Beijing, December 13 (Xia Bin, Yin Qianyun, Liu Liang) The 2023 ** Economic Work Conference held recently proposed to guide financial institutions to increase support for scientific and technological innovation, green transformation, inclusive small and micro enterprises, and digital economy.
Compared with the three major areas of small and micro enterprises, scientific and technological innovation, and green development proposed by the ** Economic Work Conference last year, the digital economy has been added this year, which also echoes the digital finance in the "Five Major Articles" proposed by the ** Financial Work Conference.
Why do you value financial support for the digital economy?Tian Xuan, deputy dean of the PBC School of Finance and chair professor of finance at Tsinghua University, told reporters that the key word "digital economy" was mentioned in the first part of the key investment in the total policy and the key work in 2024. This is also a further implementation of the spirit of "accelerating the development of the digital economy and promoting the deep integration of the digital economy and the real economy" proposed in the report of the 20th National Congress of the Communist Party of China.
Objectively, the digital economy is a series of economic activities with data resources as the key factor of production, modern information networks as important carriers, and the effective use of information and communication technology as efficiency improvement and economic structure optimization. Tian Xuan said that the digital economy has become an important engine for promoting high-quality development by optimizing resource allocation, improving the overall efficiency of resource use, and vigorously promoting industrial transformation and upgrading, and promoting the high-quality and efficient development of enterprises. More importantly, as a new engine and symbol of the development of productive forces in modern society, the level of development of the digital economy has also become an important evaluation index of a country's scientific and technological strength and economic strength.
Mei Xinyu, a researcher at the Institute of International Economic Cooperation of the Ministry of Commerce, believes that the financial support for the digital economy is aimed at supporting the growth of scientific and technological innovation and emerging industries, especially key emerging industries.
In his view, after the first friction, it is necessary to grasp the "key 3 + 1", that is, the three key industries of food, energy, and IT high-tech industries, as well as to avoid the outbreak of potential financial and financial systemic risks, among which food and energy determine stability, IT high-tech industries determine development, and digital economy is one of the components of IT high-tech industries.
Mei Xinyu bluntly said that due to the economic cycle factors and the international economic environment, enterprises, including many high-tech enterprises, are now facing great troubles in financing, especially equity financing. In this context, it is particularly important to emphasize the support of financial institutions for cutting-edge emerging industries such as the digital economy.
Liu Ying, director and researcher of the cooperative research department of the Chongyang Institute of Financial Studies of Chinese University, said bluntly that China's economy pursues new momentum, new industries and new models, and needs to rely on the digital economy, and promoting the development of the digital economy through quantitative and high-quality tools of monetary policy can make the overall economy more dynamic and innovative.
Tian Xuan said that actively accelerating industrial digitization and digital industrialization is an important starting point for China to base itself on the new stage of development, implement the new development concept, and build a new development pattern, and it is also an urgent need to realize the transformation and upgrading of economic, political, cultural and social developmentThe implementation of a proactive digital strategy will help China seize the development opportunities in the digital era and build new development advantages. Therefore, the first economic work conference will promote the development and growth of the digital economy as the focus of next year's economic work, and it is an accurate pulse to improve the efficiency of industrial structure upgrading and the speed of high-quality development. (ENDS).