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The Impact of Manufacturing Digital Transformation on the Digital Economy in China

In: Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024)

Author

Listed:
  • Ruiqi Gao

    (The University of Sydney, ABS Business School)

Abstract

Developing the digital economy has emerged as a strategic imperative for China, serving as a key driver of high-quality economic growth. This shift has unlocked numerous opportunities for advancing the manufacturing sector. This study, spanning from 2011 to 2021 and covering 30 provinces in China, delves into the nexus between the digital economy and manufacturing transformation, yielding the following findings: (1) The digital economy’s development positively influences the digital transformation of manufacturing, a conclusion reinforced by rigorous robustness tests. (2) Regional disparities reveal varying impacts of the digital economy on manufacturing transformation, with the Eastern region notably benefiting from a stronger digital economy-driven impetus compared to other areas. These insights offer valuable guidance for facilitating the transformation of the manufacturing sector as China’s digital economy develops.

Suggested Citation

  • Ruiqi Gao, 2024. "The Impact of Manufacturing Digital Transformation on the Digital Economy in China," Advances in Economics, Business and Management Research, in: Hongbing Cheng & Sikandar Ali Qalati & Noor Sharoja Binti Sapiei & Mazni Binti Abdullah (ed.), Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024), pages 290-304, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-506-5_32
    DOI: 10.2991/978-94-6463-506-5_32
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