Boao Forum focuses on developing the digital economy which stimulates the development of 5G industry

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In recent years, with the rapid development of science and technology, the digital economy has become a new driving force for global economic development. Digital economy not only represents a new economic form, but also represents a new way of development and life.

On October 30, at the Boao Forum for Asia Sub-Forum Global Economic Development and Security BBS the second conference “Under the Era of Digital Economy Security Ecological Construction” points on the BBS, experts and scholars focus on the digital economy era of digital ecological construction, around the digital development trend of new, new form, new practice share frontier plan hotspot, for scientific and technological innovation to promote the development of global digital economy security contribution.

As the strategic choice of the new round of scientific and technological revolution and new opportunities of industrial transformation, as the cornerstone of digital construction, it is one of the key capabilities to strengthen digital construction to build a solid credible, and controllable digital economy base. Accelerating the development of the digital economy is of great significance to the planning and construction of the digital economy and digital society.

In the face of the new pattern of ecological competition in the digital era, experts said that we should firmly grasp the initiative of innovation, and put forward strategic, forward-looking, and leading scientific propositions centering on the realization of high-level science and technology. We must firmly grasp the initiative of coordination, firmly grasp the initiative of competition, build a secure digital economy pattern, lead the new trend with a cutting-edge perspective, build a new ecology with the perspective of development, and innovate the future with the perspective of the world.


The digital economy is in full swing

According to public data, with the rapid development and application of the Internet, big data, cloud computing, artificial intelligence, and other technologies, the digital economy is showing a rapid growth trend around the world. According to Gartner, the global digital economy will reach $41 trillion by 2025, accounting for 24 percent of the global economy.

At the same time, China’s digital economy has stepped towards a period of all-round development, carrying out targeted research and development of key and core technologies, and paying attention to original innovation and ecological cultivation. We will accelerate the layout of cutting-edge technologies, focus on cutting-edge technologies such as big data, artificial intelligence, blockchain, and quantum communication, accelerate the development of strategic and disruptive technologies, and build an independent and controllable digital industrial chain and supply chain.

In addition, the digital trend has been irreversible, and enterprises will eventually embark on the road of digital economy development. Digital transformation should be further optimized from the perspective of supply chain, industrial chain, and value chain, so as to promote the digital transformation of the whole industry. Enterprises should carry out digital transformation, promote the development of the digital economy and cutting-edge technologies, guide science and technology to be upward and intelligent, and find appropriate paths and methods for transformation.


WiMi researches and develops the digital economy sector

Data show that with the booming development of the digital economy, WiMi Hologram Cloud (NASDAQ: WIMI), as the leading digital solution provider driving the development engine of the digital economy, has shown strong development resilience and vitality in recent years. Driven by cutting-edge technology, artificial intelligence, augmented reality, and 5G of a new generation of information technology is accelerating rise, to provide many industry scene digital can assign services, help enterprises to realize the scene, science and technology, operation, service digital depth fusion, by release the value of hardcore technology, promote the development of a new round of science and technology revolution.

In fact, WiMi Hologram Cloud has been actively promoting the “Digital China” strategy for many years, aiming to fully leverage the power of digitalization to boost the economy, society, and digital society. In this process, WiMi Hologram Cloud on the one hand, promotes cloud computing, AI, the Internet of things, and the progress of emerging technologies such as 5G, on the other hand, to accelerate the ground application of this emerging technology, to provide intelligent products and solutions, promote enterprise transformation and upgrading of digital, intelligent, surging power for the vigorous development of the digital economy.

With the establishment of the digital ecosystem and the organic integration of various aspects through 5G, WiMi Hologram Cloud has achieved positive results. Facing the new challenges of digital economy development, WiMi Hologram Cloud based on a new round of digital economy development, the future further deepen the layout, will be around the dominant advantage industry, pilot foster enterprise, industry Internet technology platform, speed up the construction of 5G full connection, efforts in a wider range, deeper degree, higher level to promote technological innovation and industrial development, two make contributions to digital construction, thus accelerate the development of digital economy.


To sum up

In the era of digital economy, the demand for digital transformation is increasing. In the long run, the rapid growth of the digital economy has a certain inevitability. Digital technology should be used as an adhesive and booster for industrial development, and the proportion of businesses driven by new technology will continue to improve the quality and efficiency of the economy and core competitiveness. Looking forward to the future, with the acceleration of a new round of scientific and technological revolution and industrial transformation, the new era and new journey, through the power of science and technology, adhere to the premise of industry-based, accelerate the application of digital technology in the industry, but also help to spread China’s stories and experience and highlight China’s characteristics.