Digital Economy Empowering the Role and Pathway to Common Prosperity

Authors

  • Hanyue Zhang
  • XiangLei Duan

DOI:

https://doi.org/10.54097/

Keywords:

Common Prosperity, Digital Economy, Chinese Characteristics

Abstract

The 20th National Congress of the Communist Party of China proposed that achieving common prosperity for all people is an essential requirement of Chinese-style modernization. This provides us with principles to understand the position and role of common prosperity in advancing the overall process of Chinese-style modernization, as well as a more solid foundation for promoting common prosperity for all people in the new era. The pace of pursuing common prosperity has become more determined and powerful. The primary advantage of the digital economy is its enabling effect, effectively promoting industrial upgrading and consumption synergies, continuously optimizing economic and social structures, and experiencing rapid development momentum in recent years. Empowering high-quality development through the digital economy serves as the foundation for achieving common prosperity. The digital economy promotes the enhancement of social production efficiency, facilitates the transformation of market behaviors, contributes to fiscal re-efficiency, and promotes balanced development to reduce regional disparities. Applying technologies such as big data and artificial intelligence in production, distribution, exchange, and consumption can stimulate organizational changes and institutional innovations in economic activities, which is of great significance for promoting common prosperity. Under the socialist system with Chinese characteristics, the digital economy has triple advantages in politics, systems, and governance in empowering common prosperity. The main pathways to achieve common prosperity through the digital economy include comprehensively regulating the supervision of the digital economy, promoting the improvement of public service quality and efficiency, and improving the employment security system to encourage innovation and entrepreneurship.

References

Liu Siyu. Xi Jinping's Thought Connotation, Philosophical Basis, and Value Implications on Common Prosperity [J]. Modern Business Trade Industry, 2023, 44(03): 1-3.

Song Caifa. Common Prosperity is a Solid Foundation for Building a Modern Socialist Powerful Country in an All-round Way [J]. Journal of Changsha University of Science and Technology (Social Science Edition), 2023, 38(01): 7-18.

Pang Jinju. Promoting Common Prosperity in the Construction of Socialist Modernization [J]. Review of Political Economy, 2022(1): 3-13.

Li Changjiang. A Preliminary Discussion on the Connotation of Digital Economy [J]. E-government, 2017(09): 84-92. DOI: 10.16582/j.cnki.dzzw.2017.09.009.

Ouyang Rihui. The Theoretical Evolution, Connotation Characteristics, and Development Laws of the Digital Economy [J]. Guangdong Social Sciences, 2023(01): 25-35+286.

Xie Kang, Xiao Jinghua. New Issues, New Characteristics, and New Laws of the Digital Economy Oriented to National Needs [J]. Reform, 2022(1): 85-100.

Duan Bo, Shao Chuanlin. Does the Digital Economy Aggravate Regional Disparities? Empirical Evidence from 284 Prefecture-level Cities in China [J]. World Geographical Research, 2020, 29(04): 728-737.

Zhang Xun, Wan Guanghua, Zhang Jiajia, et al. Digital Economy, Inclusive Finance, and Inclusive Growth [J]. Economic Research Journal, 2019(08): 71-86.

Xia Tian, Jingsong Pei. The Impact of Digital Economy on Employment Thinking Based on the Epidemic Situation in 2020 [J]. E3S Web of Conferences, 2021, 235(1 1): 30-34.

Zhang Yifang. Can Internet Trade Narrow Income Gap? Exploring Economic Issues, 2019(06): 50-58.

Lan Guanxiufeng, Wu Yating, Kuang Xianming. Development of Internet Trade and Income Distribution Gap [J]. Industrial Technology and Economy, 2020, 39(10): 107-115.

Zhang Lina, Lv Xiangwei, Ni Zhiliang. Research on the Income-increasing Effect of Digital Economy Driven by "Internet+" - Based on Data from the China Family Panel Studies (CFPS) [J]. Journal of Guangdong University of Finance and Economics, 2021, 36(03): 34-45.

He Dehua, Han Xiaoyu, Li Youzhu. Study on Consumers' Purchase Intention of Fresh Agricultural Products in E-commerce [J]. Journal of Northwest A&F University (Social Science Edition), 2014, 14(04): 85-91.

Liu Jiang, Zhao Xinghua, Cheng Rui. Research on the Threshold Effect of Digital Economy Improving Urban-Rural Income Gap [J]. Development Research, 2020, (06): 105-113.

Shi Bo, Hu Xijuan. The Mechanism and Path of Digital Economy Promoting Common Prosperity from the Perspective of High-quality Development [J]. Reform, 2022, (08): 76-86.

Li Xiaohua. New Characteristics of Digital Economy and the Formation Mechanism of New Momentum of Digital Economy [J]. Reform, 2019(11): 40-51.

Wang Yongyu, Wu Yubin. Digital Economy Empowers the New Development Pattern: Internal Mechanism and Policy Options [J]. Gansu Social Sciences: 1-10.

Wang Zhigang, Zhao Bin. Digital Finance Promotes the Modernization of National Governance [J]. Journal of Peking University (Philosophy and Social Sciences Edition), 2.

Downloads

Published

28-06-2024

Issue

Section

Articles

How to Cite

Zhang, H., & Duan, X. (2024). Digital Economy Empowering the Role and Pathway to Common Prosperity. Journal of Computing and Electronic Information Management, 13(2), 61-66. https://doi.org/10.54097/

Similar Articles

1-10 of 48

You may also start an advanced similarity search for this article.