Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption.
The rapid advancement of digital technology and its widespread application have led to digitalization, personalization, and customization in the demand side of China's economy. Enhancing industrial resilience through new types of consumption is of great practical significance for expanding dome...
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| Format: | Article |
| Language: | English |
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Public Library of Science (PLoS)
2025-01-01
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| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0323101 |
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| _version_ | 1850134596181557248 |
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| author | Chao Han Hang Su |
| author_facet | Chao Han Hang Su |
| author_sort | Chao Han |
| collection | DOAJ |
| description | The rapid advancement of digital technology and its widespread application have led to digitalization, personalization, and customization in the demand side of China's economy. Enhancing industrial resilience through new types of consumption is of great practical significance for expanding domestic demand and promoting high-quality, sustainable economic growth in China. This study examines the impact of the Information Consumption Pilot City (ICPC) policy as a quasi-natural experiment on urban industrial resilience, employing the difference-in-difference (DID) method for empirical analysis. The findings reveal that the ICPC policy significantly enhances the level of urban industrial resilience. Heterogeneity tests indicate that this enhancement effect is particularly pronounced in eastern, central, and larger urban regions. Furthermore, the ICPC policy primarily strengthens urban industrial resilience through three mechanisms: information development, entrepreneurial agglomeration, and digital financial effects. This study contributes to the literature on new consumption and urban industrial resilience in the digital economy, evaluates the economic impacts of pilot policies on information consumption, and offers valuable implications for policymakers. |
| format | Article |
| id | doaj-art-b214d68e193c491987dcd409a0c97c22 |
| institution | OA Journals |
| issn | 1932-6203 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Public Library of Science (PLoS) |
| record_format | Article |
| series | PLoS ONE |
| spelling | doaj-art-b214d68e193c491987dcd409a0c97c222025-08-20T02:31:40ZengPublic Library of Science (PLoS)PLoS ONE1932-62032025-01-01205e032310110.1371/journal.pone.0323101Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption.Chao HanHang SuThe rapid advancement of digital technology and its widespread application have led to digitalization, personalization, and customization in the demand side of China's economy. Enhancing industrial resilience through new types of consumption is of great practical significance for expanding domestic demand and promoting high-quality, sustainable economic growth in China. This study examines the impact of the Information Consumption Pilot City (ICPC) policy as a quasi-natural experiment on urban industrial resilience, employing the difference-in-difference (DID) method for empirical analysis. The findings reveal that the ICPC policy significantly enhances the level of urban industrial resilience. Heterogeneity tests indicate that this enhancement effect is particularly pronounced in eastern, central, and larger urban regions. Furthermore, the ICPC policy primarily strengthens urban industrial resilience through three mechanisms: information development, entrepreneurial agglomeration, and digital financial effects. This study contributes to the literature on new consumption and urban industrial resilience in the digital economy, evaluates the economic impacts of pilot policies on information consumption, and offers valuable implications for policymakers.https://doi.org/10.1371/journal.pone.0323101 |
| spellingShingle | Chao Han Hang Su Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. PLoS ONE |
| title | Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. |
| title_full | Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. |
| title_fullStr | Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. |
| title_full_unstemmed | Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. |
| title_short | Can new consumption promote urban industrial resilience? Empirical evidence from pilot cities of information consumption. |
| title_sort | can new consumption promote urban industrial resilience empirical evidence from pilot cities of information consumption |
| url | https://doi.org/10.1371/journal.pone.0323101 |
| work_keys_str_mv | AT chaohan cannewconsumptionpromoteurbanindustrialresilienceempiricalevidencefrompilotcitiesofinformationconsumption AT hangsu cannewconsumptionpromoteurbanindustrialresilienceempiricalevidencefrompilotcitiesofinformationconsumption |