IDEAS home Printed from https://ideas.repec.org/a/taf/repsxx/v11y2023i4p419-440.html
   My bibliography  Save this article

Understanding the digital economy in China: Characteristics, challenges, and prospects

Author

Listed:
  • Terence Tai Leung Chong
  • Sizhu Wang
  • Ce Zhang

Abstract

This paper explores the distinct characteristics of China’s digital economy during its rapid growth over the past decade and sheds light on the transformative impact that the digital economy has had on the Chinese society. The findings reveal that China’s digital economy has experienced remarkable expansion in recent decades, driven by the convenience and efficiency it has brought about. Notable achievements include the development of robust digital infrastructure, the emergence of innovative digital finance, and the rapid growth of central bank digital currency. Throughout this digitalisation process, the government has played a pivotal role in driving and regulating the digital economy. Recognising the significance of digital transformation, the government has actively engaged in shaping policies and providing regulatory frameworks to foster a conducive environment for digital advancements and market regulation.

Suggested Citation

  • Terence Tai Leung Chong & Sizhu Wang & Ce Zhang, 2023. "Understanding the digital economy in China: Characteristics, challenges, and prospects," Economic and Political Studies, Taylor & Francis Journals, vol. 11(4), pages 419-440, October.
    • Handle: RePEc:taf:repsxx:v:11:y:2023:i:4:p:419-440
    DOI: 10.1080/20954816.2023.2269327
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20954816.2023.2269327
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20954816.2023.2269327?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:repsxx:v:11:y:2023:i:4:p:419-440. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/reps .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.