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Published in:
2021 | OriginalPaper | Chapter
2. Digital Economy as a New Driver for Growth
Authors : Ma Huateng, Meng Zhaoli, Yan Deli, Wang Hualei
Published in: The Chinese Digital Economy
Publisher: Springer Singapore
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Abstract
The G20 Digital Economy Development and Cooperation Initiative points out that the digital economy, an ever-increasingly important driver for global economic growth, is experiencing its rapid growth and fast innovation. The digital economy is playing a vital role in accelerating economic development, increasing the labor productivity in the existing industries, cultivating new markets and new growth drivers in industries, and achieving inclusive growth and sustainable development.