Abstract

At present, China is only one step away from crossing the "middle-income trap", which has become a common concern in the industry and academia. Meanwhile, the booming digital economy based on big data, blockchain and artificial intelligence provides an important opportunity for China's economy to "overtake". This paper answers how the digital economy can help China cross the "middle-income trap" from the demand side and the supply side respectively, as well as some thoughts on the policy regulation of the digital economy by government departments in this process, and provides policy suggestions for China to use the digital economy to cross the "middle-income trap".

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.