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What Are the “New Infrastructure” and Related Values?

Zhenchuan Jiang, Xuanxuan Wang, Xun Gong, Xiang Zhang

2020Open Journal of Business and Management19 citationsDOIOpen Access PDF

Abstract

Recently, the “new infrastructure” is the most famous and popular word mentioned by both governments and individuals in Chinese economy area. The “new infrastructure” is not only a good driver to face the slumping economy, but also a necessary strategy for future development. It conforms to the future trend of economic and social development, adapts to China’s current stage of social and economic development and needs for transformation, and will become a new engine of social and economic development while strengthening weak links. The “new infrastructure” mainly refers to the new type of infrastructure related to the digital economy and energy industry. The development of the “new infrastructure” is meaningful to current society and development in the future. This paper introduces the definition and situation of the “new infrastructure” in China and shows the importance of it. The paper also tries to innovatively analyze it from both demand side and supply side and some possible issues.

Topics & Concepts

ChinaBusinessSlumpingDigital economyCritical infrastructureFace (sociological concept)Economic systemComputer scienceComputer securityEconomicsPolitical scienceSocial scienceSociologyGeologyWorld Wide WebGeomorphologyLawUnderground infrastructure and sustainability