This paper discusses the mechanism and path of digital economy enabling high-quality development in China, focusing on the relationship between digital economy and high-quality development. In empirical research, this paper selects several typical data of the digital economy as the entry point to measure how the digital economy affects high-quality economic development from the aspects of digital economy infrastructure, digital economy investment, digital science and technology indicators, and industrial growth. This result is always true after selecting statistical data and using principal component analysis. This paper promotes the research on the mechanism of enabling high-quality development of the digital economy, which is very helpful to clarify the understanding of the motivation and impact mechanism of high-quality development in the digital economy.

Wei Cao, Jialing Fan. Research on the Mechanism and Path of Digital Economy Enabling China's High Quality Development. Academic Journal of Business & Management (2023) Vol. 5, Issue 14: 149-158. https://doi.org/10.25236/AJBM.2023.051424.

[1] Don Tapscott. The digital economy: Promise and perilin the age of network and intelligence. k: McGraw-Hill, 1996.

[2] Wu Yilin. Construction of National Digital Competitiveness Index and International Comparative Study [J]. Statistical Research, 2019, 36 (11): 14-25

[3] Jing Wenjun, Sun Baowen. Digital economy promotes high-quality economic development: a theoretical analysis framework [J]. Economist, 2019, No. 242 (02): 66-73

[4] Xie Xianli, Shen Yan, Zhang Haoxing, etc. Can digital finance promote entrepreneurship— Evidence from China [J]. Economics (Quarterly), 2018,17 (04): 1557-1580

[5] Yao Yaojun, Chen Defu. The Rise of Rural Informal Finance in China: Theory and Empirical Research [J]. China Rural Economy, 2005 (08): 45-51

[6] Liang Bang, Zhang Jianhua. Can the development of digital inclusive finance stimulate innovation—Evidence from Chinese cities and SMEs [J]. Contemporary Economic Sciences, 2019, 41 (05): 74-86

[7] Zheng Xiyu. Research on China's Digital Economy Development Strategy in the Internet Era—Inspiration from the development experience of the United States and the European Union [J]. Southwest Finance, 2019, No. 461 (12): 53-60

[8] Ma Ru, Luo Hui, Wang Hongwei, etc. Study on Evaluation Index System and Measurement of High Quality Development of China's Regional Economy [J]. China Soft Science, 2019, No. 343 (07): 60-67

[9] Wang Zhibo. Ideas and policies for achieving high-quality development of China's regional economy - construction and analysis of evaluation index system based on high-quality development [J]. National Circulation Economy, 2019, No.2202 (06): 86-87

[10] Wang B. Research on the Mechanism of Digital Economy Driving the Highquality Development of Manufacturing[C]//E3S Web of Conferences. EDP Sciences, 2021. DOI:10.1051/E3SCONF/20212530 1051.

[11] Yao Zhenghai. Review on the Research Status of High quality Economic Development [J]. Science and Technology and Management, 2020, 22 (03): 81-87