Analysis of the Status of Digital Economy in China's Economy

Abstract

Digital economy is the hot point of the worlds financial and economic system. The combination of usage of financial technologies and innovation of that have a lightly prospect of the financial development. To know about the impact of digital economy on Chinese regional economic promotion, this essay will question two queries: What is the status of digital finance in the past and current China economy? What aspects of risks need to be avoided in developing process of digital economy? It will combine some cases and data in China firstly and then analysis them as well as giving conclusion and suggestion in the end. Finally, this paper gets a conclusion that digital economy will be the important part of not only Chinese economy but also the world economy. In order to build up an excellent environment for that, there are some factors that have to been paid attention to, including personal information leakage, financial fraud, technical unemployment risk, national essential data leakage and market monopoly.