Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)

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Macroeconomic Impact of Smart City Development

Authors
Ziruo Yang1, *
1College of Liberal Arts & Science, University of Illinois Urbana-Champaign, Urbana, USA
*Corresponding author. Email: ziruoy2@illinois.edu
Corresponding Author
Ziruo Yang
Available Online 3 July 2025.
DOI
10.2991/978-94-6463-748-9_126How to use a DOI?
Keywords
Smart City; Industrial Upgrading; Regional Economic Development; Employment; Efficiency of Urban Governance
Abstract

This paper studies the impact of smart cities on the macroeconomy, mainly from three aspects: industrial upgrading, regional economic development, and the labor market. Firstly, this paper introduces the definition of smart cities, five main characteristics, and three development processes. Secondly, this paper explores the positive impact of scientific and technological progress on the production and service industries, the replacement of traditional industries, and new positions. Meanwhile, this paper believes that scientific and technological progress promotes the improvement of the talent market and the formation of intelligent transportation systems. Thirdly, the establishment of a large data pool, policy support, and practical efforts are all conducive to economic growth. Fourthly, the emergence of emerging jobs, talent training, and barrier-free information circulation help reduce income differences and equal employment opportunities, respectively. At the same time, female entrepreneurs will also receive greater support in smart cities. Finally, the case study of the construction of Smart Qingdao reflects the importance of information sharing, increasing public participation, and paying attention to local characteristics.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 July 2025
ISBN
978-94-6463-748-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-748-9_126How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ziruo Yang
PY  - 2025
DA  - 2025/07/03
TI  - Macroeconomic Impact of Smart City Development
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 1169
EP  - 1177
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_126
DO  - 10.2991/978-94-6463-748-9_126
ID  - Yang2025
ER  -