Page 452 - 2022 White Paper on the Business Environment in China
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2 White Paper on the Business Environment in China
are also actively planning a new round of measures operations, cybersecurity mesh, intelligent
to speed up the construction of a highland for composable business, AI engineering and hyper-
the digital economy. After continual efforts over automation. In light of the coronavirus disruption,
about 10 years, Beijing aims to become a leader China made considerable progress in terms of
in city digital smart transformation, global data accelerating digital transformation on the back of
deployment hubs, emerging digital industry building "new infrastructure"—a term that refers
incubators, global digital technology innovation, to new digital assets, technologies, related physical
digital governance in China and digital economy facilities and enabling installations like artificial
opening-up. The country will build new, quality and intelligence, industrial internet, big data centers
reliable bases for the digital economy, promote and industrial internet. Data from company registry
the popularization of information infrastructure, platform Qichacha showed China had a total of
and explore new and innovative space for the 139,200 cloud computing-related companies as
digital economy (CD, Digital Economy). of the end of May 2020. Beijing topped all other
regions with the highest number—94,200 cloud
Looking to the 14th Five-Year Plan period (2021- computing-related enterprises—accounting for
25), CIOs seeking to lead through innovation nearly 70 % of the total number nationwide.
to ensure success in China should engage Guangdong and Jiangsu provinces took second
with CEOs and other business stakeholders by and third spots, hosting nearly 12,000 and 4,000
injecting technological perspectives and helping such companies, respectively. Seeing the rising
discover innovative business opportunities. growth opportunities in the blossoming digital
Digital business is seen as key in shifting to sector, China plans to have the digital economy—
quality development, and a major focus area for largely synonymous with digital upgrading and
innovation. Today, companies are required to transformation of traditional industries—account
accelerate digital business by building solid digital for around 10% of the country's newly added
platforms as well as promoting digital products, economic output by 2025, according to the outline
intelligent production and operations and service of the 14th Five-Year Plan. Business in China
agility. Against that backdrop, chief information continues to become more complex, leading
officers should discuss with business leaders people to demand greater simplicity, which, in turn,
and assess the impact of the plan on their own means a shift to an open, hybrid and multi-cloud
enterprises. CIOs should also provide insights to environment. Chinese enterprises are accelerating
business leaders on how digital technologies can their digitalization efforts in the aftermath of
change ways of doing business. Enterprises need COVID-19 and actively shifting their IT systems to
to make a big push to deeply integrate IT systems the cloud. The Enterprise Cloud Index Report 2021
with operational technology systems, build key said 62% of Chinese respondents said they have
new business capabilities and invest more in increased their investment in hybrid cloud as a
data governance and data security. The need for direct result of the pandemic, compared with 46%
operational resiliency across enterprise functions globally (Ouyang, Remote Work).
has never been greater. CIOs are striving to
adapt to changing conditions to compose future Cybersecurity
business. This requires organizational plasticity
to form and reform dynamically. As organizations Cyber-attacks continue to emerge, and
journey from responding to the coronavirus crisis technologies based on past rules are no longer
to driving growth, they must focus on three main able to shield the constantly developing attacks.
areas: people centricity, location independence In the future, combat between cyber-attacks
and resilient delivery. Taken together, these trends and protection will be fiercer. Not to advance is
create a whole that is larger than its individual to drop back. The global cybersecurity threat
parts and focus on social and personal demand situation has changed in many ways over the past
from anywhere to achieve optimal delivery. The five years, and new attack methods have become
top strategic technology trends for are internet more complex and concealed. Enterprise security
of behaviors, total experience, privacy-enhancing construction has begun to develop into an active
computation, distributed cloud, anywhere
452
are also actively planning a new round of measures operations, cybersecurity mesh, intelligent
to speed up the construction of a highland for composable business, AI engineering and hyper-
the digital economy. After continual efforts over automation. In light of the coronavirus disruption,
about 10 years, Beijing aims to become a leader China made considerable progress in terms of
in city digital smart transformation, global data accelerating digital transformation on the back of
deployment hubs, emerging digital industry building "new infrastructure"—a term that refers
incubators, global digital technology innovation, to new digital assets, technologies, related physical
digital governance in China and digital economy facilities and enabling installations like artificial
opening-up. The country will build new, quality and intelligence, industrial internet, big data centers
reliable bases for the digital economy, promote and industrial internet. Data from company registry
the popularization of information infrastructure, platform Qichacha showed China had a total of
and explore new and innovative space for the 139,200 cloud computing-related companies as
digital economy (CD, Digital Economy). of the end of May 2020. Beijing topped all other
regions with the highest number—94,200 cloud
Looking to the 14th Five-Year Plan period (2021- computing-related enterprises—accounting for
25), CIOs seeking to lead through innovation nearly 70 % of the total number nationwide.
to ensure success in China should engage Guangdong and Jiangsu provinces took second
with CEOs and other business stakeholders by and third spots, hosting nearly 12,000 and 4,000
injecting technological perspectives and helping such companies, respectively. Seeing the rising
discover innovative business opportunities. growth opportunities in the blossoming digital
Digital business is seen as key in shifting to sector, China plans to have the digital economy—
quality development, and a major focus area for largely synonymous with digital upgrading and
innovation. Today, companies are required to transformation of traditional industries—account
accelerate digital business by building solid digital for around 10% of the country's newly added
platforms as well as promoting digital products, economic output by 2025, according to the outline
intelligent production and operations and service of the 14th Five-Year Plan. Business in China
agility. Against that backdrop, chief information continues to become more complex, leading
officers should discuss with business leaders people to demand greater simplicity, which, in turn,
and assess the impact of the plan on their own means a shift to an open, hybrid and multi-cloud
enterprises. CIOs should also provide insights to environment. Chinese enterprises are accelerating
business leaders on how digital technologies can their digitalization efforts in the aftermath of
change ways of doing business. Enterprises need COVID-19 and actively shifting their IT systems to
to make a big push to deeply integrate IT systems the cloud. The Enterprise Cloud Index Report 2021
with operational technology systems, build key said 62% of Chinese respondents said they have
new business capabilities and invest more in increased their investment in hybrid cloud as a
data governance and data security. The need for direct result of the pandemic, compared with 46%
operational resiliency across enterprise functions globally (Ouyang, Remote Work).
has never been greater. CIOs are striving to
adapt to changing conditions to compose future Cybersecurity
business. This requires organizational plasticity
to form and reform dynamically. As organizations Cyber-attacks continue to emerge, and
journey from responding to the coronavirus crisis technologies based on past rules are no longer
to driving growth, they must focus on three main able to shield the constantly developing attacks.
areas: people centricity, location independence In the future, combat between cyber-attacks
and resilient delivery. Taken together, these trends and protection will be fiercer. Not to advance is
create a whole that is larger than its individual to drop back. The global cybersecurity threat
parts and focus on social and personal demand situation has changed in many ways over the past
from anywhere to achieve optimal delivery. The five years, and new attack methods have become
top strategic technology trends for are internet more complex and concealed. Enterprise security
of behaviors, total experience, privacy-enhancing construction has begun to develop into an active
computation, distributed cloud, anywhere
452
