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CPS1858 Wei Gang et al.
                  digital  economy".  In  1997,  Japan's  MITI  began  to  use  the  term  "digital
                  economy".  In  1998,  U.S.  Department  of  Commerce  issued  the  report  The
                  Emerging Digital Economy. Since then, it has continued to concern about the
                  "new economy" phenomenon closely related to Internet technology, and has
                  released  a  number  of  annual  research  results  under  the  theme  of  "digital
                  economy".  China  also  attaches  great  importance  to  the  promotion  on
                  economy and society brought by information and communication technology,
                  but didn't put forward the concept until recent years. In the Report on the
                  Work of the Government of 2015, "Internet +" was first proposed, to accelerate
                  further  development  of  "Internet  +"  by  promoting  the  role  of  Internet  in
                  integration  and  innovation.  Additionally,  the  requirement  to  accelerate  the
                  growth of digital economy was also put forward therein. In 2018, the central
                  government issued Outline of Digital Economy Development Strategy, and
                  Qingdao also issued Digital Shandong Development Plan (Exposure Draft).
                                                                      th
                      A, Digital economy emerged at the end of the 20  Century and obtained
                  competitive  development  in  various  countries.  Especially  in  recent  years,
                  because  of  the  deep  integration  of  information  technology  and  network
                  technology, digital economy has boomed and become an important engine
                  for the development of "new economy."
                      (I) Implicationof digital economy
                      1.  Definition. This paper considers that digital economy mainly refers to
                          a series of economic and social activities that take digital knowledge
                          and information as the key production factors, take the innovation of
                          digital technology as the core driving force, take modern information
                          network  as  the  important  carrier,  to  create  new  industries,
                          continuously improve the digitalization and intellectualization levels
                          of  traditional  industries,  and  accelerate  the  reconstruction  of
                          economic  and  social  development  and  government  governance
                          modelsthrough  the  in-depth  integration  of  digital  technology  and
                          real economy.
                      2.  Main contents. Digital economy covers digital industrialization and
                          industrial digitalization. Digital industrialization is also known as the
                          basic part of digital economy, which means that the information and
                          communication industry, including electronic information production,
                          telecommunications, software and information technology services,
                          the  Internet  and  related  services,  need  to  be  digitized.  Industrial
                          digitalization is also known as the integrated part of digital economy,
                          which  means  the  increase  in  production  quantity,  quality  and
                          production  efficiency  brought  about  by  the  application  of  digital
                          technology in traditional industries, and its new output constitutes an
                          important part of the digital economy, including "digital+" primary
                          industry, "digital+" second industry, and "digital+" tertiary industry,

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