The Study On The Relationship Between The Virtual Economy And Real Economy

This paper mainly based on existing research, to explore the relationship betweenvirtual economy and real economy. Fictitious economy is to point to in the credit system, thevirtual capital to financial system (financial instruments, financial institutions and financialmarkets) as main support, and circulation economy (transaction) activities. The virtualeconomy and real economy is a kind of interactive relationship: on the one hand, thedevelopment of virtual economy is constrained by the real economy, virtual economy andentity economy development based in. On the other hand, the virtual economy to the entityeconomy plays a great reaction. The performance of virtual economy movement is relativelyindependent; virtual economy through stock, bonds and other instruments of credit, canrealize the transformation of savings to investment, promote economic growth; virtualeconomy also has the wealth effect, so as to improve the people’s consumption level. But theneed to pay attention to, the virtual economy has side effects on the real economy, which maylead to the bubble economy. This paper also researches on the virtual economy (capitalmarket) and the relationship between the real economy and makes empirical analysis. Basedon the above, this paper on the basis of existing research results, analysis the developmentprocess of China’s main virtual economic market in recent years, explore the influencebetween virtual economy and real economy in China development, focusing on thecoordinated development of China’s fictitious economy and real economy problem, explorethe development of China’s virtual economy proportion with the economic entities, throughthe research of the coordinated development of scale, in order to the relevant departments inthe formulation of the monetary policy and fiscal policy is to provide decision-makingreference, and also provide a reference for related research of virtual economy.