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Digital economy in a broad sense refers to
Digital economy in a broad sense refers to a series of economic activities with the use of digital knowledge and information as the key production factors, the modern information network as the important carrier, and the effective use of information and communication technology (ICT) as the important driving force to improve efficiency and optimize economic structure.

The broad definition of digital economy first appeared at the G20 Hangzhou Summit in 20 16. On this basis, China Information and Communication Research Institute finally defined the digital economy as a new economy with digital knowledge and information as the key production factors, digital technology as the core driving force and modern information network as the important carrier. Through the deep integration of digital technology and real economy, the level of digitalization, networking and intelligence of economy and society will be continuously improved, and the economic development and governance mode will be accelerated.

development trends

From the inclusive perspective of economic digitalization, the connotation and essential characteristics of digital economy can be clearly expounded. The development of digital economy is conducive to the digital transformation of traditional agriculture, driving agriculture from the orientation of supply, increasing production and small-scale operation to the orientation of demand, upgrading quality and moderate scale, promoting the transformation of industrial quality and production mode, promoting the upgrading and efficiency of rural economy, and realizing the growth of family income.

Digital economy is a new economic form that creates social wealth, and will continue to empower the economy to achieve high-quality development. In the era of digital economy, the four links of production, circulation, distribution and consumption in the process of social production are all realizing digital transformation. Among them, digital productivity provides new impetus for high-quality economic development, digital circulation improves the efficiency of capital turnover and value realization, the inclusive effect of digital distribution can optimize the income distribution structure, and digital consumption will boost industrial transformation and upgrading and further expand domestic demand.

Reference to the above content: Baidu Encyclopedia-Digital Economy