What is the digital economy?

Digital economy is a new economic form based on a new generation of information technology after agricultural economy and industrial economy. Its main characteristics are: data is an important factor of production, network is an important carrier, and the application of information technology is the most important driving force. The concept of digital economy and its evolution have gone through three stages. The first stage, the exploration period. The concept of digital economy originates from the commercialization and development of the Internet, and is mainly used to refer to the new business models brought about by the development of the Internet-e-commerce and e-transaction. At the same time, the academic community has also launched a concept discussion. The second stage is the expansion period. Government policies began to help the digital economy, and the concept connotation expanded.

Digital economy includes daily bicycle enjoyment, take-away, internet finance, online shopping and so on. The digital economy is specific to the subdivision field, including the application of artificial intelligence and the development of the Internet of Things.