General Secretary Xi Jinping pointed out that we should develop the digital economy, accelerate the promotion of digital industrialization, rely on information technology innovation to drive the birth of new industries, new forms of business and new models, and promote new development with new drivers.

In the first half of this year, while some traditional industries were severely affected by the COVID-19 epidemic, the new drivers represented by the digital economy grew rapidly, showing strong vitality and providing strong support for the steady recovery of the Chinese economy. Just after the opening of the world's highest altitude 5G base station on Mount Everest in Tibet, the construction of underground 5G network has been completed in Shanxi Yangmei Group, located in the underground coal mine of more than 500 meters, miner Li Ruibing really felt the convenience brought by 5G, the original work of 8-9 people, and now a 5G inspection robot is completed, and the inspection information is returned in real time.

Not only coal mines, 5G financial outlets, 5G Marine pastures, 5G smart grid, only in the first half of this year, the country has carried out a total of more than 400 5G innovation applications, widely involving industrial, transportation, medical and other industries. More than 600 "5G+ Industrial Internet" projects are under construction, and 5G provides an important wireless network guarantee for the flow of industrial interconnected data, promoting the intelligent transformation and upgrading of real economy industries.

In the second quarter of the past, the added value of high-tech manufacturing industry decreased by 3.8% in the first quarter to increase by 9.8%, becoming a higher growth rate of the industry sector. In June, 3D printing equipment, integrated circuit wafers, smart watches increased by 1 to 5 times year-on-year, semiconductor discrete devices, high-performance chemical fibers, ultra-white glass for solar industry, service robots, etc., increased by 32.9% to 81.9%. In the first half of this year, while industrial digitalization is accelerating, the pace of digital transformation of consumption is also greatly accelerating. In Wuhou District of Chengdu, Sichuan province, the commercial facade of Shoe City has been transformed into more than 30 online broadcast rooms, and a 10-square-meter broadcast room with goods can sell more than 500 pairs of shoes every day. In Hunan, Zoomlion moved hundreds of tons of mechanical products online, and the lightweight mixer received orders for nearly 2,000 units in just 39 minutes of live broadcasting time.

All walks of life accelerated "online" and "on the cloud", becoming a beautiful landscape of the Chinese economy in the first half of this year, online office to help restore production operation, distance education to achieve "non-stop school", online business burst into vitality, e-commerce and new retail based on e-commerce has become a scale, traditional production organization model and industrial supply chain, value chain is constantly restructured. In the face of the epidemic, new drivers have shown great potential to turn crisis into opportunity.

Relevant data show that in the first half of this year, the national online shopping exceeded 5 trillion yuan, of which the online retail sales of physical goods increased by 14.3% year-on-year, and the online retail sales of physical goods accounted for 25.2% of the total retail sales of social consumer goods, an increase of 5.6 percentage points over the same period last year.

Turning crises into opportunities and facing difficulties head-on, the dynamic new growth drivers are providing stronger support for the high-quality development of the Chinese economy.

Source：CCTV