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| The Mechanism and Path of Digital Economy Promoting Common Prosperity |
| Shi Linna1,2,3,Chen Jin1 |
| (1.School of Economics and Management,Tsinghua University;2.Research Center for Technological Innovation,Tsinghua University, Beijing 100084, China;3.Sichuan Academy of Science and Technology for Development, Chengdu 610041,China) |
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Abstract In the new wave of scientific and technological revolution and industrial transformation, the digital economy represented by the Internet, big data, artificial intelligence, cloud computing, the Internet of Things, and blockchain is becoming increasingly important, and its integration with the real economy is accelerating. At present, the digital economy industry has become a pillar industry of the national economy. It plays a very significant supporting role in promoting economic growth, employment and common prosperity. The imbalance and inadequacy of social development are problems that need to be solved in the development of the digital economy and the realization of common prosperity. The digital economy not only provides strong impetus for high-quality economic development, but also provides a mechanism for joint construction and sharing to promote balanced development.#br#However, the existing research rarely combines the two national strategies of digital economy and common prosperity for analysis, and also lacks theoretical research, mechanisms of action and policy analysis on the interrelationship between the two. It is a long-term,arduous and complex work to realize common prosperity. In the context of China's new development stage and economic and social transformation and upgrading, it is of great practical significance to explore how to increase people's well-being and promote the realization of common prosperity.#br#In order to make up for the lack of academic research on the promotion of common prosperity by digital economy and realize theoretical innovation, this paper deeply analyzes the internal relationship between digital economy and common prosperity, systematically expounds the connotation of common prosperity and digital economy, and separately constructs a research framework. Then it analyzes the mechanism and theoretical logic of digital economy in promoting common prosperity, and summarizes the advantages and practical obstacles of digital economy in promoting common prosperity. Finally, from the perspective of digital economy, this paper condenses the path arrangements and policy measures to promote common prosperity. It has important theoretical and practical significance for expanding the digital economy, common prosperity theory and exploring new development paths.#br#Although the digital economy has certain risks and challenges in promoting common prosperity, such as digital divide, structural employment contradictions and social trust crisis, on the whole, the advantages of the digital economy in promoting common prosperity outweigh the disadvantages. This paper summarizes the important role of digital economy in promoting the realization of common prosperity in five aspects: the spillover effect of digital economy creates social wealth and consolidates the material foundation of common prosperity; the inclusive effect of the digital economy narrows the development gap and provides a platform for common prosperity; the integration effect of the digital economy is to smooth the double circulation and promote the optimal allocation of resources; the substitution effect of the digital economy changes the mode of production and accelerates the transformation of new and old kinetic energy; the innovative effect of the digital economy builds new national competitive advantages and helps the country become strong and the people become rich. Finally, this paper puts forward the path arrangement and policy measures for the digital economy to promote common prosperity, including improving people's livelihood, accelerating the construction of digital infrastructure, assisting rural revitalization, promoting the deep integration of digital technology and the real economy, and grasping the autonomy of digital economy development, so as to inject new impetus into the efficient realization of common prosperity.#br#
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Received: 01 May 2022
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