Research On The Impact Of Internet Development On China's Economic Growth

The year 2021 is the year when China meets two hundred years and the first year of the 14 th Five-Year Plan.The development of the Internet,has a history of three years,in the more than 30 years,not only the Internet has developed rapidly,the Internet has reached 990 million,this is an unprecedented number,at the same time,the Internet has infiltrated all aspects of people's production and life,the penetration rate reached more than 70 percent.The Internet economy has been fully reflected in enterprise production and people's life,which is related to China's livelihood plan and has become an important driving force for China's economic transformation in the new era.Therefore,starting from theoretical and empirical test,we first summarize the research methods and research processes,review the development laws of Internet economy concepts and related theories,and clarify the direction that Internet economy mainly affects economic growth.According to the principle of building the index system,a comprehensive evaluation system reflects the Internet economy,mainly from the four levels of network infrastructure construction,the level of Internet economic development support,Internet revenue and the application of network development.Des cri ptive statistics on the overall development scale of China's Internet economy,at all levels and the Internet penetration rate,and analyze the current situation of China's economic development in terms of economic aggregate,growth rate and industrial structure.For the empirical analysis part,factor analysis is used to measure the level of Internet economic development in various provinces,panel data model is used,the level of Internet economic development is taken as explanatory variable,and asset investment and employment are taken as control variables into the model.Gross domestic product(GDP)is used as explanatory variable to study the impact of Internet economy on economic growth.Finally,according to the research content,the countermeasures and suggestions are put forward,that is,to promote the development of "Internet real economy" and build local characteristic industries;to develop network trading and service platform with e-commerce as the focus;to promote the independent innovation ability of the Internet.