Page 352 - Contributed Paper Session (CPS) - Volume 6

CPS1959 Hou Hongwen et al.
3. Result
(I) Multi‐dimensional view on new and old kinetic energy conversion
1. Overall, the new kinetic energy index continues to rise.
The monitoring results show that the new kinetic energy index of economic
development in 2016 is 126.6% and 2017 150.9%, with a year‐on‐year
increase of 24.3 percentage points based on 2015 as the benchmark period,
which shows that the incubation of new kinetic energy is further accelerated.
It can be predicted that in the next few years, with the accelerated
implementation of the major projects of new and old kinetic energy
conversion, the new kinetic energy index of economic development in the
city will reach a new level.
2. The digital economy has the highest index by sectors
In terms of different sectors, the digital economic index has the highest
level and the largest extent of increase, reaching 262.7% in 2017, with a
55.7‐percentage‐point increase year‐on‐year, which has become the
primary factor of the new kinetic energy index in lifting economic
development; The second is economic vitality, reaching 155.9% in index,
with a 33.7‐percentage‐point increase year‐on‐year, which has become a
powerful pusher of the new kinetic energy index for economic development.
The third is transformation and upgrading, reaching 145.5% in index, with
a 28.1‐percentage‐point increase year‐on‐year. In contrast, the index level
of innovation drive, development achievement and knowledge capability is
low, which is 121.7%, 107.3% and 105.1%, respectively, and the increase
range is relatively small, which affects the new kinetic energy index of
economic development to some extent, and more efforts need to be put
forth for future development.

New kinetic energy index in different sectors
Sector 2016 (%) 2017 (%) Increase (%)

Knowledge 103.7 105.1 1.4
capability

Economic vitality 122.2 155.9 33.7

Innovation drive 109.0 121.7 12.7
Digital economy 207.0 262.7 55.7

Transformation 117.4 145.5 28.1
and upgrading
Development 102.6 107.3 4.7
achievement

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