What is the digital economy? How does it change your life and mine?

The Digital Economy Classification defines the basic scope of the digital economy at two levels: "industrialization of data" and "digitalization of industry", and divides it into five categories: digital product manufacturing, digital product service, data-critical technology, data-factor-driven, and intelligent The first four categories are data industries.

Among them, the first 4 categories are the data industrialization part, i.e. the core industry of digital economy, which refers to various economic activities that provide digital technology, goods, services, infrastructure and solutions for the digital development of industry, and which depend thoroughly on digital technology and data factors, corresponding to 26 categories, 68 medium categories and 126 sub-categories in the National Economic Classification, which is the basic of digital economy development.

Category 5 is the part of industrial digitization, which refers to the output enhancement and efficiency improvement brought by the use of digital technology and data information for traditional industries, and is the combination of digital technology and real economy. This section contains digital application scenarios such as smart agriculture, smart manufacturing, smart transportation, smart logistics, digital combined wifi bluetooth modulefinance, data commerce, digital society, digital government, etc., corresponding to 91 categories, 431 medium categories and 1256 sub-categories in the National Economic Classification, showing that digital technology has long been and will further produce deep penetration and universal combination with various socio-economic industries.

In the Digital Economy Classification, the industrialization of data and the digitization of industry form a complementary association. Taking manufacturing industry as an example, digital product manufacturing refers to the manufacturing of intelligent terminals supporting data and information processing, related electronic components and intelligent equipment with high application of digital technology, which belongs to the part of "data industrialization", including computer manufacturing, communication and radar equipment manufacturing, digital media equipment manufacturing, intelligent product manufacturing, electronic components and equipment manufacturing and other digital product manufacturing. and other digital product manufacturing. Intelligent manufacturing refers to the use of digital twin, artificial intelligence, 5G, blockchain, VR/AR, edge computing, experimental verification, simulation and other new generation information technology and advanced manufacturing technology, in order to improve the quality of manufacturing and core competitiveness of the advanced production process, belongs to the "industry digitalization" part, mainly including Intelligent general professional equipment manufacturing, intelligent transport equipment manufacturing, intelligent electrical machinery and instrumentation equipment manufacturing, and other intelligent manufacturing. Digital product manufacturing and intelligent manufacturing are the two levels of the digital economy in manufacturing industry in accordance with the National Economic Classification, which do not cross each other and constitute the entire scope of digital economy in manufacturing industry.

The promulgation of the Digital Economy Classification brings unified statistical standards, specifications and scope for China's data economy accounting. Next, the National Bureau of Statistics will regularly carry out the accounting of the core industries of the digital economy to provide data support for all regions and departments to implement the core industries of the digital economy development plan specified in the Outline of the 14th Five-Year Plan.

The digital economy is a key economic form after the rural economy and industrial development, and the digital transformation is driving profound changes in production processes, living habits and remediation methods, with profound impacts on the world economy, politics and the layout of science and technology. As an important statistical specification to consider the development level of digital economy, the "Statistical Classification of Digital Economy and its Core Industries (2021)" has been publicly released on the website of National Bureau of Statistics.

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