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Digitalization has become a new blue ocean for industries and is shifting digital productivity from quantative to qualitative.
By Sabrina Meng, Huawei's Deputy Chairwoman, Rotating Chairwoman, and CFO
Civilization has evolved with incredible momentum. We have gone from slash-and-burn farming to intensive agriculture, from the industrial revolution to a society built on information, and now one built on intelligence. Throughout this long process of development, people have been a nonstop source of new, enduring ideas, paving the way for a rich and vibrant civilization. Along the way, with every step of technological innovation, we have witnessed leaps in productivity. At its essence, the development of our society is a result of these leaps.
In this new age of digital transformation, the ability to change is key to long-term growth. Digital transformation is one of the most widely accepted, most definite trends today. It is common ground for countries, enterprises, and organizations, presenting both opportunities and challenges for industries and the world at large. Backed by increasingly mature digital infrastructure, digital technology is redefining productivity, driving a shift from quantity to quality, and gradually becoming the key engine for socioeconomic development. The time is ripe to thrive with digital.