The Influence of the Development of Digital Economy on the Structural Upgrading of Manufacturing Industry in China
DOI:
https://doi.org/10.54097/fbem.v5i3.1903Keywords:
Digital Economy, Manufacturing industry, Structural UpgradingAbstract
Throughout the process of global industrial change, technological progress has been the core decisive force. Every technological progress has been accompanied by a substantial increase in productivity, and realized the transformation and upgrading of traditional industries through the deep integration of technological innovation and traditional industries, forming a new industrial form. At present, China is in the critical stage of economic structural transformation. Digital economy, as a new economic form, provides new opportunities for the transformation and upgrading of manufacturing industry. The configuration effect of the digital economy not only changes the way of knowledge acquisition, but also improves the efficiency of factor allocation, which can bring significant economic effects. Therefore, it is of great significance to seize the opportunity of the new round of digital technological revolution to realize the transformation and upgrading of manufacturing industry.
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