Trends in the development of China's digital economy in the postpandemic period

Abstract

With the COVID-19 pandemic beginning in 2020, the digital economy, based on the Internet of Things, big data, artificial intelligence and other next-generation information technologies, plays an indispensable role in stabilizing economic growth, boosting consumption, preserving living standards and enhancing government capacity. China has now made remarkable progress in combating the socio-economic impacts of the COVID-19 pandemic and is gradually entering a "post-pandemic period". This paper focuses on the post-pandemic period, analyzing the future trend of China's digital economy with the implementation of the "Outline of the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and Vision 2035 of the People's Republic of China". In addition, this paper also provides recommendations for optimizing the national economy using the tools of economic cybernetics. The study presents the author's position determining the direction of China's national digital economy as well as a new theoretical perspective on the development of the national digital economy in the post-pandemic period.