New rules to build up digital economy in Guangdong

Guangdong’s new rules to boost the digital economy was put under second scrutiny on July 29. The rules center around the digitalization of various industries, and some digital reforms for government as well.

Over the past few years, digital economy in Guangdong seems to have outgrown the existing system and is calling for regulations to ensure that it’s well-run.

Fostering digital industrial clusters

Intended to fill the gap, the new rules focus on fostering digital industrial clusters. Specifically, key R&D programs, national science and technology projects, construction of provincial digital labs are now on the agenda.

According to the rules, Guangdong provincial government should support the development of integrated circuits, software as well as a new generation of the mobile communications industry.

For governments of county level, they should push ahead emerging digital industries such as artificial intelligence, big data, blockchain, cloud computing, network security, and also lay emphasis on the new generation of electronic information, software and information services, intelligent robotics and other digital industry clusters.

Officials involved said: in order to clarify the details, “digital construction” is further divided into digitalization of industry, agriculture, and services.

Among them, the “industry” part underscores the transformation and development of small and medium-sized enterprises and proposes industrial Internet solutions featuring low-cost, fast deployment, easy operation and maintenance

For the “agriculture” part, special emphasis is put on agricultural industry intelligence and digital circulation of agricultural products and the construction of a new digital countryside.

The digitization of the service industry involves mainly digital applications including transportation, logistics, finance, commerce, education, medical care, tourism and intends to improve service quality and efficiency.

Governmental reforms

Of the measures listed in the rules, a fair part is about improvements to governance.

On the service efficiency, it is considered necessary to optimize one-stop public service platforms and build unified province-wide Internet infrastructures as well as cloud platforms and big data centers.

Financial support and subsidies from government are also included in the rules. Thus, governmental investment will flow to key tech breakthrough, innovative platforms and provincial funds will likewise prop up major digital projects as well as high-growth digital enterprises.

Moreover, governments of and above county level are prompted to provide due policy support for digital talents such as residential registration, housing, and children’s education. Brand new assessment criterion for digital talents is also needed.