Digital transformation spurs China's high-quality growth

Apr 26, 2021 11:26:24 AM
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Digital transformation spurs China's high-quality growth

(Xinhua) 10:26, April 26, 2021

-- The fourth Digital China Summit showcases the latest developments and applications of digital technologies including blockchain, 5G, AI and big data under the theme of "Stimulating new dynamics of data factors and embarking on a new journey for digital China."

-- Tech giants such as Huawei, Alibaba and Tencent have brought to the summit their cutting-edge products, and participants are gathering here to pool wisdom on the improvement of e-governance and the construction of a smarter society.

-- China's 14th Five-Year Plan (2021-2025) highlights the development of the digital economy by promoting its deep integration with the real economy and building digital industrial clusters with international competitiveness, which will spur high-quality growth.

FUZHOU, April 25 (Xinhua) -- In addition to using cash and digital payment platforms such as Alipay and WeChat Pay, participants in the fourth Digital China Summit have another payment option: the digital renminbi (RMB), if they want to buy bottled water or snacks at the meeting venue.

After downloading a mobile app and depositing RMB, the money automatically changes into its digital form. The payment process is as simple as scanning a QR code on the app, similar to that of digital wallets, and transactions take place in real time. China has launched pilots of the digital currency in a number of cities.

Digital transformation spurs China

A manned autopilot aircraft is exhibited at the digital achievements exhibition during the fourth Digital China Summit in Fuzhou, southeast China's Fujian Province, April 25, 2021. (Xinhua/Wei Peiquan)

Opening on Sunday in Fuzhou, capital of east China's Fujian Province, the two-day summit showcases the latest developments and applications of digital technologies including blockchain, 5G, AI and big data under the theme of "Stimulating new dynamics of data factors and embarking on a new journey for digital China."

It aims to increase industry exchanges and build cooperation platforms. Tech giants such as Huawei, Alibaba and Tencent have brought here their cutting-edge products, and participants are gathering here to pool wisdom on the improvement of e-governance and the construction of a smarter society.

China's 14th Five-Year Plan (2021-2025) highlights the development of the digital economy by promoting its deep integration with the real economy and building digital industrial clusters with international competitiveness, which will spur high-quality growth.

In a keynote speech at the opening ceremony of the summit, Huang Kunming, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the Publicity Department of the CPC Central Committee, stressed the importance of pursuing self-reliant, innovation-driven and high-quality development in advancing the construction of a digital China.

Digital transformation spurs China

Photo taken on April 25, 2021 shows the digital achievements exhibition during the fourth Digital China Summit in Fuzhou, southeast China's Fujian Province. (Xinhua/Wei Peiquan)

ENABLING REAL ECONOMY

The use of digital technologies helped China tackle the COVID-19 epidemic in many scenarios such as contact tracing, triaging people with fevers, and telemedicine. Now China is promoting the in-depth integration of digital technologies with the real economy to upgrade its industries and blaze a path of high-quality development.

The trend of smart manufacturing has swept the country. In sportswear giant ANTA Sports' smart factory in Xiamen, workers no longer need to bundle clothes together and carry them to their next processing location.

Powered by industrial automation, big data and the Internet of Things, the workshop can carry out automatic tailoring, integrated logistics and intelligent sorting, among over a dozen functions.

A smart hanging system moves clothes around in the workshop and takes them to different floors for their next procedures, relieving workers of their previous heavy-lifting duties.

"We were inspired by the bullet train when designing the system, which allows us to trace movements to each 'stop' of the production process," said Zhong Xueliang, a project manager at the factory.

Each piece that comes out of the system is standardized and its quality is guaranteed, Zhong noted. The system can shorten the process of making one piece of clothing from at least half a month to a minimum of three and a half hours.

Digital transformation spurs China

A high-tech company displays a mobile lab for COVID-19 nucleic acid testing at the digital achievements exhibition during the fourth Digital China Summit in Fuzhou, southeast China's Fujian Province, April 25, 2021. (Xinhua/Wei Peiquan)

The Xiamen factory is just one of China's many new smart factories. In Quanzhou City, a manufacturing hub in Fujian, over 1,500 large enterprises are going through digital transformations.

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