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Competitiveness Analysis on New Infrastructure Construction Under the Digital Economy

In: Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

Author

Listed:
  • Yu Xie

    (University of New South Wales, Department of Commerce)

Abstract

Since the digital economy has become a widespread tendency in China, many digital industries have started to generate. However, new infrastructure construction, which is the important pillar of these industries is not well known by people. Thus, this research uses the PEST model to analyze the trading background of new infrastructure construction and the Michael Porter diamond Model to investigate the competitiveness of seven areas of new infrastructure construction. The research shows that China highly supports new infrastructure construction by applying the 14th Five-Year Plan, value-added tax credit refund, and the special bond. In the meantime, the increase in the scale of BeiDou Navigation Satellite System users and the development of BeiDou Navigation Satellite System and 5G skill guarantee the interaction between BeiDou Navigation Satellite System and new infrastructure construction. Although the new infrastructure construction is vital in government support and relevant industry, China needs to focus more on training competent personnel and Cultivating core technology.

Suggested Citation

  • Yu Xie, 2022. "Competitiveness Analysis on New Infrastructure Construction Under the Digital Economy," Advances in Economics, Business and Management Research, in: Yushi Jiang & Yuriy Shvets & Hrushikesh Mallick (ed.), Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), pages 266-275, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-036-7_40
    DOI: 10.2991/978-94-6463-036-7_40
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