Huang Zhifang, Chairman of the Trade Association, shared the trend of the global digital economy.

(Provided by the Trade Association)

[Reporter Lin Jinghua/Report from Taipei] The International Trade Bureau of the Ministry of Economic Affairs and the China Foreign Trade Association co-sponsored the "Global Digital Economy New Business Model Trend Forum and Market Survey Presentation" on (25th), inviting Israel, the United States, Singapore, the Netherlands, and Lithuania Other venture capital accelerators and innovation experts shared the scene, including representatives of Aurora Group, Yongfeng Yu Group, Family Mart, Cathay Pacific Financial Holdings, EVA Air, etc., and more than 240 manufacturers participated.

Huang Zhifang, chairman of the trade association, delivered a speech on the topic of "discovering new business models and reversing the new economy".

Huang Zhifang said that new unicorn companies are no longer exclusive to the United States and China. Digital new business opportunities have blossomed all over the world. Both have explosive growth, "the growth rate of the number of unicorn births even exceeds that of the United States and China."

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Huang Zhifang further emphasized that being able to solve the pain points of consumers is the key to the success of unicorns; although the pace of development of the digital economy has slowed down slightly under the pressure of the general environment this year, the direction of development will not turn back. It is estimated that in 2023 In 2019, the digital economy will surpass the traditional economy, and the digital transformation within the enterprise is bound to have a chance to get a share. It is suggested that new business models in various countries can be used as a reference for the company's layout, and leverage its strength to expand the international market.

According to the annual market survey conducted by the International Trade Association, the top three mainstream digital business model industries around the world are FinTech, Internet software, and e-commerce, and each regional market has its own mainstream digital business model.

Taking American characteristics as an example, American Internet software is the key to the popularization of digital business models, and business models that emphasize customization and circular economy are quite popular.

India, in the South Asian market, opened the first shot of FinTech due to the impact of the demonetization order.

In the Middle East, Israel is the "country of innovation" that stands out, especially in information security software. 1/3 of the world's new information security innovations come from Israel.

The forum invites domestic and foreign experts in the field of innovation to discuss. Among them, Du Yawei, the director of the Israeli Economic and Trade Department in Taipei, believes that Israel has outstanding performance in high-tech development. Taiwan and Israel are in a similar environment, lacking natural resources, and the industries of Taiwan and Israel are complementary. , not "competition but cooperation".

According to the analysis of the China International Trade Association, the current distribution of global innovation ecosystems is mainly concentrated in North America, Asia Pacific, Europe, the Middle East, and South Asia.

The United States is already the leader in the development of the global digital economy; South Asia is dominated by mobile Internet access, but the maturity of digital financial systems varies from country to country. Taiwanese companies entering the South Asian market must pay attention to the payment habits of local consumers and choose suitable financial partners.

The Middle East market is a target market worthy of attention in this wave of digital economic development. New start-ups in the region continue to attract international venture capital funds and become a new international innovation stage.

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