What is the significance of digital economy to China's economic and social development?

Digital economy refers to a series of economic activities with digital knowledge and information as the key production factors, digital information network as the important carrier, and digital communication technology as the important driving force to improve efficiency and optimize economic structure, covering * * * sharing economy, platform economy, e-commerce and other application forms.

The significance of developing digital economy includes: accumulating experience for global economic recovery and social progress; An important starting point for horizontal structural reform; An important leading force of the country's new competitive advantage; The general trend of scientific and technological revolution and industrial transformation; Realize the integration and extension of global value chain. Developing digital economy is an important support for building a new development pattern. Building a new pattern of development is a strategic layout and a first move that conforms to the development laws of big countries and grasps the initiative of future development.

Digital economy is an important support for smoothing economic cycle, activating development kinetic energy and enhancing economic resilience. Data has become an important productivity and key factor of production, permeating all links of production, distribution, exchange and consumption, leading labor, capital, land, technology, management and other factors to share, integrate intensively, develop synergistically and use efficiently, breaking through the blocking point of resource elements flow and greatly improving the efficiency of resource allocation in various fields of economy and society.

The rapid development of digital productivity has led to the transformation and adjustment of production subject, production object, production tools and production methods, driven the reconstruction of real economic system and paradigm shift, improved the quality and efficiency of supply, achieved a high-level dynamic balance between supply and demand, and improved the overall efficiency of economic development.

Digital economy helps to enhance economic resilience, promote the transformation of social organization model to platform and ecology, break the boundaries between industries and organizations, improve the level of cooperation among enterprises, and enhance the adaptability of industrial chain supply chain to the external environment. Under the dual influence of anti-globalization and epidemic impact, the digital economy has shown a contrarian growth trend, ensuring the health and stability of the economy and society.