China Policy Review

DIGITAL ECONOMY: THIRTEEN TURNING POINTS IN THE MILLENNIUM CHANGE

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Yang Peifang

Abstract: The digital economy is triggering the third major social mutation since the steam engine revolution and the electrical revolution. Only China's vague justice and multi-inclusive cultural genes have the potential to lead this social change. However, the key factor is whether the Chinese can grasp the new and old productivi­ty and production relations, the new and old social structure, the new and old core values, and the laws of the old and new economic ethics and philosophi­cal transforma­tion.

Keywords: Informatio­n Productivi­ty; Blockchain; Mutualism; Marginal Cost Goes to Zero; Social Rationalit­y; Multiple Cooperatio­n

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