recently, the state council issued the "14th five-year plan for the development of digital economy" (hereinafter referred to as the "plan"), vigorously promote the digital transformation of industries, accelerate the digital transformation and upgrading of enterprises, and comprehensively deepen the digital transformation of key industries; based on the characteristics and differentiated needs of different industries, we will promote all-round and whole-chain digital transformation of traditional industries and improve total factor productivity. deepen the digital transformation of industry, speed up the cultivation of a number of "specialized and innovative" small and medium-sized enterprises and manufacturing single champion enterprises; we will carry out smart manufacturing projects, vigorously promote the digitization of equipment, carry out special actions to pilot and demonstrate smart manufacturing, and improve the national smart manufacturing standard system. we will vigorously develop digital commerce and accelerate the digital transformation of commerce, logistics, finance and other service industries.
after years of development from digital infrastructure to data elements to digital industrialization and industrial digitalization, digital economy has entered a new stage of deepening application, standardizing development and benefiting all. user products and services, business operation mode, industrial internal pattern, and cooperation between industries will be reconstructed, which is an inevitable trend in the digital wave.
digitalization can not only promote the development of digital economy, but also provide power for the real economy, prevent the economy from shifting from the real to the virtual, improve the efficiency of the development of the real industry, help the transformation and upgrading of the real industry, improve the quality and efficiency, and provide impetus for china's manufacturing industry and other real industries to strengthen the core competitiveness. at the same time, the integration of digital economy and industry will help to strengthen china's industrial chain, realize strong chain complementing chain, enhance the position of china's industry in the global industrial chain, and strengthen the export capacity of china's digital trade.
it should be pointed out that in promoting the digital transformation of industry, the plan emphasizes the role of "specialized and innovative" small and medium-sized enterprises and single champion enterprises in manufacturing industry. the cultivation of such enterprises helps to gather resources and technological advantages in the industry and develop leading enterprises in the industrial industry. and leading enterprises as the main body to drive the digital transformation and upgrading of industrial enterprises will form the following advantages: activating the data element circulation market, promoting the application of data, using data through digital technology to form technological innovation, thus promoting technological progress and productivity improvement. data can only produce value by aggregation, so the importance of leading enterprises in the data element circulation market is worth emphasizing.
in addition, to promote industrial digital transformation, we also need to better play the role of the capital market. through the development of new data market transaction mode, promote the circulation of data elements, and then create value in the aggregation. most critical is to spur the creation of more data start-ups, especially innovative ones that use technology in data algorithms. therefore, the plan also proposes to support eligible digital economy enterprises to access multi-level capital market for financing. according to the plan, the value added of core industries in the digital economy will account for 10 percent of gdp by 2025. at that time, the realization of digital technology's empowerment of the real industry will certainly provide new momentum for building a more advanced digital civilized society and realizing the high-quality development of china's economic industry.
it is worth pointing out that the digital revolution is not only the reform of economic foundation, but also the reform of institutional concept. digital empowerment of the real economy will bring great changes to the development of the entire industry, system design, and regulatory concept. therefore, the reform of digital governance system and digital management system has more revolutionary significance and value. we need to keep pace with the times, boldly explore and push forward.
source: state-owned assets and administration commission of the state council