The Industrial Internet is a new engine for economic and social development. Recently, the China Academy of Information and Communications released the "Industrial Internet Industry Economic Development Report (2020)" (hereinafter referred to as the "Report") to analyze the economic impact of China's industrial Internet integration.
The "Report" pointed out that the current development of the global industrial Internet presents a good situation of accelerating breakthroughs in key technologies, increasingly perfect foundation support, gradual enrichment of integrated applications, and an increasingly mature industrial ecology. Countries are facing major strategic opportunities. China is a big network country and a big manufacturing country. The development of industrial Internet has a good industrial foundation and huge market space. At present, China's industrial Internet policy system has been continuously improved, the functional system has been accelerated, integration and application innovation has been active, and industrial ecology has gradually taken shape.
"Report" predicts that in 2020, China's industrial Internet industry economic value added will reach 3.1 trillion yuan, an increase of about 47.9% year-on-year, accounting for about 2.9% of GDP, and its contribution to GDP growth will exceed 11%. Among them, the value-added scale of the core industry will reach 652 billion yuan, and the economic value added driven by integration will reach 2.49 trillion yuan, which is expected to drive more than 2.55 million new jobs.
The rapid development of the industrial Internet industry economy
"Report" believes that China's industrial Internet industry is developing rapidly. In terms of scale, in 2018 and 2019, the overall scale of China's industrial Internet industry economy was 1.42 trillion yuan and 2.13 trillion yuan, respectively, with a year-on-year actual growth of 55.7% and 47.3%, respectively. In 2018 and 2019, the scale of added value of the core industries of the industrial Internet was 438.6 billion yuan and 536.1 billion yuan respectively; the economic impact driven by the integration of the industrial Internet expanded rapidly. The scale in 2018 and 2019 was 980.8 billion yuan and 1.6 trillion yuan, respectively. It is estimated that in 2020, the overall scale of the industrial Internet industry economy will be about 3.1 trillion yuan, and the economic impact of industrial Internet convergence will be about 2.49 trillion yuan.
In terms of economic contribution, the Industrial Internet has made a significant contribution to the growth of the digital economy. In 2018 and 2019, the overall scale of the industrial Internet industry economy accounted for 4.5% and 5.9% of the digital economy, respectively, and their contributions to the growth of the digital economy were 14.1% and 15.6%, respectively. The proportion is about 7.5%, and its contribution to the growth of the digital economy will exceed 16%; at the same time, the Industrial Internet will effectively drive the growth of the national economy. In 2018 and 2019, the overall scale of the industrial Internet industry's economy accounted for 1.5% and 2.2% of GDP, respectively, and its contribution to economic growth was 6.7% and 9.9%, respectively. It is estimated that in 2020, the overall size of the industrial Internet industry economy will account for about 2.9% of GDP (the actual GDP growth rate in 2020 is calculated at 6%), and its contribution to economic growth will exceed 11%. The Industrial Internet will become one of the most active areas of growth in the national economy.
In terms of employment promotion, the industrial Internet industry has developed rapidly, providing high-skilled jobs for composite talents who master industrialization and information technology skills. Industrial Internet software development engineers, industrial Internet architects, industrial Internet system engineers, and industrial gateway technical support engineers Other relevant posts emerged at the historic moment, which enriched the number and types of social jobs and promoted the optimization and upgrading of the employment structure. Estimates show that in 2018 and 2019, China's industrial Internet has driven 1.35 million new jobs and 2.06 million new jobs. It is expected that by 2020, China's industrial Internet will drive more than 2.55 million new jobs. At present, China's employment stability pressure is still unabated. In the future, as the integration and application of the Industrial Internet and various industries gradually deepen, it will further release the huge potential for employment stability.
Industrial Internet Industry Economic Structure Optimization
"Report" shows that China's industrial Internet industry economic structure continues to optimize.
From a structural point of view, the contribution of the core industry of the Industrial Internet is decreasing year by year, and the contribution driven by integration is increasing year by year. The core industry of the Industrial Internet is an important foundation for the development of the Industrial Internet, and the driving of integration is the key driving force for the development of the Industrial Internet. From 2017 to 2020, with the continuous accumulation of investment in core industries, the role of the Industrial Internet in the superposition and multiplication of economic and social fields has gradually emerged. The proportion of integration-driven parts in the industrial Internet has increased from 59.8% to 79.2%. The ratio dropped from 40.2% to 20.8%.
At present, China's industrial Internet core industry has maintained steady growth, laying a solid foundation for subsequent development. Statistics show that in 2018 and 2019, China's industrial Internet core industry added value of 438.6 billion yuan and 536.1 billion yuan, an increase of 30.1% and 22.2% year-on-year.
The "Report" predicts that the value-added scale of China's industrial Internet core industry will reach 652 billion yuan in 2020, a year-on-year increase of 21.6%. From 2017 to 2020, the scale of added value of the core industry of the Industrial Internet increased by more than 93%, with a compound annual growth rate of 24.6%.
The economic impact part driven by the integration of the Industrial Internet is developing rapidly, and it is an important engine for the development of the Industrial Internet. Statistics show that in 2018 and 2019, the scale of economic impact driven by China's industrial Internet integration was 980.8 billion yuan and 1.60 trillion yuan, an increase of 95.7% and 62.7% respectively from the previous year, accounting for 1.1% and 1.6% of GDP respectively. . It is estimated that in 2020, the economic impact of China's industrial Internet integration will be about 2.49 trillion yuan, an increase of 55.8% year-on-year. From 2017 to 2020, the scale of economic impact driven by industrial Internet convergence is expected to increase nearly 4 times, with a compound annual growth rate of 70.5%.
