Quality Analysis and Regional Differences of the Digital Economy in China’s Provinces
Quality Analysis and Regional Differences of the Digital Economy in China’s Provinces
Mengjie Zhu
TLDR
The research reveals the regional disparities in China's digital economy development, with the east-ern region leading, the central region in the middle, and the western and north-eastern regions developing relatively slowly.
Abstract
This paper employs factor analysis to construct a comprehensive assessment system for the digital economy, providing a thorough evaluation of the digital economy development in China's 30 provinces and cities. The research reveals the regional disparities in China's digital economy development, with the east-ern region leading, the central region in the middle, and the western and north-eastern regions developing relatively slowly. Key factors influencing the level of digital economy development include the level of information technol-ogy de-velopment, technological innovation and R&D, application of informati-zation, and e-commerce development, as well as communication infrastructure and services. Cluster analysis further categorizes the provinces into five groups, of-fering valuable insights for policymakers and businesses. Based on these find-ings, the paper suggests strengthening digital infrastructure construction, pro-moting industrial digital transformation, enhancing digital innovation, and deepening regional cooperation to foster balanced development of China's digi-tal economy.
