Let the digital economy empower the high-quality development of the cotton industry

How can the digital economy empower the cotton industry to develop with high quality? At the 2023’ CNCE Cotton Industry Development Annual Conference held recently, the guests gave the answer.

Hou Shunli, a member of the Party Leadership Group and Deputy Director of the Council of the All-China Federation of Supply and Marketing Cooperatives, said that the emergence and widespread application of new digital technologies have brought earth-shaking changes to the development of my country’s cotton industry. Cotton has become an agricultural product subject to full digital supervision. It has effectively promoted the transformation of industrial business models.

At present, the digital economy has become a new driving force to promote the quality, efficiency, and power changes of my country’s economic development. A group of cotton-related enterprises, represented by the National Cotton Trading Market, have achieved positive results in digital development. Cotton has become the only agricultural product in China that has achieved full digital supervision. From cotton farmers to ginners, warehouses, and textile factories, every Cotton farmers and every bale of cotton have data records, which effectively promotes the transformation of the cotton industry’s business model.

Hou Shunli believes that we must seize the development opportunities brought by the new round of industrial revolution and digital economy, promote the deep integration of new technologies and the cotton industry, and focus on accelerating the digital transformation of traditional cotton circulation networks to achieve online and offline integration. , integrated development, improve circulation efficiency, reduce operating costs, and enhance the competitiveness of the cotton industry. It is necessary to accelerate the optimization and innovation of business models, use digitalization to stimulate the innovation vitality and creative potential of the entire industry, realize the reconstruction of the industrial chain and the improvement of the value chain, and drive my country’s cotton industry to open up a broader development space at a new height. It is necessary to accelerate the promotion of full-process digital closed-loop management and apply digitalization to all links of the industrial chain such as planting, processing, inspection, warehousing, logistics, and consumption.

Shen Jieqiang, deputy general manager of the National Cotton Trading Market, said that since 2016, the proportion of the digital economy in GDP has continued to increase, and the average growth rate of the digital economy has been significantly higher than the average growth rate of GDP in the same period, which has become the key to supporting high-quality economic development. power and become a national strategy. While promoting the digitalization level of my country’s cotton industry, the National Cotton Trading Market continues to explore the application of big data in the cotton industry and promote the digital transformation of the industry.

Since 2004, China’s cotton, especially Xinjiang cotton, has been digitized in all aspects from planting to trading, and a big data center for China’s cotton industry chain has been built. This center provides conditions for the digital transformation of the cotton industry, relying on the industry Information systems, digital inspection instruments and data collection equipment for each link in the chain, and the basic information of each link in the Xinjiang cotton industry chain has been digitized.

Nowadays, focusing on different application scenarios in each link of the cotton industry chain, relying on the data resources of the cotton industry chain big data center, and using the Internet to continuously explore the digital transformation of the industry through information technology means such as upgrading, reshape the business model by improving business efficiency, and create New advantages of China’s cotton industry, China’s cotton industry has entered the intelligent era.

“Looking to the future, the increasingly mature digital cotton and the rapidly developing smart cotton industry will surely form a good digital ecosystem for the development of China’s cotton industry. Everyone in the industry will be a participant and benefit from the ecosystem. Shen Jieqiang hopes that the creation of a digital ecosystem for China’s cotton industry can help the digital transformation of China’s cotton industry and become a new advantage for China’s cotton industry.

He said that the national cotton trading market will continue to enrich data collection methods, expand the scope of data collection, improve data collection capabilities, continue to promote the digitalization level of China’s cotton, and continue to improve the data quality and data quality of China’s cotton industry chain big data application and innovation center. External service capabilities, building a unified user system and open data services. We will build a comprehensive service platform for cotton farmers, a cotton processing service platform, a cotton inspection service platform, a data interaction and resource sharing platform around the cotton industry chain, and achieve data and business connectivity in all links of the industry chain, and a comprehensive cotton online supply chain service platform for the national cotton trading market. Achieve data integration and seamless business connection, introduce all participants in the cotton industry chain, build an information highway that runs through the entire industry chain, assist the digital transformation of the industry, and build a digital ecosystem for China’s cotton industry.

AAA

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