Digital economy is an economic form in which human beings use big data (digitized knowledge and information) to identify, select, filter, store, and use, to guide and achieve rapid and optimal allocation of resources and regeneration, and to achieve high-quality economic development.

1, the essence of the digital economy

The essence of the digital economy lies in informationization. Informatization is a social and economic process caused by the revolution of computers and the Internet and other means of production of the industrial economy to the information economy. Specifically, informatization includes the industrialization of information technology, the informatization of traditional industries, the informatization of infrastructure, and the informatization of lifestyles.

The industrialization of information and the informatization of industry, i.e., the two major aspects of information production and application, are the key to it. Information production requires the development of a series of high-tech information technology and industry, involving both microelectronic products, communications equipment and facilities, computer hardware and software, network equipment manufacturing and other fields, and information and data collection, processing, storage and other fields; information technology in the economic field of the application of information technology is mainly manifested in the use of information technology to transform and enhance the traditional industries, such as agriculture, industry, services and so on.

2. The digital economy includes

At the technical level, it mainly includes emerging technologies such as big data, cloud computing, blockchain, artificial intelligence, 5G communications, and the Internet of Things. At the application level, new retail and new manufacturing are its main application areas.