Those who are not engaged in manufacturing, such as loan companies, pawn shops, trust companies, banks, securities companies, etc., can belong to the virtual economy; Factories, farms, processing plants, logistics express, shopping malls, and collection industries (such as oil companies and mining companies) can all be classified as industries. Simply put, virtual economy does not produce physical objects, but industrial production or circulation of physical objects.

What are the benefits of virtual economy?

1, improve the efficiency of social resource allocation and redistribution, and make it an indispensable part of modern market economy.

2, through the issuance and trading of relevant tickets, transparent enterprise financial information and other related information, guide the flow of funds, promote and adjust the allocation of economic resources among various real economic departments and enterprises, and improve economic efficiency.

3. Promote the improvement of enterprise organization system (for example, without equity decentralization and stock trading, there would be no modern joint-stock company and its internal governance structure), and at the same time, promote the dispersion of business risks in the real economic sector by providing various financial instruments.

What is the harm of virtual economy?

If the virtual economy exceeds or deviates from the demand of the real economy, the excess energy will disturb the normal economic environment and market prices, and bring great risks to the real economy. This is like people's expectation of real estate price is not based on its actual market value, but on a speculative psychology and imagination. Driven by the speculative psychology of chasing up and not chasing down, the price of real estate will continue to rise until the opposite expectation becomes mainstream, which will gradually turn the real property of real estate into financial property and form a huge asset bubble. In addition, excessive investment may also lead to economic bubbles, such as large-scale infrastructure construction and city-building movements across the country, because the "value" created by its actual capital cannot be realized, and the early virtual assets such as bank loans and local bonds become castles in the air. Securitized assets and financial derivatives are re-virtualized on the basis of virtual capital and have little connection with the real economy. For example, futures index trading and paper gold trading are more likely to form bubble assets.