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Research on the Path of High-Quality Development of China’s Digital Economy

Qi Deng

School of Business, Zhengzhou Technology and Business University, Zhengzhou 451400, Henan province, China.

*Corresponding author: Qi Deng

Published: 5 August 2022 How to cite this paper

Abstract

From 2017 to 2021, China’s digital economy will grow from RMB 27 trillion to nearly RMB 45 trillion, with a compound annual growth rate of 13.6%, ranking second in the world. Digital infrastructure is the cornerstone of the development of the digital economy. In recent years, China’s digital infrastructure has achieved leapfrog development. With the acceleration of the digitization process of society, digital social services have become more accessible and convenient. In recent years, the digital economy has received widespread attention in China, and the central and local governments have introduced many particular policies to promote the digital transformation of the economy and achieve high-quality economic development. This paper briefly analyses the current path of high-quality development of the digital economy and argues that China's digital economy can promote industrial upgrading, empower rural revitalization and build a smart circulation system, and has become an essential tool for promoting high-quality economic development and shared prosperity.
KEYWORDS: Digital Economy, High Quality, Development, Path

References

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How to cite this paper

Qi Deng. Research on the Path of High-Quality Development of China’s Digital Economy. OA Journal of Economy and Management, 2022, 1(1), 1-4.


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