying how to promote the “East and West” project to promote domestic economic development, it is also necessary to study its impact on the world’s digital economic pattern as soon as possible, and it may bring new changes to the “Belt and Road” construction.

Undoubtedly, there is huge room for China’s digital economy development dividend to be transformed into the “Belt and Road” digital dividend. Data show that last year, the scale of China’s digital economy reached 39.2 trillion yuan, accounting for 38.6% of GDP, a nominal increase of 9.7% year-on-year, while this indicator was only 14.2% in 2005. It is predicted that by 2023, 51.3% of China’s GDP will be directly or indirectly related to the output of the digital economy, which means that the digital economy has become the core key force driving economic growth. This is especially true in the field of “One Belt, One Road” construction. Chinese digital economy enterprises continue to expand their layout in “One Belt And One Road”, and cross-border e-commerce has become an important force leading the trade development between China and countries and regions along the “One Belt One Road”. In this context, China’s promotion of the “East and West” project will definitely have a profound impact on the “Belt and Road” digital economic cooperation.

The first is to further empower regional coordinated development and promote the flow of data elements. Since the “Belt and Road” initiative was put forward, the central and western regions have taken active actions to promote the joint construction of the “Belt and Road” in various forms, and have achieved certain results. Whether it is the construction of major open channels such as the China-Europe Railway Express, or the construction of open platforms such as the Pilot Free Trade Zone, the western region of China, which is far from the ocean, has gradually become the frontier of opening up to the outside world. In addition, the “Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Construction of a National Unified Large Market” issued recently proposed: “Accelerate the cultivation of a unified technology and data market. Establish and improve a national technology trading market, improve intellectual property evaluation and trading mechanisms, and promote technology transactions in various regions. Market interconnection. Improve the scientific and technological resource sharing service system, encourage the exchange and interaction of scientific and technological information between different regions, promote the opening and sharing of major scientific research infrastructure and equipment, and increase international cooperation in the field of science and technology. Accelerate the cultivation of the data element market, and establish and improve data security. , rights protection, cross-border transmission management, transaction circulation, open sharing, security certification and other basic systems and standards, conduct in-depth data resource investigations, and promote the development and utilization of data resources.”

That is to say, at a time when the wave of digital economy is sweeping the world, promoting the “East and West” project can not only make better use of the climate, energy, land and other advantages of the western region, but also bring benefits to the western region. The talents and funds required for the development of the digital economy will open up the blockages and pain points of the flow of domestic and international market factors, so that the western region can have a more open and trendy economic development concept, form industrial clusters related to the digital economy, and integrate with the local real economy. , to empower the high-quality development of the western region and provide impetus to accelerate the construction of a new development pattern.

The second is to provide infrastructure for the construction of the “Digital Silk Road”. After years of construction, the “Belt and Road” has become a public product that is widely welcomed around the world, and a huge open network has also been formed. On this huge network, what can be seen are the China-Europe trains, freighters, planes and all kinds of goods loaded on these means of transport, but what cannot be seen is a large amount of circulating funds, technologies, services and constantly updated data. Data flow supports global activities such as goods, services, capital, and logistics, and has become an important force in promoting economic globalization. Digital trade is also surpassing traditional trade and becoming a new engine of international trade. This means that processing these data will enable economic activity and promote better economic development. Research shows that from 2009 to 2018, the contribution of global data cross-border flow to global economic growth was as high as 10.1%.

Just as goods need to be transshipped, stored and processed, a large amount of data also needs to be stored and processed. The “East and West” project can meet these needs. Promoting the “East Number and West Calculation” project can enhance the ability of China, especially the western region to attract global resource elements, based on the huge network advantages obtained by the construction of the “Belt and Road”, so as to convert a large amount of data into rich mines that can be mined, and process the data. The ability is transformed into a new competitive development advantage, and the western region is built into the “server” of the “Digital Silk Road”, and the construction of the “Digital Silk Road” is continuously promoted.

The third is to set up a development model for countries and regions along the “Belt and Road”. Most of these countries and regions are relatively backward in economic development, but the booming digital economy gives them new hope. Some experts estimate that for every 1 yuan invested in computing power, about 4 yuan of direct or indirect economic returns can be obtained. To a certain extent, the development of the digital economy requires changes in the development concept and development logic on the one hand, that is, the development concept has changed from a single competition in the past to a more diverse competition and cooperation, and the development logic should also be transformed from a “zero-sum game” It is an “open link”; on the other hand, in addition to infrastructure construction, the development of the digital economy also requires various elements such as talents, capital, and technology.

The “East and West” project provides samples for countries and regions along the “Belt and Road”, and some of these countries have similar endowments in terms of climate, energy, and land to those in western China. The digital divide” has a high reference value. At the same time, Chinese enterprises can actively grasp the digital infrastructure construction needs of countries and regions along the “Belt and Road”, and help them improve their data processing capabilities while promoting the international development of Chinese enterprises.

At present, the “Digital Silk Road” is becoming an important force to promote a new type of globalization. On the basis of focusing on promoting the “East and West” project and continuously promoting the connection of the “Belt and Road” digital infrastructure, China should actively promote the construction and development of the “Belt and Road” digital economy rules, actively participate in the negotiation of international economic and trade rules, and maintain multilateral system, and strive to build a framework of digital governance rules for the “Belt and Road”, thereby contributing new forces to the construction of a new pattern of open world economy.

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