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The Impact of Infrastructure, Digital Production, E-Commerce, and Virtual Economy on Digital Economy Construction in China

In: Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

Author

Listed:
  • Jilin Song

    (President University, School of Management)

Abstract

With the continuous expansion of the coverage of the global digital economy industry, the application of digital technology is promoting the changes in the production methods and development modes of the real economy. New challenges in the transformation of the world economy. However, it is currently unclear what variables have an impact on the development of the digital economy. This paper gathers information on the growth of infrastructure, digital production, e-commerce, and virtual economy in various Chinese cities, analyses their contributions to the growth of the digital economy, and ultimately finds that e-commerce and digital production have a significant influence on the development of urban digital economies. In order to prevent and control digital risks, increase application awareness of the digital economy, and improve workers’ overall digital literacy, this paper recommends that businesses and governments should boost the development of digital networks. By improving infrastructure, it will help the layout of e-commerce and digital production enterprises.

Suggested Citation

  • Jilin Song, 2022. "The Impact of Infrastructure, Digital Production, E-Commerce, and Virtual Economy on Digital Economy Construction in China," Advances in Economics, Business and Management Research, in: Faruk Balli & Au Yong Hui Nee & Sikandar Ali Qalati (ed.), Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), pages 1187-1195, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-052-7_133
    DOI: 10.2991/978-94-6463-052-7_133
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