A Research on Development Strategy of China's Digital Economy in the Post-COVID-19 Era

Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v2i5.501

Yutong He

Loughborough University, Loughborough, Leicestershire LE11 3TU, UK

Abstract

The COVID-19 epidemic outbreak in 2020 was a worldwide pandemic that continues to rage across the globe today. It has brought serious negative impact on the global economy and society, and caused a severe global economic recession. China’s government has always paid a great attention to digital economy development, especially during this epidemic, which has played a supporting role in the epidemic prevention and control and economic recovery. The Fourteenth Five-Year Plan and many policy documents emphasize to accelerate digital economy development. However, due to a late start and weak foundation, China is faced with problems such as imperfect systems and regulations related to the digital economy, severe digital security challenges, imbalanced and inadequate infrastructure construction of information and communication, lack of core technology innovation, and scarcity of professional talents. This paper puts forward relevant countermeasures and suggestions for the existing problems through analysis.

Keywords

digital economy, COVID-19, new infrastructure

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Copyright © 2021 Yutong He

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