2. The real economy refers to the economic activities such as the production and circulation of various material and spiritual products and services, including the material production and service departments such as agriculture, industry, transportation and communication, commercial services and construction, as well as the production and service departments of spiritual products such as education, culture, knowledge, information, art and sports.
3. "Real economy" refers to human production, service, circulation and consumption activities. "Production" is a broad concept, which includes not only material production, but also cultural production, such as education, culture, art and sports.
4. The real economy refers to the economic activities that directly produce and circulate materials, such as agriculture, industry, commerce, transportation, etc. Virtual economy refers to the business activities of various securities issuance and trading. Virtual economy depends on the existence of the real economy, which in turn serves the real economy.
5. In the modern market economy, the so-called real economy refers to the economic activities that describe the production and sales of material materials and directly provide services for it. The so-called virtual economy refers to the holding and flow of virtual capital, including both traditional financial assets such as stocks, bonds and foreign exchange, as well as various derivative financial instruments derived from financial innovation.
6. The author calls this process the real economy, while the virtual economy refers to the economic activities related to the virtual capital circulation movement mainly relying on the financial system. At this time, monetary capital can make a profit without going through the real economic cycle.
7. The real economy refers to the price system supported by cost and technology. Therefore, the distinguishing standard between virtual economy and real economy is the difference of asset pricing behavior, not the difference of industry or the difference of physical field and financial field.
8. The so-called real economy refers to the production, sales and related services of material products and spiritual products. The logistics of manufacturing enterprises refers to the raw materials (including raw materials, semi-finished products, purchased parts and fuel) entering the factory.
Characteristics and functions of the real economy
Traditionally, the real economy refers to those departments or industries that are related to the national economy and people's livelihood. The most typical ones are machinery manufacturing, textile processing, construction and installation, petrochemical smelting, planting and mining, transportation and so on. The characteristics of the real economy can be summarized as follows: tangible, dominant, carrier and decline. Then, what is the role of the real economy with the production and operation activities of material materials in the process of national economic development?
Its function can be summarized as follows:
1. Provide basic living materials. Throughout the ages, even forever, people always have to eat, dress, move, live, see a doctor, relax and so on. And the basis for ensuring the continuation of these activities is various means of subsistence. Then, these means of subsistence are produced by various real economies. If the production activities of the real economy stop, then people's various consumption activities will not be guaranteed.
2. The role of improving people's living standards. Similarly, throughout the ages, even forever, people should not only survive, but also develop, that is, people should not only live, but also live better. The material conditions for ensuring people's better life are created by various higher-level real economies. If the more advanced production activities of the real economy stop, then people will fundamentally lose the foundation for improving their living standards.
3. The role of improving people's comprehensive quality. Similarly, throughout the ages, even forever, people should not only live a better life, but also improve their own quality in an all-round way, that is, people should not only have a high-level material life, but also a high-level spiritual life. The material premise of ensuring people's high-level spiritual life is also provided by various real economies with special attributes. If some special activities in the real economy stop, people will fundamentally lose the foundation for enhancing their comprehensive quality.
The Relationship between Fictitious Economy and Real Economy
The relationship between virtual economy and real economy can be summarized as follows: real economy depends on virtual economy, and virtual economy depends on real economy. The following are discussed separately.
1. The real economy depends on the virtual economy. This is manifested in three points: first, the virtual economy affects the external macro-management environment of the real economy. In order to survive and develop, the real economy must have a good external macro-management environment besides its own internal management environment. This external macro-management environment includes the total amount of funds, fund raising and fund circulation of the whole society. How these aspects will greatly affect the survival and development of the real economy, and these are directly or indirectly related to the virtual economy. Therefore, the development of virtual economy will greatly affect the external macro-management environment of real economy. Second, the virtual economy has increased the stamina of the development of the real economy. To operate the real economy, especially to develop, the first condition is that there must be enough funds. So, where do all kinds of real economy funds for development come from? There are only two ways: one is to lend to various financial institutions with banks as the main body; The other is to raise funds by issuing stocks, bonds and other securities. Judging from the development trend, comparatively speaking, it will be more realistic, more convenient and faster to solve the problem of funds needed for the development of the real economy through the second way. In this way, the virtual economy has increased the stamina for the development of the real economy. Third, the development of virtual economy restricts the development of real economy. Historically, the development of virtual economy has gone through five stages, namely, capitalization of idle currency, socialization of interest-bearing capital, marketization of securities, internationalization of financial market and international financial integration. Facts have proved that different stages of the development of virtual economy have different influences on the development of real economy, that is, the higher stage of the development of virtual economy has greater influence on the development of real economy than the lower stage of the development of virtual economy. On the contrary, it will become smaller.
2. The virtual economy depends on the real economy. This is also manifested in three points: first, the real economy provides a material basis for the development of the virtual economy. Virtual economy is not a myth, but a reality. So it's not hanging in the sky, but standing on the ground. This fundamentally determines that its emergence and development must take the real economy as the material condition. Otherwise, it will be a castle in the air without touching the sky or the ground. Second, the real economy has put forward new requirements for the virtual economy. With the progress of the overall economy, the real economy must also develop to a higher level. Otherwise it will "disappear" faster. The new requirements of the real economy for the virtual economy in its development process are mainly manifested in the degree of marketization of securities and the degree of internationalization of financial markets. It is precisely because the real economy has put forward a series of new requirements for the virtual economy in its development process that it can be produced, especially developed. Otherwise, the virtual economy will become rootless. Third, the real economy is a sign to test the development degree of the virtual economy. The starting point and destination of virtual economy are the real economy, that is, the original intention of developing virtual economy is to further develop the real economy, and the final result is to serve the real economy. Therefore, the development of the real economy itself shows the degree of development of the virtual economy. In this way, the real economy has naturally become a symbol to test the degree of development of the virtual economy.
To sum up, there is an extremely close interdependence and mutual promotion between the virtual economy and the real economy. No one can leave them, at least for a long time.