Research on the effect of digital economy on the upgrading of Wenzhou's industrial structure
To explore the impact of digital economy development on the upgrading of Wenzhou's industrial structure,drawing upon an analysis of the mechanisms underlying the influence of digital economy growth on industrial restructuring,a digital economy measurement index system covering digital infrastructure,digital industrialization,and industrial digitization was constructed.Based on the data from Wenzhou from 2013 to 2022,the entropy weight method was used to analyze the level of digital economy development in Wenzhou.At the same time,the level of industrial structure in Wenzhou was measured to empirically analyze the impact of digital economy on industrial upgrading and rationalization,and to verify the mediating role of technological innovation in this process.Empirical analysis reveals that the digital economy notably facilitates industrial structure advancement,furthermore,it possesses the potential to indirectly spur industrial upgrading via technological innovations.Its indirect impact is almost equivalent to the impact brought by direct effects.Taking into account three major considerations:digitization in agriculture,digitization in industry,and the consolidation of the service industry,countermeasures and suggestions are proposed on how to empower Wenzhou's industrial transformation and upgrading with the digital economy.
digital economyindustrial structure upgradingtechnological innovation