2018年CRI Core technology key to digital economy development: Jack Ma

Core technology key to digital economy development: Jack¹ Ma

A new push to advance China's digital economy, particularly in the wake of the US ruling against Chinese telecom giant ZTE, are the hot topics of discussion at this year's Digital China Summit taking place in Fujian's provincial² capital, Fuzhou.

With a broader theme of speeding up the construction of a digital China, the summit is designed to generate ideas from those in various sectors³ of the digital economy.

Among those taking part is Alibaba chair Jack Ma, who says one of the key areas of focus needs to be on developing core technology.

"I think really big companies are paying too much attention to market share, when they should be putting more of an emphasis on core technologies. They see technology based on social and human progress as a matter of success or failure. They should also see the development of core technologies as their responsibility."

The suggestion by Jack Ma comes as Chinese telecom equipment maker⁴ ZTE faces the possibility of being cut off from US technology.

ZTE's situation has put companies, including Alibaba, on notice by the Chinese government that they are likely going to have to play the leading role in helping⁵ ease a supply shortage of home-made chips.

Beyond concerns about core technologies, those attending the Digital China Summit have also been discussing new areas of growth.

Chief Operating Officer of Dawning Information Industry, Ye Jian, says advancements⁶ in the digital economy are also poised⁷ to help improve medical care services and food safety.

"The digital economy can help with poverty relief. For example, there are few three-A hospitals or expert physicians in remote areas. But now people in these areas can receive quality medical services with the help of robots and cloud technologies. In terms of food safety, the Internet of Things allows us to trace the origin of food. The digital economy provides great help to every aspect of our life."

The digital economy in China only began to surface around 20 years ago.

Researcher Banji Oyelaran-Oyeyinka with United Nations University says since then, China's embrace of digital has been very evident.

"The speed, the scale, the scope of Chinese progress has been amazing. China has showed us that progress is possible in a very short time. It shows us that the digital and economy actually integrates very closely with the rest of the economy. And it improves the lives of people and improves the quality of life. So we believe that digitalizing the economy actually deepens the equality and bring the people who otherwise would be left behind to our society."

In a report issued through the Summit, the total value of China's digital economy came in at 27.2 trillion yuan last year, accounting⁸ for almost one-thirds of China's overall Gross Domestic Product.

Home to the world's largest fiber-optic and 4G networks, the scale of China's digital economy now ranks second in the world.

1 jack   

n.插座，千斤顶，男人；v.抬起，提醒，扛举；n.（Jake）杰克

参考例句：

• I am looking for the headphone jack.我正在找寻头戴式耳机插孔。
• He lifted the car with a jack to change the flat tyre.他用千斤顶把车顶起来换下瘪轮胎。

2 provincial   

adj.省的，地方的；n．外省人，乡下人

参考例句：

• City dwellers think country folk have provincial attitudes.城里人以为乡下人思想迂腐。
• Two leading cadres came down from the provincial capital yesterday.昨天从省里下来了两位领导干部。

3 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

4 maker   

n.制造者，制造商

参考例句：

• He is a trouble maker，You must be distant with him.他是个捣蛋鬼，你不要跟他在一起。
• A cabinet maker must be a master craftsman.家具木工必须是技艺高超的手艺人。

5 helping   

n.食物的一份&adj.帮助人的，辅助的

参考例句：

• The poor children regularly pony up for a second helping of my hamburger. 那些可怜的孩子们总是要求我把我的汉堡包再给他们一份。
• By doing this, they may at times be helping to restore competition. 这样一来, 他在某些时候,有助于竞争的加强。

6 advancements   

n.（级别的）晋升( advancement的名词复数 )；前进；进展；促进

参考例句：

• Today, the pace of life is increasing with technological advancements. 当今， 随着科技进步，生活节奏不断增快。 来自《现代汉英综合大词典》
• Great advancements in drought prediction have been made in recent years. 近年来，人们对干旱灾害的预报研究取得了长足的进步。 来自互联网

7 poised   

a.摆好姿势不动的

参考例句：

• The hawk poised in mid-air ready to swoop. 老鹰在半空中盘旋，准备俯冲。
• Tina was tense, her hand poised over the telephone. 蒂娜心情紧张，手悬在电话机上。

8 accounting   

n.会计，会计学，借贷对照表

参考例句：

• A job fell vacant in the accounting department.财会部出现了一个空缺。
• There's an accounting error in this entry.这笔账目里有差错。