Analysis on the Internal Mechanism and Implementation Path of Digital Economy to Promote the Development of High Quality Industry

Yong Cao

2021

Abstract

At present, the digital economy is expanding from the consumption field to the production field, and the integrated development has given birth to a series of new business forms and new models, which has become an important economic growth point.The internal mechanism of digital economy boosting high-quality industrial development is mainly as follows: data elements stimulate new driving forces for industrial development; digital economy promotes industrial optimization and upgrading and technological innovation; digital economy reduces transaction costs and improves the efficiency of resource allocation. Based on the internal mechanism, this paper starts from the reality of the development of digital economy, and puts forward the main implementation path of digital economy to promote the high-quality development of industry.

Paper Citation

in Harvard Style

Cao Y. (2021). Analysis on the Internal Mechanism and Implementation Path of Digital Economy to Promote the Development of High Quality Industry. In Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM, ISBN 978-989-758-576-0, pages 5-10. DOI: 10.5220/0010827900003168

in Bibtex Style

@conference{icfitm21,
author={Yong Cao},
title={Analysis on the Internal Mechanism and Implementation Path of Digital Economy to Promote the Development of High Quality Industry},
booktitle={Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM,},
year={2021},
pages={5-10},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010827900003168},
isbn={978-989-758-576-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Finance, Information Technology and Management - Volume 1: ICFITM,
TI - Analysis on the Internal Mechanism and Implementation Path of Digital Economy to Promote the Development of High Quality Industry
SN - 978-989-758-576-0
AU - Cao Y.
PY - 2021
SP - 5
EP - 10
DO - 10.5220/0010827900003168