This authority ranks 17th in China, witnessing China's digital competitiveness in the past 5 years

　　China News Service, October 21 (Zhongxin Finance reporter Wu Tao) According to the 2022 IMD World Digital Competitiveness Ranking released by the International Institute for Management Development (IMD) in Lausanne, Switzerland, China ranks 17th in the world, witnessing the miracle of China's digital competitiveness.

This result far exceeds Japan's 29th ranking.

In five years, China's ranking jumped from 31st to 17th

　　Now in its sixth year, the IMD World Digital Competitiveness (WDC) Ranking compiled by the IMD World Competitiveness Center (WCC) measures the ability and readiness of 63 economies to adopt and explore digital technologies as a business, A key driver of government and wider socioeconomic transformation.

Data map.

Photo by Zhang Jing

　　According to the IMD World Digital Competitiveness Ranking released in 2022, the top five economies this year are: Denmark, the United States, Sweden, Singapore, and Switzerland.

　　China has risen from 31 in 2017 to 17 in 2022, up 14 in five years.

In contrast, Japan continued to decline, from 28th in 2021 to 29th in 2022.

The U.S. ranking also fell across the board, falling to No. 2 after five consecutive No. 1 rankings.

Why is China's digital competitiveness becoming stronger?

　　Li Yi, director of the Green Digital Development Research Center of the Shanghai Academy of Social Sciences, said in an interview with Zhongxin Finance that it is not difficult to understand the decline of the US ranking. Under construction, "you can feel that when you go to the United States, including the network status, it is very unstable."

　　Regarding China's ranking, Li Yi said that China's digital competitiveness has a good foundation, including the scale of netizens and network speed. Especially since 2018, China's operators are also the fastest in the 5G transition stage.

　　The latest data from the Ministry of Industry and Information Technology shows that China's 5G network construction is accelerating.

As of the end of August, the total number of 5G base stations reached 2.102 million, accounting for 19.8% of the total number of mobile base stations, an increase of 5.5 percentage points from the end of the previous year.

Among them, 677,000 5G base stations were newly built from January to August.

　　"China's digital competitiveness is also reflected in the penetration rate. Whether it is mobile payment or various digital applications, Chinese people are forced to master it. The development of online courses and aging-appropriate applications will further increase the penetration rate of digital applications." Li Easy to call.

Data map.

Photo by Zhou Zhuoao

　　Li Yi also emphasized, "During the epidemic, the development of the digital economy has played an important role in China's fight against the new crown pneumonia epidemic. This is not something that other countries or some commercial platforms can provide and do. These are actually the embodiment of digital competitiveness. ."

　　The "Digital China Development Report (2021)" shows that from 2017 to 2021, the scale of my country's digital economy will increase from 27.2 trillion yuan to 45.5 trillion yuan, ranking second in the world in total, with an average annual compound growth rate of 13.6%. The proportion of GDP increased from 32.9% to 39.8%, becoming one of the main engines of economic growth.

　　The WCC explained that the U.S.’s ranking slipped as follows: The biggest factor is technology, and the rankings found that while it has maintained a relatively strong position, there has been significant improvement in the know-how needed to discover, understand and build new technologies. space.

　　Regarding the decline of Japan's ranking, Li Yi said that it is not difficult to see from the list that some Nordic countries rank high, because the Nordic people are few and rich, so this list should take into account the population and the average digitization ability of the country's main body. , while Japan has a large population base, a serious aging population, and relatively traditional concepts. For example, telephone ordering and car-hailing are still popular among some people, so it is not surprising that the ranking continues to decline.

How is the ranking determined?

　　According to public information, IMD is a world-leading enterprise management training academy. The data released by IMD is often quoted by major media around the world. How is the IMD World Digital Competitiveness Ranking determined, and where is the authority?

　　The WDC ranking methodology defines digital competitiveness as three main factors: knowledge, technology, and future readiness.

Each main factor is further divided into three sub-factors, and the nine sub-factors include a total of 54 criteria.

　　Its specific algorithm is more complex, and each sub-factor, independent of the number of criteria it contains, has the same weight in the overall pooling of results, about 11.1% (100÷9).

However, each subfactor does not necessarily have the same number of criteria.

For example, evaluating training and education requires more criteria than evaluating it integration.

　　The criteria can be hard data for analyzing digital competitiveness, such as Internet bandwidth speed, or soft data for analyzing competitiveness, such as a company's flexibility.

Hard criteria are weighted 2/3 in the overall ranking, while survey data is weighted 1/3.

　　Some analysts pointed out that because the WDC ranking method takes into account future preparations, it is not only a reflection of current digital competitiveness, but also a prediction of future competitiveness, which is one of the reasons why everyone pays attention to this list.

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