Real Economy

Corresponding to “virtual economy”.

Economic activities such as production and distribution of material and intellectual products and services. It includes material production and service sectors such as agriculture, industry, transportation and communication, commercial services, and construction, as well as the production and service sectors of intellectual products such as culture, knowledge, information, arts and sports. Real economy is relative to the virtual economy. Real economy is the basis for the existence and development of human society.

Real economy is the basis for the stable operation of a country’s economy. The state of development of the real economy is directly connected with people’s sufferings and livelihood and the existence of enterprises, and affects all aspects of social life. The more the economic structure goes through a period of profound revolutions, the more important is often a stable operation of the real economy for maintaining social and economic order.