Title: Government Work Report Emphasizes Accelerating Development of the Digital Economy
The recent government work report for this year highlights the importance of promoting the construction of a modern industrial system and accelerating the development of new productive forces, with a particular focus on further promoting the innovative development of the digital economy. The report emphasizes the formulation of policies to support the high-quality development of the digital economy, promoting digital industrialization and industrial digitization, and deepening the integration of digital technology with the real economy.
The digital economy has become a significant force supporting the development of new productive forces, with rapid growth in China. The scale of the country’s digital economy is expected to reach 50.2 trillion yuan in 2022, accounting for 41.5% of GDP. It is projected to further increase to 56.1 trillion yuan in 2023.
Artificial intelligence has emerged as a crucial engine for the digital economy, with advancements in generative artificial intelligence (AIGC) leading to its widespread integration into various industries. This integration has resulted in cost reduction, quality improvement, and efficiency enhancement across different sectors, from agriculture to manufacturing.
Looking ahead, the application of artificial intelligence is expected to experience explosive growth, with IDC predicting over 500 million new applications globally by 2024. The development of AIGC products and ecosystems will also promote inclusivity and lower the commercialization threshold for individual creators and developers, allowing more people to participate in the AI era.
2024 is poised to be a significant year for the artificial intelligence application industry, with policy support driving innovation and research in digital technology. With the continuous development of innovative application scenarios and product forms, China’s integration of digital and real economies is expected to deepen, paving the way for a “digital intelligence future.”
As the digital economy continues to evolve, Securities Times encourages readers to stay informed about stock market trends and policy information through their official APP and WeChat account. While the article provides valuable insights, readers are reminded that any investment decisions should be made at their own discretion.