October 19, the National Bureau of Statistics released data show that in the first three quarters of 2016, new energy vehicles increased 83.7%. New products, new services, new industries, new formats and new models represented by new energy sources, the Internet, cloud computing and artificial intelligence continued to maintain rapid growth.

Ma Jiantang, deputy party secretary and executive vice president of the State Administration of Administration, believes that China's economy has been able to face the complicated and tough domestic and international environment, withstand the downward pressure and achieve a growth of 6.7%, benefiting in large part from the new economy Suddenly emerged. China's economic development mode accelerates from factor-driven, investment-driven to knowledge-driven and innovation-driven transformation.

The night of November 2, Alibaba Group announced the latest earnings, causing widespread concern in the industry. The second quarter of fiscal year 2017 (July 1 to September 30, 2016) earnings report, the quarter, the group revenue grew 55%, reaching 34.292 billion yuan. Most notably, the cloud computing business continued its rapid growth with a year-on-year increase of 130%.

Recently, a project called "Crazy" was announced in Hangzhou, Zhejiang Province, where Alibaba headquarters is located. For this city with a history of more than 2,200 years, an artificial intelligence hub, the brain of Hangzhou's urban data, is installed to provide the basis for transportation, energy and water supply All data facilities. In a preliminary trial of some sections of Xiaoshan District in Hangzhou, the city's brain intelligently adjusted traffic lights to increase the speed of vehicles by up to 11%. It is cloud computing platform that provides important support for this "science fiction blockbuster" - Aliyun.

In September of this year, the White Paper on Cloud Computing (2016) released by China Academy of Information Communications showed that in 2015, the overall market size of cloud computing in China reached 37.8 billion yuan, an overall growth rate of 31.7%.

"Big data has become a new energy source and a new factor of production, which further drives the transformation and upgrading of the manufacturing industry." Gao Hongbing, vice president of Alibaba Group Group and dean of the Ali Research Institute, said in an interview with this newspaper that the greatest contribution of the new economy lies in changing the original Wholesale, retail, manufacturing model.

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