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Interview with JD Vice President Miao Xiaohong: The Private Economy Promotion Law can ensure that the private economy obtains rights, opportunities, and rules fairly

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21st Century Business Herald reporter Wang Jun reports from Beijing
On March 8th, the work report of the Standing Committee of the National People's Congress proposed that in 2024, the Rural Collective Economic Organization Law and the Private Economy Promotion Law will be formulated to accelerate the construction of a new development pattern and comprehensively deepen reforms. On February 21st, the Ministry of Justice, the National Development and Reform Commission, and the Legal Work Committee of the Standing Committee of the National People's Congress jointly organized a symposium on the legislation of the Private Economy Promotion Law to listen to the opinions and suggestions of representatives of private enterprises and experts and scholars on the legislation. At the meeting, Minister of Justice He Rong emphasized that the drafting of the Private Economy Promotion Law has been initiated.
The specialized legislation for private economy is moving from the sound of drums and shouts to the golden rule.
As an important component of China's socialist market economy, the private economy plays an important role in driving entrepreneurship and employment, promoting technological innovation, and enhancing comprehensive national strength.
As a leading private enterprise, JD Group possesses both physical enterprise genes and digital technology capabilities. During this year's National People's Congress and Chinese People's Political Consultative Conference, Southern Finance and Economics All Media Group -21st Century Business Herald interviewed Miao Xiaohong, Vice President of JD Group. Starting from JD's practice, she discussed her views on the Promotion of Private Economy Law: firstly, to enhance confidence in the development of private economy. Secondly, create a fair competitive environment for the private economy.
How to empower the development of private economy in the face of a new wave of artificial intelligence. Miao Xiaohong stated that artificial intelligence is not just about reciting poetry and painting, but also about unleashing its maximum value in the industrial supply chain. Autonomous and controllable computing power bases, distributed new digital infrastructure, etc. will be the focus of JD's next efforts.
Moreover, regarding the "Artificial Intelligence+" action mentioned in the government work report, Miao Xiaohong believes that it points out the direction for empowering industrial transformation and upgrading, including the private economy, through the development of artificial intelligence. She suggested that in the process of promoting the integration of data and reality and building a modern industrial system, more support should be given to industrial Internet platform enterprises to provide direct channels for the government and all sectors of society to help enterprises and promote industrial development.
The Private Economy Promotion Law can enable private enterprises to take action lightly and develop together
In the 21st century, there has always been a high demand for specialized legislation on the private economy, which has been one of the focuses of attention for members of the National People's Congress and the Chinese People's Political Consultative Conference in the past two years. What is the significance of the launch of legislation to promote the private economy in your opinion?
Miao Xiaohong: The private economy is an important component of China's socialist market economy, contributing over 50% of tax revenue, over 60% of GDP, over 70% of technological innovation achievements, over 80% of urban labor employment, and over 90% of the number of enterprises. It is an important force in promoting the development of the socialist market economy and an important subject in promoting supply side structural reform, promoting high-quality development, and building a modern economic system.
The rule of law is the best business environment. At present, the state has initiated the legislation of the Law on Promotion of Private Economy, which fully shows that the state is positive and supportive of the development of private economy. By formulating the Law on Promotion of Private Economy, it confirms the important position of private economy in the national economy, stabilizes the expectation of private economy development, promotes the healthy development of private economy, and better plays the role of private economy as a new force of Chinese path to modernization. Specifically, the formulation of the Private Economy Promotion Law is of great significance:
Firstly, to enhance confidence in the development of the private economy. From the legislative name of the Private Economy Promotion Law, it can be intuitively understood that the state firmly supports and promotes the healthy development of the private economy, and the position and role of the private economy in the national economy are fully recognized. The special formulation of the Promotion Law for the Private Economy by the state fully proves that the state attaches great importance to the healthy development of the private economy, and the private economy is indispensable in the development of the national economy. By formulating the Private Economy Promotion Law and promoting the development of the private economy at the national legislative level, it can unify the correct understanding of the whole society towards the development of the private economy, dispel doubts and confusion in the development of the private economy, and enable private enterprises to take action lightly and develop together.
Secondly, create a fair competitive environment for the private economy. By formulating the Private Economy Promotion Law, a "competition neutral" environment can be created for the development of the private economy, and "competition neutrality" can be elevated to the law, ensuring fair rights, opportunities, and rules for the private economy, and breaking down a series of institutional barriers in market access and financing. By establishing an equal access system, it is prohibited to set or indirectly set differentiated market access conditions or discriminatory conditions that are not conducive to the development of the private economy due to different forms of ownership, so that all market entities, including private enterprises, can equally enter industries, fields, and businesses outside the negative market access list, providing a broad development platform for the private economy.
Artificial intelligence needs to maximize its value in the industrial supply chain
21st century: With the rapid development of new technologies in recent years, what new challenges do private economies face? How do you think the law should respond?
Miao Xiaohong: In recent years, innovative technologies have developed rapidly, especially the widespread application of large model technology in the field of artificial intelligence, which has greatly promoted and promoted the improvement of production and operation efficiency. The private economy is facing new challenges, as well as risks and opportunities. Overall, it includes the following aspects:
The first issue is how to protect various innovative achievements produced by the rapid development of new technologies within the existing legal framework, such as intellectual property protection of data, innovative algorithms of artificial intelligence, AIGC outputs, etc. At the same time, enterprises should also pay attention to how to effectively avoid the leakage of their own trade secrets and infringement of intellectual property rights of other entities in the application process of new technologies. The law should respond more quickly to the protection of new formats and technologies, innovate protection paths, methods, and provide stronger support for innovation.
Second, to further expand, the traditional intellectual property system was born in the industrial era, and its protection effect on Internet AI related technologies is weak. Main difficulties: weak technical visibility and fast iteration updates. In terms of legal response: In the research of procedural law, it is necessary to improve the evidence disclosure system in technical intellectual property rights litigation, and establish fair, safe, and relatively low-cost rules for evidence disclosure; In the study of substantive law, it is necessary to clarify the protection boundaries and evidential requirements of various types of intellectual property rights, in order to provide a theoretical basis for the protection and protection of intellectual property rights.
In the new wave of artificial intelligence development in the 21st century, how can JD further deploy the development of artificial intelligence?
Miao Xiaohong: The development of the global technology industry in the past year has been inspiring. The emergence of large models marks a significant improvement in the ability of AI to handle complex tasks, bringing revolutionary changes to the application of AI technology, accelerating the development of the technology industry, and also driving the growth of the physical industry. China ranks among the top in the world in terms of the number of enterprises and industrial scale in the field of AI big models. At present, the technology in the field of artificial intelligence is developing very fast. We should face up to the gap whether it is the progressiveness of technology or the maturity of industry.
Artificial intelligence, especially the ability of large models, is not just about reciting poetry and painting, but also about unleashing its maximum value in the industrial supply chain. JD is currently reducing costs and increasing efficiency through the application of large model capabilities in retail, logistics, financial risk control, and intelligent scheduling of cloud computing resources, providing users with a better experience. In the field of healthcare, with the advent of the aging age, people are paying more and more attention to health. JD.com also made some explorations last year, and based on the general model of Yanxi, we released the "Beijing Medical Thousand Inquiries". Jingyi Qianxun is a large model that focuses on the medical field and has learned a lot of medical knowledge. After these trainings, it is like a doctor living at home, providing users with personalized diagnosis and treatment advice, health management, self diagnosis, and more, including some medical images that it can understand. It can also automatically generate reports and cases, which can assist doctors in their work.
Regarding the further deployment of artificial intelligence development, we believe that firstly, the training of large models has special characteristics and requires a computing power base with GPU as the core. To seize opportunities for technological innovation, it is necessary to develop self-developed technologies and build domestically produced digital infrastructure; We should encourage the collaboration of domestic intelligent computing software and hardware, and support innovation and application of large models. Secondly, computing power is the foundation for training large models, and only with an autonomous and controllable computing power base can large models gain an advantage. At the same time, it is necessary to maximize the role of the intelligent computing base through software and hardware collaboration. For example, to improve the efficiency of computing power bases, both GPUs and software for computing power scheduling should be considered. Thirdly, developing new quality productivity also requires distributed new digital infrastructure. Traditional centralized architecture is difficult to meet the elastic expansion of resources and the agile construction of applications. Cloud native and distributed architectures have advantages such as fast scalability, fast development, fast deployment, and fast speed. The above three aspects are the key directions that JD will focus on in the next step.
Give play to the role of industrial Internet platform and create a direct channel for digital transformation of real industries
21st century: In your opinion, how to use artificial intelligence to empower the development of the private economy?
Miao Xiaohong: Premier Li Qiang pointed out in this year's government work report that we will deepen the innovation and development of the digital economy. Formulate policies to support the high-quality development of the digital economy, actively promote digital industrialization and industrial digitization, and promote the deep integration of digital technology and the real economy. Deepen the research and development of applications such as big data and artificial intelligence, carry out the "Artificial Intelligence+" action, and build a digital industry cluster with international competitiveness. This points out the direction for us to use artificial intelligence to empower the transformation and upgrading of industries, including the private economy, in the future. It is suggested to give play to the role of industrial Internet platform and create a direct channel for digital transformation of real industries. In the process of transformation and upgrading of the real economy, the rapidly developing industrial Internet platform has played an important role in connecting supply and demand, combining factors, and opening up industries, especially in promoting the quality and efficiency improvement and financial development of various large, small and medium-sized enterprises in the upstream and downstream industries.
Therefore, in the process of promoting the integration of data and reality and building a modern industrial system, it is recommended to give more support to industrial Internet platform enterprises, provide direct channels for the government and all sectors of society to help enterprises, and promote industrial development. Strengthen the construction of inclusive mechanism, and create a direct channel to help SMEs through the industrial Internet platform; Utilize digital technology capabilities to promote enterprise "sunshine procurement" through full chain digitalization; Leading chain enterprises should make better use of the industrial Internet platform to improve the level of industrial collaboration; Strengthen theoretical research and policy guidance to guide the new development practice of industrial Internet.
We believe that with the support of supporting policies and the coordinated efforts of government and enterprises, we will have a continuous stream of achievements and progress in empowering the high-quality development of the private economy through the development of artificial intelligence.
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