Page 164 - Contributed Paper Session (CPS) - Volume 6

CPS1858 Wei Gang et al.
technological innovation. This paper selects six most representative indexes in
scientific and technological innovation to compare with Shenzhen. The results
show that indexes such as R&D personnel, internal R&D expenditures, and
patent applications in Qingdao are only about 30% of those in Shenzhen, far
lower than about 50% of GDP. The investment intensity of scientific research
funds in the whole society is about 60% of that in Shenzhen. Compared with
some key cities in China, the R&D investment intensity of Qingdao are
respectively 2.86%, 0.42%, 0.36% and 0.27% lower than that of Beijing (5.64%),
Hangzhou (3.20%), Hefei (3.14%) and Nanjing (3.05%), and 0.65% higher than
the national average. So it is necessary to increase the investment intensity.
As a whole, Qingdao's digital economy has achieved certain results, but
still faces some bottlenecks. Among them, there is not only a problem of weak
foundation in digitalization on the demand side, but also insufficient platform
support capacity on the supply side, as well as the need for the improvement
of environment. Those are mainly manifested in the following: the institutional
mechanism needs to be adjusted and improved; the development of digital
inclusion needs to be further improved; the support for the industrial Internet
platform is insufficient; the enterprise innovation capability needs to be
strengthened; the effort of research on new digital industries and formats is
insufficient; talents in the digital economy industry are insufficient; the sharing
of data information resources is insufficient, etc.

4. Discussion and Conclusion
In light of the problems in the development of digital economy in
Qingdao, this paper puts forward opinions and suggestions for accelerating
the orderly development of digital economy in Qingdao.
(I) Take digital economy as the starting point of promoting the conversion
from traditional economic development momentum to new economic
development momentum, as well as optimizing and upgrading industries, and
break through the high-quality development with the efficient flow of "total
factor" in the market.
It is recommended that we should take digital economy as the paramount
project in Qingdao, and guide various market factors such as labor, capital,
knowledge, technology and management with big data, to form an economic
and social ecosystem with orderly and free flow of human resources, logistics,
information, capital and even the complete supply chain.
(II) Take determining the responsibilities of leading agencies in the digital
economy as the key to coordinate, design and lead digital economy
development
In view of the urgent need for the adjustment and improvement of
institutional mechanism construction, upgrade the municipal power in
promoting the coordination leading group for big data development, clarify

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