The main forum of the 9th Global Internet of Things Summit was grandly held on November 16. The summit took "5G empowering enterprise digital transformation" as its entry point, focusing on the digital transformation of enterprises and the innovative applications of 5G+AIOT.
Chen Yaxin, deputy director of Huawei's China Strategic MKT, talked about independent innovation and development in his speech. He said that China needs to focus on basic research and cutting-edge technology research, digest and absorb and then innovate, and take the path of integrated innovation/open innovation.
Chen Yaxin pointed out that total factor productivity is the foundation of the digital economy. 5G, cloud and AI are the three elements of the new infrastructure.
Chen Yaxin said that the intelligent connection industry will continue to develop, with ubiquitous gigabit and hyper-automation. Humanity is ushering in the fourth industrial revolution and accelerating into the intelligent world. In the next five years, the software and service industry will have a global space of 1 trillion US dollars. The cloudification and SaaS of the software industry are accelerating. In the next five years, the global space of the edge computing industry will reach 500 billion US dollars.
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