Research on the Development of Digital Economy and Changes in Regional Industrial Agglomeration

With the rapid advancement of digital technology, digital economy has become a new driving force for Chinese economic structures. This study mainly focuses on the impact of the digital economy on regional industrial agglomeration, and moderating impacts of digital economy development on changes in service industry agglomeration levels. The results indicate that the development of the digital economy significantly inhibits the agglomeration of first and second industries while notably promoting the agglomeration of third industries. Moreover, the level of foreign investment partially mediates the influence of the digital economy on regional third industry agglomeration, whereas the degree of development of logistics positively moderates this relationship. This research aids local governments could help to guide the development of the digital economy to better serve the real economy.