Where are the future opportunities? Zhang Yong, chairman of Ali's board of directors, writes dismantling new digital infrastructure

2020/03/2016:03:02 technology 2138

China Economic Weekly-Economic Net News (Reporter Sun Bing) On March 20, the 5th edition of "People's Daily" published an article signed by Zhang Yong, Chairman and CEO of Alibaba, "New Infrastructure Construction Expands Innovation and Development Space ", calling for seizing the opportunity of new digital infrastructure. He believes that digital infrastructure will provide solid support for enhancing the competitiveness of small and medium-sized enterprises, consumption-driven economic growth, and creating more job opportunities. At the same time, digital infrastructure will also become a powerful starting point for local governments to improve their modern governance capabilities.

During the epidemic, governments and enterprises everywhere used digital means to respond to the crisis and restore the economy. Experts believe that by fighting the epidemic, China's digital capabilities have reached a new level, and digitalization has become one of the core competitiveness of all regions.

This month, Zhang Yong proposed in Hangzhou that digital infrastructure construction is a new infrastructure and is becoming a new investment and development direction. "The battle of the epidemic will definitely be won. Accumulating experience, summarizing the models that are worth promoting, and making good use of them are the keys to the next development. Those who gain digitization have the first opportunity."

Zhang Yong believes in the signed article As an emerging industry, "new infrastructure" is connected to huge investment and demand at one end, and the escalating consumer market at the other end, which will surely become an important support for China's economic and social prosperity in the future.

Where are the future opportunities? Zhang Yong, chairman of Ali's board of directors, writes dismantling new digital infrastructure - DayDayNews

Zhang Yong, Chairman and CEO of Alibaba (Photo courtesy of Ali)

The full text of "New Infrastructure Construction Expands Innovation and Development Space" is as follows:

held not long ago The meeting of the Standing Committee of the Political Bureau of the Central Committee emphasized that "accelerate the construction of new infrastructure such as 5G networks and data centers." This requirement, pressing the fast forward button for the "new infrastructure", demonstrates the determination to promote economic growth with high-quality development, and gives Chinese enterprises opportunities for innovation and development.

During the war epidemic, it helped online transactions, remote office, online education, and cloud services everywhere; from the health monitoring of mobile personnel to the investigation and judgment of the epidemic situation, the application of big data is extraordinary; the use of robots for distribution, contactless parties Cabin CT, infrared human body temperature rapid screening instrument, artificial intelligence emerges... the popularization and application of digital technology, people are increasingly aware of the importance of supporting the industry's digitalization and digital industrialization of new infrastructure. As an emerging industry, "new infrastructure" is connected to huge investment and demand at one end, and the escalating consumer market at the other end, which will surely become an important support for China's economic and social prosperity in the future.

In fact, as we move from the industrial economy to the digital economy, the connotation of infrastructure is also innovated. In the past, a large number of economic activities were built on traditional infrastructure construction represented by railways, highways, and airports. Today, 5G networks, industrial Internet, Internet of Things and other network foundations, data centers and other digital foundations, artificial intelligence and other computing foundations have become necessary and common new infrastructures. Accelerating the progress of "new infrastructure" is not a simple infrastructure construction, but a coordinated advancement with industrial applications. It can not only enhance the traditional attributes of stable growth of infrastructure, but also promote innovation and expansion of new consumption, new manufacturing, and new services. Therefore, to improve the level of intelligentization of traditional infrastructure and the level of industrialization of new infrastructure is not only the country's investment to promote development, but also the enterprise's plan for the future.

As an important part of the "new infrastructure", digital infrastructure will provide solid support for enhancing the competitiveness of small and medium-sized enterprises, consumption-driven economic growth, and creating more job opportunities. For example, our survey found that 96% of small and medium-sized enterprises have a funding gap of less than 1 million yuan, and they can survive with a hand. Promoting digital infrastructure can not only help small and medium-sized enterprises use digital tools to improve market responsiveness, but also help financial institutions quickly analyze and evaluate credit-granting companies, and resolve SMEs’ ​​financing difficulties in a timely manner. Another example is that more and more people are accustomed to online consumption during the epidemic, prompting more traditional companies to transform online to find new opportunities. Promoting digital infrastructure will allow digitalization to further penetrate into various consumption scenarios. For college graduates, new employment opportunities will also be obtained and created in the digital infrastructure. Only by consolidating the foundation of digitalization and improving the ecology of intelligent development can companies better play the role of innovation as the mainstay to help my country's economy cultivate new growth points and form new momentum.

The empowerment of digital infrastructure will also become a powerful tool for local governments to improve their modern governance capabilities. How to improve government effectiveness and promoteBehind the precise implementation of the government's policy is a test of the government's digital transformation. As an active exploration to deepen the reform of "maximum run once", Hangzhou recently launched the "Qinqing Online" digital platform. Within a week, 114,000 companies and 371,000 employees paid 336 million yuan in subsidies. According to the traditional offline method, Companies need to provide more proofs, and the cycle is longer. During the epidemic, Zhejiang’s first health code was promoted nationwide, and its deep significance is that if the application of health code is further popularized and integrated with more realistic scenarios, it will open the door to urban digital governance. It can be said that advancing digital infrastructure and expanding application services will help the government to efficiently "precise drip irrigation" of public services into the hands of enterprises and the public.

Faced with the sudden new crown pneumonia epidemic, my country's economic development is stable and positive, and the fundamentals of long-term growth have not changed. China is still the world's most active and the fastest iterating market for the Internet. We look forward to working with more companies to share the broad future entrusted by the construction of new infrastructure.

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