Theoretical Mechanism and Practical Application Research of Metaverse Empowering Digital Economy Development

The digital economy is profoundly transforming production methods, lifestyles, and governance models, becoming a crucial force in reorganizing global resources, reshaping the global economic structure, and altering the global competitive landscape. As a comprehensive manifestation of a series of new technologies, the metaverse represents a new ecology and interaction mode, as well as a new advantage and growth point for the transformation and upgrading of the digital economy. However, the application of the metaverse in the digital economy is still in the preliminary exploration stage, and there is an urgent need to clarify its impact on the development of the digital economy and the specific mechanisms for empowering it. This paper reviews relevant literature from both theoretical mechanisms and practical applications, aiming to provide new insights into how the metaverse can promote the high-quality development of the digital economy.