The new economy, as a brandnew economic form, covers new technologies, factors, products, models, formats, and new industries.The theoretical mechanism that the new economy drives highquality development of our country’s economy lies in the fact that the new economy can improve the basic capabilities of industry, improve the level of industrial chain modernization, and form high-quality growth points, thereby promoting the highquality development of our economy. According to a descriptive analysis of the development status of China’s new economy, whether it is the network economy, digital economy or artificial intelligence economy in the new economy has shown a trend of rapid development. However, the further development of China’s new economy still faces a series of constraints, for example in imperfect digital infrastructure construction, the lagging of industrial policies, the lack of effective technology supply, and an inadequate talent training system. Based on this, the path for China’s new economy to drive highquality development in China lies in strengthening digital infrastructure construction and promoting the indepth combination of informationization and industrialization in the new economy, using new economy to consolidate the basic capabilities of the industry, and promoting the improvement of industry quality and efficiency. It should promote the transformation of the traditional economy by the new economy and increase the vitality of the traditional economy. With enterprises and entrepreneurs as the main body, the market vitality of new economic development will be released.The combination of independence and openness will accelerate the development of China’s new economy through opening up.

new economy; highquality economic development; digital economy; network economy; artificial intelligence economy