the real economy refers to economic activities such as the production and circulation of material and spiritual products and services. Including agriculture, industry, communications, business services, construction and other material production and service departments, but also including education, culture, knowledge, information, art, sports and other spiritual products production and service departments. The real economy has always been the basis for the survival and development of human society.

"Fictitious economy" is a new word that has only appeared in recent years. At present, the research on virtual economy in China is in the ascendant, and it is still in the stage of contending. At present, the formulation of' virtual economy' is rather chaotic. "Generally speaking, it can be summarized into four kinds of statements.

The first understanding: Cheng Siwei's definition

Cheng Siwei's definition is: "Virtual economy refers to the economic activities related to the circular movement in which virtual capital mainly relies on the financial system. Simply put, the real economy is the foundation of the virtual economy.

The emergence of the virtual economy is based on the emergence of money and the development of credit, while money and credit are the results of commodity production and exchange development, so there is no virtual economy without the development of the real economy. On the other hand, virtual economy and real economy do not develop synchronously, but have their own operating rules. So as to form a relatively independent economic activity field

the positive effect of virtual economy on the real economy

1. Promote the optimal allocation of social resources

2. Provide financial support for the real economy

3. Help to spread business risks

4. Help to restructure property rights and deepen enterprise reform

The negative impact of virtual economy on the real economy

1. Excessive expansion of virtual economy increases the real economy.