Huang Qifan: there are four differences between the new infrastructure and the old infrastructure, which will generate multiple trillion level investment platforms

category:Finance
 Huang Qifan: there are four differences between the new infrastructure and the old infrastructure, which will generate multiple trillion level investment platforms


Huang Qifan also pointed out that the information infrastructure involved in the new infrastructure, such as 5g network, big data, artificial intelligence, Internet of things, cloud computing, blockchain and so on, will bring huge investment.

According to the estimation of relevant institutions of the Ministry of industry and information technology, in 2018, the scale of Chinas information and communication industry (specifically including electronic information manufacturing industry, telecommunications industry, software and information technology service industry, Internet industry, etc.) reached 6.4 trillion yuan, accounting for 7.1% of GDP.

In addition, new data processing centers are being built everywhere. Huang Qifan points out that China will add 10 million servers in the next five years. At least 1 trillion yuan will be invested in the construction of these 10 million servers, computer rooms, electric power and other facilities.

In addition, the Internet of things is expected to have at least 3 billion to 5 billion terminals connected to the Internet in the next 5 years, forming the interconnection of everything, and bringing the investment scale to 2 trillion to 3 trillion. Artificial intelligence, blockchain and so on will also be trillion level.

Huang Qifan also stressed that the transformation of digital platform to traditional industries will form a subversive industrial Internet. He believes that the industrial Internet is a blue ocean. For material analysis, there are more than 60 trillion dollar industrial clusters around the world, which can be combined with digitalization to realize digitalization transformation. It is estimated that if digital support is introduced only in the five fields of aviation, electricity, health care, railway, oil and gas, assuming only 1% efficiency improvement, it will save nearly $300 billion in the next 15 years, with an average of about $20 billion per year; if digital transformation can expand 10% of the industrial value space, it will create more than $200 billion per year. If China s consumer Internet market can only accommodate a few trillion yuan level enterprises at present, it is possible to accommodate dozens or hundreds of innovative enterprises of the same scale in the field of industrial Internet. This is a huge blue ocean, and the high-value companies in the future are likely to be mainly produced in the industrial Internet system. Huang Qifan said. (author: Fang Haiping, editor: Zeng Fang) source: responsible editor of 21st century economic report: Zhong Qiming_ NF5619

Huang Qifan also stressed that the transformation of digital platform to traditional industries will form a subversive industrial Internet. He believes that the industrial Internet is a blue ocean. For material analysis, there are more than 60 trillion dollar industrial clusters around the world, which can be combined with digitalization to realize digitalization transformation. It is estimated that if digital support is introduced only in the five fields of aviation, electricity, health care, railway, oil and gas, assuming only 1% efficiency improvement, it will save nearly $300 billion in the next 15 years, with an average of about $20 billion per year; if digital transformation can expand 10% of the industrial value space, it will create more than $200 billion per year.

If China s consumer Internet market can only accommodate a few trillion yuan level enterprises at present, it is possible to accommodate dozens or hundreds of innovative enterprises of the same scale in the field of industrial Internet. This is a huge blue ocean, and the high-value companies in the future are likely to be mainly produced in the industrial Internet system. Huang Qifan said.

(author: Fang Haiping editor: Zeng Fang)