The development of the digital economy is a matter of digital transformation, but the digital transformation we are talking about is not a digital transformation. This is two different concepts. Because the digital transformation is first of all a transformation of the enterprise, the transformation of the enterprise brings about the transformation of the industry. The transformation of the industry brings about the transformation of the national economy and brings about the transformation of the society. Therefore, the transformation of enterprises is the core of economic transformation. The digital transformation of an enterprise includes three elements. The first is the transformation of the business model of the enterprise. That is, your business model must be digital. The second mode of your operation is digital. Third, your talent structure and core skills must be digital. The global Internet of things is the most important one for digital transformation. Why do we say this? The three things Internet of Things, a “materialâ€, a “jointâ€, and a “web,†we have many discussions about the web couplet, and we cannot discuss things together. many. This object must be networked. The first is sensing, the second is computing, and the third is data communication. This digital transformation is a problem that every company must face. Every company doesn't matter what you produce or whatever you serve. If you are not digital, you are eliminated by the following era. We must attach importance to the development of the global Internet of Things. This is the biggest hotspot of global informationization and more important than artificial intelligence.