Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China.
There is no doubt that the digital economy has brought much convenience to our work and life, improving productivity and optimising social service and government efficiency. However, there are also quite a few problems in the development of the digital economy, such as fake and even malicious infor...
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Format: | Article |
Language: | English |
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Peter the Great St. Petersburg Polytechnic University
2022-09-01
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Series: | Sustainable Development and Engineering Economics |
Subjects: | |
Online Access: | https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-4-(2).pdf |
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author | Xuefan Wang Jinyi Shi Zhikai Wang |
author_facet | Xuefan Wang Jinyi Shi Zhikai Wang |
author_sort | Xuefan Wang |
collection | DOAJ |
description | There is no doubt that the digital economy has brought much convenience to our work and life, improving productivity and optimising social service and government efficiency. However, there
are also quite a few problems in the development of the digital economy, such as fake and even malicious information flooding the internet and new media, counterfeit e-commerce, and the shocks to
the economy and society brought about by the extensively advanced development of internet technologies and fintech. People lack an understanding of the digital economy, leading to criminal offences and
economic offences. This paper presents an accurate review of the development of the digital economy and its extensive effects on social economic growth. It begins with the introduction of the digital econ-
omy, with a profound influence on human productivity and people’s lives, plus an essential literature review. It explains the research materials and methods, as well as the structure of the article. It then explores the development law of the digital economy and inteprets the essence of the accurate cognition of the digital economy. Further, it traces the impact of the digital economy on society and emphasises the normalisation of the development of the digital economy. This is followed by a deep assessment of the service efficiency of the digital economy and building a new area for attracting investment. It examines the importance of the information transmission mechanism in avoiding the overlapping of digital isolated islands. The paper concludes with the premise of precisely defining the development stage of the digital economy so as to stimulate the iterative innovation of social economic development. |
first_indexed | 2024-04-12T06:09:49Z |
format | Article |
id | doaj.art-c41c79a1a27c4ab7af930cabc0a72908 |
institution | Directory Open Access Journal |
issn | 2782-6333 |
language | English |
last_indexed | 2024-04-12T06:09:49Z |
publishDate | 2022-09-01 |
publisher | Peter the Great St. Petersburg Polytechnic University |
record_format | Article |
series | Sustainable Development and Engineering Economics |
spelling | doaj.art-c41c79a1a27c4ab7af930cabc0a729082022-12-22T03:44:44ZengPeter the Great St. Petersburg Polytechnic UniversitySustainable Development and Engineering Economics2782-63332022-09-013617410.48554/SDEE.2022.3.4Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China.Xuefan Wang0https://orcid.org/0000-0003-2933-0620Jinyi Shi1https://orcid.org/0000-0002-1868-5605Zhikai Wang2https://orcid.org/0000-0002-4911-2682Yonsei University, Seoul, Republic of KoreaBank of Shanghai Co. LTD, Shanghai, ChinaZhejiang University, Hangzhou, ChinaThere is no doubt that the digital economy has brought much convenience to our work and life, improving productivity and optimising social service and government efficiency. However, there are also quite a few problems in the development of the digital economy, such as fake and even malicious information flooding the internet and new media, counterfeit e-commerce, and the shocks to the economy and society brought about by the extensively advanced development of internet technologies and fintech. People lack an understanding of the digital economy, leading to criminal offences and economic offences. This paper presents an accurate review of the development of the digital economy and its extensive effects on social economic growth. It begins with the introduction of the digital econ- omy, with a profound influence on human productivity and people’s lives, plus an essential literature review. It explains the research materials and methods, as well as the structure of the article. It then explores the development law of the digital economy and inteprets the essence of the accurate cognition of the digital economy. Further, it traces the impact of the digital economy on society and emphasises the normalisation of the development of the digital economy. This is followed by a deep assessment of the service efficiency of the digital economy and building a new area for attracting investment. It examines the importance of the information transmission mechanism in avoiding the overlapping of digital isolated islands. The paper concludes with the premise of precisely defining the development stage of the digital economy so as to stimulate the iterative innovation of social economic development.https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-4-(2).pdfdigital economydigital creditcognitioniterative innovationsustainable development |
spellingShingle | Xuefan Wang Jinyi Shi Zhikai Wang Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. Sustainable Development and Engineering Economics digital economy digital credit cognition iterative innovation sustainable development |
title | Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. |
title_full | Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. |
title_fullStr | Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. |
title_full_unstemmed | Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. |
title_short | Accurately Cognising the Digital Economy and Facilitating Its Healthy and Sustainable Development in China. |
title_sort | accurately cognising the digital economy and facilitating its healthy and sustainable development in china |
topic | digital economy digital credit cognition iterative innovation sustainable development |
url | https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-4-(2).pdf |
work_keys_str_mv | AT xuefanwang accuratelycognisingthedigitaleconomyandfacilitatingitshealthyandsustainabledevelopmentinchina AT jinyishi accuratelycognisingthedigitaleconomyandfacilitatingitshealthyandsustainabledevelopmentinchina AT zhikaiwang accuratelycognisingthedigitaleconomyandfacilitatingitshealthyandsustainabledevelopmentinchina |