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Volume 53 Issue 12
March 2022
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Citation: Hutao YANG. Construction of the New Development Paradigm and Development of Digital Economy: Internal Logic and Policy Focus[J]. Academic Monthly, 2021, 53(12): 60-73. shu

Construction of the New Development Paradigm and Development of Digital Economy: Internal Logic and Policy Focus

  • The establishment of new development paradigm as strategic orientation is not only a choice based on the change of the internal and external conditions, but also an active adaptation to the reshaping of global division of Labor and Trade Order caused by digital technology. From the perspective of the movement of social general capitals, the construction of a new development paradigm and the development of the digital economy are an organic and inseparable whole. the new development paradigm needs to provide the necessary conditions for the development of the digital economy, in turn, the development of the digital economy should also focus on promoting the dominant position of the internal circulation, consolidating the synergy relationship between the internal and external circulation, upgrading the value chain while improving the domestic supply chain and the industrial chain, keep the parallel growth between labor income and labor productivity. At the micro, medium and macro levels, the development of digital economy is characterized by digital transformation, general purpose technology diffusion and digital technology -economic paradigm shaping, in the process of promoting the development of digital economy under the guidance of Construction of the new development paradigm, at the micro level, the key lies in promoting the digital transformation of enterprises through competition policy and the supply of public goods, at the medium level, the Critical factor is promoting the diffusion of general purpose technology and the sectoral restructuring through industrial synergy, At the macro level, we should focus on the growth efficiency of the new technological economic paradigm can be fully released and the dividends can be fully shared through appropriate socio-political paradigm
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          Construction of the New Development Paradigm and Development of Digital Economy: Internal Logic and Policy Focus

          Abstract: The establishment of new development paradigm as strategic orientation is not only a choice based on the change of the internal and external conditions, but also an active adaptation to the reshaping of global division of Labor and Trade Order caused by digital technology. From the perspective of the movement of social general capitals, the construction of a new development paradigm and the development of the digital economy are an organic and inseparable whole. the new development paradigm needs to provide the necessary conditions for the development of the digital economy, in turn, the development of the digital economy should also focus on promoting the dominant position of the internal circulation, consolidating the synergy relationship between the internal and external circulation, upgrading the value chain while improving the domestic supply chain and the industrial chain, keep the parallel growth between labor income and labor productivity. At the micro, medium and macro levels, the development of digital economy is characterized by digital transformation, general purpose technology diffusion and digital technology -economic paradigm shaping, in the process of promoting the development of digital economy under the guidance of Construction of the new development paradigm, at the micro level, the key lies in promoting the digital transformation of enterprises through competition policy and the supply of public goods, at the medium level, the Critical factor is promoting the diffusion of general purpose technology and the sectoral restructuring through industrial synergy, At the macro level, we should focus on the growth efficiency of the new technological economic paradigm can be fully released and the dividends can be fully shared through appropriate socio-political paradigm

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