Does the development of digital economy promote Chinese urban entrepreneurship

Abstract

With the accelerated layout of new infrastructure represented by data, 5G networks, artificial intelligence and other new technologies, the digital economy is in full swing in all fields in China. The digital economy development strategy has been aimed at boosting economic growth and industrial upgrading since it was put forward. Among them, digitalization to enrich factor supply, intelligentization to promote innovation and entrepreneurship, network to improve factor allocation efficiency, so as to stabilize foreign investment and promote foreign trade are the key areas of digital economy construction, which will greatly affect the development of regional economy, the transformation of old and new driving forces, as well as business models and investment decisions at the enterprise level. So, does the digital economy increase the level of entrepreneurial activity in cities? This unanswered question provides the main research direction for this paper, which will prove through scientific analysis and data that digital Economist Progress does drive urban employment.