Multiple key indicators accelerate growth, China's digital industry has a good start
2025-05-20
The latest data released by the Ministry of Industry and Information Technology shows that in the first quarter, the digital industry achieved a business revenue of 8.5 trillion yuan, a year-on-year increase of 9.4%, with a growth rate 4.4 percentage points higher than the same period last year. Among them, the manufacturing and service industries grew by 10.4% and 8.2% respectively. The digital industry achieved a total profit of 572.1 billion yuan, a year-on-year increase of 7.0%. Among them, the manufacturing and service industries grew by 4.9% and 7.7% respectively. China's digital industry has achieved a good start, providing strong support for focusing on the "four stabilizations" (stable employment, stable enterprises, stable market, stable expectations), cultivating and developing new quality productive forces, and empowering the digital and intelligent development of thousands of industries. Zhao Gang, President of the Saizhi Industry Research Institute, analyzed that the digital manufacturing industry has achieved rapid growth, benefiting from electronic product subsidy policies, increasing demand for artificial intelligence terminals, and accelerated investment in artificial intelligence infrastructure projects. The sales of complete machines have driven the growth of upstream electronic component production, with integrated circuit and optoelectronic component production increasing by 6% and 3.5% respectively year-on-year in the first quarter. All localities seized the policy opportunity of "dual" (implementation of major national strategies and security capacity building in key areas) and "two new" (promoting a new round of large-scale equipment renewal and consumer goods trade in) to actively promote the construction of related projects. In the first quarter, fixed assets investment in computer, telecommunications and other electronic equipment manufacturing industries above designated size increased by 10.5% year on year, expanding the procurement of electronic communication equipment such as computing center servers and 5G base stations. The digital service industry maintains stable growth, and the installation scale of open source software such as HarmonyOS and Euler continues to expand. Breakthroughs have been made in the innovation of large model software represented by DeepSeek, driving the explosion of "artificial intelligence+" applications. By region, 24 provinces have achieved positive growth in digital industry revenue, with 10 provinces achieving double-digit growth. The eastern and central regions increased by 10.2% and 9.7% respectively, with growth rates 3 and 7.1 percentage points higher than the same period last year. The top ten provinces in the digital industry, including Guangdong, Jiangsu, Beijing, Zhejiang, Shanghai, Shandong, Sichuan, Fujian, Anhui, and Hubei, have achieved a total revenue of 6.8 trillion yuan, accounting for 80.7% of the national total and contributing 90.8% to the growth of digital industry revenue in China. Looking at different industries, electronic information manufacturing continues to rebound and improve. The added value of computer communication and other electronic equipment manufacturing industry above a certain scale increased by 11.5% year-on-year. The growth rate of electronic product exports reached 5.8%, an increase of 9.8 percentage points year-on-year. The policy of exchanging old for new consumer goods has significantly driven the growth of domestic mobile phone shipments, with a year-on-year increase of 3.3%, maintaining positive growth for seven consecutive quarters. The revenue of smart wearable devices, unmanned aerial vehicles, and smart car devices industries has all achieved double-digit growth. Driven by emerging businesses such as artificial intelligence and cloud platforms, the software industry achieved a business revenue of 3.1 trillion yuan, a year-on-year increase of 10.6%. The total volume of telecommunications business grew by 7.7% year-on-year, 2.4 percentage points higher than the growth rate of the service industry. The Internet and related service industries operated smoothly. According to Gao Yingmai, Deputy Director of the Institute of Information Technology and Software Industry at the China Academy of Electronic Information Industry Development, the main highlights of China's digital industry development are high innovation, high value, and high driving force. The digital industry is becoming the field with the most concentrated R&D investment and the most active innovation, and the investment heat in emerging fields such as artificial intelligence and humanoid robots continues to rise. Digital industry products and services are difficult to replace and can occupy a more proactive market position. The spillover multiplier effect of the digital industry is significant. Through the penetration, integration, and enabling role of digital technology, it can drive more industries to achieve technological progress and improve total factor productivity. Artificial intelligence technology leads the overall upgrading of the industry and is a major highlight of the current development of the digital industry. Artificial intelligence+is accelerating application empowerment, and technology-based enterprises are accelerating the launch of intelligent hardware such as artificial intelligence glasses. The proportion of shipments of artificial intelligence smartphones and computers is rapidly increasing, which is expected to drive a new round of digital consumption upgrading. Key manufacturing enterprises in various fields have joined the big model, promoting the efficiency improvement of key links such as production and manufacturing, product experience, and after-sales service, and continuously deepening the digital transformation of the industry. Wei Daisen, General Manager of Inspur Digital Enterprise, believes that artificial intelligence is rapidly integrating into various industries, reshaping people's lifestyles and work patterns. The fields of embodied intelligence, multimodality, intelligent agents, AI+APP, AI+scientific research, etc. are developing rapidly, and the "AI+" action is more focused on the specific applications of "big models+vertical scenarios". Inspur Digital Enterprises will fully embrace artificial intelligence big model technology, increase investment in research and development of Inspur Haiyue big models, implement high-value intelligent application scenarios, and promote the digital transformation of enterprises to new heights. From vivid and dynamic "AR (Augmented Reality) display" to immersive "AR try on", digital technology helps e-commerce platforms bring consumers a more convenient consumption experience, thereby driving digital consumption. The person in charge of the Dewu APP introduced that Dewu has developed an AR try on function based on object recognition, facial recognition and other algorithms, filling the gap in the high-precision AR try on market in the e-commerce field. AR try on can restore a more realistic experience and help over 30% of users make consumption decisions every day. It has been listed as one of the three most popular features for new users of DeWu. The "Trendy Product Model Database" independently created by the Dewu APP has included 26000 pairs of digital shoes from brands such as Li Ning and ANTA. Zhao Gang believes in accelerating the innovation of cutting-edge digital technologies to promote the development of the digital industry. Focusing on the evolution path of artificial intelligence technology, we will increase investment in the research and development of cutting-edge technologies such as base models, inference models, intelligent agents, intelligent software ecosystems, and embodied intelligence, and continuously cultivate emerging digital industries and future industries. (New Society)
Edit:Yao jue Responsible editor:Xie Tunan
Source:Economic Daily
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