Analysis of the Impact of the New Infrastructure on Economic Growth - - Based on Empirical Test Charging Pile of New Energy Vehicles

Abstract

Nowadays, with the digital economy gradually involving in the original economic state in China, Chinese industries have been undergoing economic transformation and upgrading. Specifically, Chinese society has a stronger demand for new information technologies such as 5G, big data and artificial intelligence accordingly. In the future, the new infrastructure is expected to play a key role in the high-quality development of China's economy. Based on the information above, this paper summarizes the current academic research on the new infrastructure and explains the transmission mechanism of it to promote economic growth from six different effects. To verify the theory, this paper takes the charging pile of new energy vehicles as an example, using regression analysis of China's provincial panel data from 2016 to 2020 to draw a significant positive conclusion, which is aimed to better meet the new infrastructure era and realize a new round of great development.