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The digital technology has injected new vitality into the development of enterprises, which is conducive to promoting the development of enterprises to improve quality and efficiency. Based on measuring the comprehensive index of enterprise digitisation and enterprise vitality, this paper discusses the influence and mechanism of digital transformation on enterprise vitality. It is found that digital transformation has a positive promoting effect on enterprise vitality, and with the improvement of the level of development vitality, it shows a marginal increasing trend, but with the evolution of the enterprise life cycle, it shows a marginal decreasing trend. Mechanism analysis shows that digital transformation promotes the vitality of enterprises mainly by improving productivity, alleviating information asymmetry and improving resource allocation. With the improvement of regional market integration, institutional quality, scientific and educational resources and industrial upgrading, digital transformation plays a more important role in promoting the vitality of enterprises. There exists obvious industry concentration, executive background and property right nature heterogeneity. The conclusion of this paper provides a series of empirical evidence for enterprises to digitally release their vitality and promote the high-quality development of enterprises. [ABSTRACT FROM AUTHOR]

The low-carbon economy represents a global transformation that encompasses production methods, lifestyles, values, national interests, and the destiny of humanity. As a significant contributor to carbon emissions, China has made a momentous strategic decision on carbon peaking and neutralization, infusing momentum into the global effort to address climate change. The rapid growth of the digital economy offers a fresh approach to achieving the "double carbon" objective and advancing the development of low-carbon transformation. Based on the panel data of 30 provinces in China, this paper uses the least square method to investigate the impact of digital economy development on regional low-carbon inclusive development. It is found that there is a significant inverted U shape in the impact of the digital economy on low-carbon inclusive development and the mechanism is resource allocation and ecological inequality. The threshold test found that the role of the digital economy in promoting low-carbon inclusive development shows a marginal decreasing trend. The inverted U-shaped impact of the digital economy on low-carbon inclusive development in the eastern and coastal areas and areas with a low level of factor productivity is more significant. Based on the knowledge factor spillover perspective, we found that the impact of the digital economy on low-carbon inclusive development has a spatial spillover effect, and this effect is more obvious under the role of R&D personnel mobility. [ABSTRACT FROM AUTHOR]