Industry dynamics of May 2023

Updated: May 31,2023 10:31 AM

1.Breaking the "data silos" - Multi-party deployment accelerates the circulation of data elements


Data circulation in China has developed rapidly. According to China Information and Communication Research Institute, the volume of data transactions in China exceeded RMB70 billion in 2022, and the market size is expected to exceed RMB220 billion by 2025.


Relevant units will speed up the construction of a "1+N" basic system of data elements, promote qualified places and industries to carry out the first trial of data elements circulation and use, break the "data silos", and accelerate the circulation of data elements and industrial norms.


At Hongkou District Urban Operation Integrated Management Center in Shanghai, "One Network Unified Management" gathers a number of data of enterprises within its jurisdiction and displays them visually through large screens. According to reports, relying on the data collection and computing capabilities of Inspur Data Cloud, the staff comprehensively analyze the data of energy consumption and social security of enterprises, and draw a "health map" for enterprises.


Gao Tongqing, Deputy General Manager of China Mobile, said that under the guidance and influence of policies, the enthusiasm of enterprises to participate in data circulation is high at present, and the supply and demand sides of data circulation have expanded from finance and internet industries to other fields, and the data demand in transportation, medical care, government affairs, meteorology and other fields and scenarios has gradually emerged.

2.Make the digital economy stronger, better and bigger! The important report was released


On May 23rd, the State Internet Information Office released the Digital China Development Report (2022), looking forward to the development of digital China in 2023. It mentioned that economic and social development should be enabled in an all-round way. In order to make the digital economy stronger, better and bigger, we will foster and strengthen digital industries such as industrial Internet, blockchain, and artificial intelligence, and create a digital industrial cluster with international competitiveness.


Looking back on the development achievements in 2022, the report points out that in 2022, the scale of China's digital economy reached RMB50.2 trillion, ranking second in the world, with a nominal growth of 10.3% over the previous year, and its weight in GDP increased to 41.5%.


In 2022, the electronic information manufacturing industry realized the revenue of RMB15.4 trillion, an increase of 5.5% over the same period last year. The revenue of software industry jumped to the threshold of RMB10 trillion, reaching RMB10.81 trillion, an increase of 11.2% over the same period last year. Among them, the revenue from information technology services reached RMB7012.8 billion, an increase of 11.7% year on year, accounting for 64.9% of the total industry revenue; the revenue from cloud computing and big data services reached RMB1042.7 billion, an increase of 8.7% year on year, accounting for 14.9% of the total revenue from information technology services; the revenue from integrated circuit design reached RMB279.7 billion, a year-on-year increase of 12%; the revenue from e-commerce platform technology services was RMB1104.4 billion, an increase of 18.5% over the previous year; and the revenue from telecom business reached RMB1.58 trillion, an increase of 7.5% over the previous year.


The scale of users in the digital culture market is growing. By the end of 2022, the number of online video users in China was nearly 1.031 billion, and the utilization rate of Internet users reached 96.5%, of which the number of short video users exceeded 1 billion for the first time, and that of Internet users reached 94.8%. The scale of network live broadcasting users reached 751 million, an increase of 6.7% year on year. The scale of online game users exceeds 600 million, accounting for more than 60% of the total Internet users.


Agricultural digitalization has accelerated its extension to the whole industrial chain. The informatization rate of agricultural production has exceeded 25%, and new models such as intelligent irrigation, precision fertilization, intelligent greenhouse and product traceability have been widely promoted. The automatic driving system of agricultural machinery based on Beidou system has more than 100,000 sets, covering all aspects of deep ploughing, transplanting, sowing, harvesting and straw treatment. Digital transformation of manufacturing industry has been upgraded.



3.A large number of leading enterprises have emerged in the manufacturing industry, which has ranked first in the world for 13 consecutive years - Last year, 65 manufacturing enterprises were listed in the world's top 500.


"In 2022, the scale of China's manufacturing industry has ranked first in the world for 13 consecutive years," said Bi Kaichun, First-level Inspector of the Science and Technology Department of the Ministry of Industry and Information Technology, at the First China Brand Development Forum and the Ninth China Brand Economy (Shanghai) Forum, one of the activities of China Brand Day held recently. In line with the "world's first", the volume of Chinese manufacturing brands is increasing year by year.


Last year, 65 manufacturing enterprises in China were shortlisted in the list of the world's top 500, and a large number of leading enterprises and national “business cards” emerged in the fields of 5G and new generation information technology, large civil aircraft, rail transit, construction machinery, new energy vehicles, smart home appliances, consumer drones and textiles in China.


Breaking passivity is the biggest driving force for China's manufacturing growth. After years of painstaking research, in 2008, "China Railway No.1" shield machine was born, which achieved zero breakthrough of domestic brand shield machine, and then opened all the way. Chinese-made shield machine was quickly exported to Singapore, Israel, Italy, Denmark and other places, and sold to France, the birthplace of shield machine in 2019. Nowadays, Chinese-made shield machine brands represented by China Railway Construction Heavy Industry and China Railway Equipment have a market share of nearly 70% overseas.


Shanghai Electric is equally mighty. Shanghai Electric participated in the construction of the core equipment of Dubai 950 MW photothermal photovoltaic project with the largest investment scale and installed capacity in the world. The power plant equipment company jointly established by Shanghai Electric and Siemens of Germany has set a world record for the highest efficiency and the lowest coal consumption. Talking about the secret, Ping Liu, President of Shanghai Electric Group, mentioned, "In the past five years, the investment in science and technology has exceeded RMB25 billion, accounting for 4.18% of revenue last year."