Digital Economy Enabling China's High-Quality Economic Development: Impact Paths, Opportunities and Challenges

Abstract

This paper concentrates on the topic of the digital economy that is enabling China's pursuit of high-quality economic growth, and provides a systematic review and analysis of the existing literature on the paths of influence, and the opportunities and challenges that may be faced in the process of influence. The academic community has conducted numerous studies on the correlation and mechanism of the two. However, a systematic literature review is lacking to sort out and summarize the relevant studies. This gap may hinder future research development in this field. The paper's findings demonstrate that the digital economy promotes economic development of high-quality from three perspectives: macro, medium, and micro. It concludes that the economy that is digital presents significant opportunities for poverty alleviation, sustainable development, entity integration, and enterprise management. However, it may also face challenges such as regional heterogeneity, lagging statistical methods, instability, and unsustainability. This systematic review will be useful for future scholars in the field to identify existing literature and research areas, and highlight the relative lack of research on the digital economy and China's economic development of high quality during the epidemic era. This suggests possibilities for future scholars to explore in depth.