With the help of the Internet, the average income of a pair of customers in Guiyang city is about 10000 yuan. In more than 200 cities in China, the number of flash workers has exceeded 900000, and nearly one third of them come from poor areas.
This is a microcosm of the development of China's digital economy. Over the past decade, China's digital economy has continued to expand, creating a large number of jobs. Among the nine new occupations released by Chinese authorities recently, four of them are closely related to the digital economy: blockchain engineers and technicians, Internet marketers, information security testers, and online learning service providers. This will not only help to further open up new employment space, but also create new growth points for China's economic development.
According to the latest white paper on the development of China's digital economy issued by the China Academy of information and communications, the added value of China's digital economy will reach 35.8 trillion yuan in 2019, and the proportion of the digital economy in GDP will reach 36.2%, compared with 14.2% in 2005. It is worth mentioning that in 2019, the contribution rate of digital economy to GDP growth will reach 67.7%, becoming the core and key force driving China's economic growth.
Among them, the development of digital economy in the field of service industry is leading, especially the rapid development of e-commerce, sharing economy and other service industries, which contributes greatly to the growth of digital economy. In 2019, China's physical online retail sales reached 8.5 trillion yuan, an increase of 19.5% over the previous year, accounting for 20.7% of the total retail sales of consumer goods, an increase of 2.3 percentage points over the previous year.
At present, China's digital economy is entering a new stage in which the scope of integration with the real economy is constantly expanding, the degree is deepening, and the structure is constantly optimizing. The digital economy is reshaping the development ecology of various fields of China's economy, promoting the development of all walks of life, including manufacturing, agriculture, transportation, education, medical care, etc., to digital, networked and intelligent, and effectively promote the high-quality development of China's economy.
The reason why the digital economy can grow rapidly in China is, first of all, because of the huge market volume and huge potential in China. By March 2020, the number of Internet users in China has reached 904 million, and the Internet penetration rate has reached 64.5%. In particular, a considerable number of young Internet users have become a solid user base for the development of digital economy, creating conditions for the rapid commercial application of digital business model. Now in China, with the popularity of mobile payment and the vigorous development of various e-commerce platforms, "move your finger, buy all over the world" and "one click order, home food" has become the daily life of many Chinese people. According to the payment system report for 2019 issued by the people's Bank of China, China's mobile payment business volume reached 101.431 billion in this year, with an amount of 347.11 trillion yuan, an increase of 67.57% and 25.13% respectively on a year-on-year basis.
China's huge Internet user base stimulates domestic and foreign technology enterprises to constantly test new technologies and new products. For example, bike sharing has become a solution for people in many cities to solve the "last mile"; the "live with goods" mode has become an important channel for Chinese young people to shop online; a Chinese online car Hailing company has recently launched an automatic driving experience service for the public New technologies and new formats are being spawned in China, a big market full of vigor and vitality, making China a huge testing ground of digital economy.
We should also see that digital industrialization, including 5g, big data, cloud computing and blockchain, has built a basic platform for the digital economy to "dance" in China. In 2019, the scale of added value of China's digital industrialization will reach 7.1 trillion yuan, with a nominal growth of 11.1% over the same period last year. At present, more than 400 innovative applications of 5g have been carried out in China, involving industry, transportation, medical and other industries. According to the report released by the China Institute of information and communications, 5g will drive the growth of China's digital economy by 15.2 trillion yuan from 2020 to 2025.
At the same time, a series of measures taken by the Chinese government to promote development through innovation in recent years have provided strong macro policy support for the digital economy. In December 2019, the economic work conference of the CPC Central Committee clearly proposed to vigorously develop the digital economy. China entered the novel coronavirus pneumonia epidemic in 2020. Digital technology, digital industry and digital services played an important role. The rapid development of the digital economy has largely hedged the negative impact of the epidemic. At present, China has launched a large-scale "new infrastructure" plan, and China's major science and technology enterprises have joined the current upsurge of data center construction. On the 3rd of this month, Tencent officially opened a data center in Guangdong. The cluster of the center is planned to accommodate more than 1 million servers, which is the largest new infrastructure project in South China so far.
It can be predicted that in the post epidemic era, digital economy will continue to be the key force driving China's economic growth. And the development story of China's digital economy may also provide reference for the recovery of the world economy seriously impacted by the epidemic. As pointed out by John Watson, global senior managing partner of McKinsey and President of McKinsey Global Research Institute, China is rewriting the global digital pattern and providing support and inspiration for overseas start-ups, which is likely to become a leading force in global digital development in the next few years.
