Chinanews.com, December 12 (Reporter Zuo Yuqing) In the past 27 years, the global digital economy has achieved rapid development, profoundly changing the global economic ecology, and the development of China's digital economy has formed a huge multi-field and multi-level interweaving with the process of global economic digitalization. Digital globalization presents both tremendous opportunities and challenges for China.

How should China respond to the opportunities and challenges of digital globalization? On December 12, a symposium on China's digital economy transformation in the context of globalization was held at the Digital Laboratory of the University of International Business and Economics, and the participating experts discussed the opportunities and challenges faced by China's digital economy transformation.

According to the panelists, China has become an important force in the field of digital globalization, reaching a leading level in e-commerce, mobile payment, 5G communications and other fields. In the future, China needs to continue to adhere to the path of reform and opening up, and assume the responsibility of a major country in the field of digital globalization.

Fan Huiwen, Vice President and President of SK China's Industrial Research Institute, said that the digitalization of the global economy has brought new industry opportunities to China: digital industrialization and industrial digitalization. "In terms of digital industrialization, the first is the development of the chip industry as a basic technology, and the development of the digital economy puts forward higher requirements for the computing power of chips; The second is emerging industries such as converged terminals, network operations, big data, and generative platforms. Industrial digitalization can multiply the benefits of the traditional economy, especially the manufacturing industry, including new fields such as intelligent driving, high-precision sensors and robots, intelligent control platforms, smart grids, consumer product customization, purchase to lease, and sharing economy. ”

Yao Lei, director of the Institute of Informatization and Software Industry of China Electronic Information Industry Development Research Institute, believes that the accelerated innovation of a new generation of information technology is the core engine of the digital transformation of the manufacturing industry. Accelerating the digital transformation of the manufacturing industry is a long-term systematic project, involving multiple subjects, multiple links, and multiple fields.

Zhang Xiaohui, chief economist of the SME Development Promotion Center of the Ministry of Industry and Information Technology and the China Association for International Cooperation of Small and Medium-sized Enterprises, also pointed out that digital empowerment is the only way to cultivate China's small and medium-sized enterprises to "specialize, innovate and innovate", and intelligence is the key to the next stage. "It is also important for the government to strengthen the support for small and medium-sized enterprises in the field of digital intelligence, and at the same time continue to actively carry out international cooperation in the field of digital intelligence for small and medium-sized enterprises."

Shi Shiwei, a professor at the University of International Business and Economics, introduced and analyzed the process of digital transformation of German industry (Industry 4.0 strategy), government policies and experience that can be used as a reference for China.

In addition to manufacturing, the use of digital technologies has had a profound impact on trade, especially in services.

Taking blockchain as an example, a general technology in the digital field, Jing Ran, a professor at the School of International Business and Economics of the University of International Business and Economics, pointed out that the widespread use of blockchain technology as a "trust machine" in digital trade will greatly promote the development of international trade.

The rapid development of e-commerce has also given rise to many new business formats. Hua Ying, director of the academic publications department of the University of International Business and Economics, said that China is a world leader in the field of e-commerce, with a market size of 43.83 trillion yuan. At present, the world's e-commerce is transforming from life services to experience, and digital technologies such as virtual reality and metaverse have been fully applied.

Li Liang, a professor at the School of Information at the University of International Business and Economics, took Tmall as an example to deeply analyze the evolution process of Internet business to create platform value from service leadership to ecological prosperity.

In addition, Professor Xu Xu of the University of International Business and Economics also introduced China's plan for cross-border data flow, and raised the question of how to balance the security and freedom of cross-border data flow in China's expansion of opening up. (ENDS)