With its rapid development speed, wide radiation range and unprecedented influence, digital economy is becoming a key force to reorganize global factor resources, reshape the global economic structure and change the global competition pattern.

On March 10, 2023, the Third Plenary Session of the First Session of the 14th National People's Congress was held, and the Institutional Reform Plan of the State Council was adopted by voting. According to this reform plan, China will set up a national data bureau to promote the planning and construction of digital China, digital economy and digital society from the aspects of "counting from east to west", "data 20" and "overall layout plan of digital China construction".

Digital economy under the new development mode

Digital economy is the main economic form after agricultural economy and industrial economy. The core element of digital economy is data resources, modern information network is its main carrier and digital technology is its driving force. The deep integration of digital technology and the real economy has continuously improved the level of digitalization, networking and intelligence of the economy and society, accelerated the reconstruction of economic development and governance models, and spawned a new economic form with more unity of fairness and efficiency.

Under the new development pattern, the digital economy is mainly reflected in the "four modernizations", that is, digital industrialization, industrial digitalization, data value and high governance efficiency. Among them, digital industrialization and industrial digitalization are the main productive forces of digital economy, data value is the production factor, and efficient data governance has become a new production relationship in the digital age.