PurposeThe study aims to take a step back and take the big picture of how digital capitalism is changing people's ways of living and production. On that basis, China should enhance its digital governance rationally and develop the digital economy efficiently, thereby bringing its socialist economy to new heights.Design/methodology/approachThe rise of digital capitalism in the 1990s has profoundly changed the ways of consumption, employment, production organization and investment in the realm of capitalism.FindingsDigital Capitalism has not changed the nature of capitalism, that is, exploitation and capital accumulation, which continue only in a more profound, extensive and covert way.Originality/valueFor the economy of socialist China to grow in the new era, China should tap into digital economy platforms, take a people-centered approach and let the people jointly develop the digital economy, share the fruits of development and participate in the governance of the digital economy. The government should leverage its modern digital governance and a high-quality digital economy to meet people's ever-growing demand for a better life.
The China–Africa Community with Shared Benefits is the cornerstone of the China-Africa Community with Shared Future. Since the beginning of the twenty-first century, through economic and trade cooperation, China and Africa have promoted the common economic and social development of both sides, and consolidated the material foundation of the China–Africa Community with Shared Benefits. The economic and trade cooperation between China and Africa has developed rapidly with remarkable achievements and great influence. This article fully affirms and reviews the great achievements of China–Africa trade and economic cooperation, points out that the China–Africa economic and trade cooperation still faces some challenges, but overall, the China–Africa economic and trade cooperation has an absolutely bright future and will become a persistence engine to build the Community with Shared Benefits. China's investment will further promote economic and social development in Africa, and the China–Africa Community with Shared Benefits will have a huge demonstration effect internationally.
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