Abstract
The cybereconomy provides new momentum for the traditional economy, adds new formats and models, and is the main momentum for China’s economic progression. Therefore, the cybereconomy level of 30 provinces in China from 2011 to 2019 is measured by constructing a comprehensive index system and an econometric model to explore the impact of the cybereconomy on the marketization process and its internal mechanism. The results show that the cybereconomy has significantly promoted the development of the marketization process, and government intervention has inhibited the promotion of the cybereconomy to the marketization process. The research result has crucial academic and realistic significance to accelerate marketization, enhance the overall innovation ability, and build a modern socialist country.
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