ZTE Chairman Li Zixue: Building a New Engine for the Digital Economy and Jointly Writing a New Chapter in the Digital Economy
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Recently, the 2023 Global Digital Economy Conference was grandly held at the Beijing National Convention Center. ZTE Chairman Li Zixue was invited to attend the main forum and delivered a keynote speech titled "Building a New Engine of the Digital Economy, Composing a New Chapter of the Digital Economy", sharing ZTE's innovative practices and reflections in the construction of digital China and the global digital economy
Recently, the 2023 Global Digital Economy Conference was grandly held at the Beijing National Convention Center. ZTE Chairman Li Zixue was invited to attend the main forum and delivered a keynote speech titled "Building a New Engine of the Digital Economy, Composing a New Chapter of the Digital Economy", sharing ZTE's innovative practices and reflections in the construction of digital China and the global digital economy.

The new round of technological revolution and industrial transformation has brought new development opportunities to the world, with China's digital economy developing particularly rapidly. The new wave of digital economy will bring a new round of development opportunities from innovative applications to Information infrastructure and other aspects. Based on this, Li Zixue pointed out that ZTE has bravely shouldered its historical mission, fully and deeply participated in the construction of digital China, combined with innovative practice and thinking, and solidly promoted the high-quality development of the digital economy from three aspects: "starting from the real, striving towards the pain, and expanding deeper".
Starting from practical aspects, improving the construction of new infrastructure and consolidating the foundation of development
The digital infrastructure is the cornerstone of the development of the digital economy, and ZTE continues to consolidate the digital infrastructure around three aspects: "more extreme efficiency, deeper integration, and greenery". Build an extremely efficient digital infrastructure, promote deep integration of digital infrastructure, actively build a 5G ultimate network with full coverage, high capacity, rapid deployment, and high cost-effectiveness, create an intelligent and comprehensive digital infrastructure that integrates computing and storage, fully face the construction of computing networks for operators, cities, and industries, and apply green innovative technologies such as renewable new energy and new refrigeration technologies, Accelerate the process of green and low-carbon digital infrastructure.
Strengthen basic software and hardware innovation to the pain point and promote core technology breakthroughs
Li Zixue believes that only by independently strengthening core technologies can we grasp the initiative and fully leverage the driving force of digital technology, shaping new competitive advantages. ZTE focuses on addressing pain points and building a solid foundation for enterprise development by strengthening research and development investment, strengthening underlying technological innovation, and promoting open collaboration. ZTE's R&D investment has increased from 12.8% of its revenue in 2018 to 17.6% in 2022, and its product competitiveness has also continuously improved. It has always insisted on doing the most difficult things the best and continuously strengthened independent innovation of underlying software and hardware core technologies. At the same time, ZTE continues to strengthen the integration of its innovation chain and promote open collaborative innovation. Currently, it has conducted extensive cooperation with more than 100 well-known domestic and foreign universities and research institutions to help break through key core technologies.
Expand deep into building a platform for rapid replication capabilities, and explore deep value scenarios
In view of the fragmentation and differentiation of industrial Digital transformation needs, ZTE has built a dual wheel driven digital capability architecture of "5G precision cloud network+digital nebula" based on years of Digital transformation practice and technology accumulation. While focusing on 5G technology innovation and industry empowerment, we have accumulated and precipitated a batch of modular digital nebula capability components, created a rapid replication industry empowerment platform, and provided industry customers with flexible and efficient building block solutions to support digital applications in various scenarios of various industries. We have explored more than 100 application scenarios around 15 key industries, An effective path of "cost reduction, quality improvement and efficiency increase" has been found for industrial Digital transformation.

Li Zixue called that the future has come, we should lead the independent innovation of digital technology with a forward-looking vision and bold practice, vigorously invest in the research and development of forward-looking technologies such as 5G-A, synaesthesia computing control, AI big model and vertical model, continue to leap to high-value areas, constantly consolidate the base of Information infrastructure, and provide solid support for the accelerated deployment of digital infrastructure.
As a "digital economy builder", ZTE will continue to cooperate extensively with various partners, innovate continuously, provide competitive solutions for various industries, promote the digital and intelligent development of industries, and contribute to building a digital China.
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Tag: New the Digital Economy ZTE Chairman Li Zixue Building
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