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Digital Economy, E-commerce, and Digitalization

In: Handbook of E-commerce in China

Author

Listed:
  • Min Zuo

    (Beijing Wuzi University)

  • Shaoyi Song

    (Beijing Technology and Business University)

Abstract

Digitization is the process of converting traditional physical assets and value-creation activities into digital formats. By digitizing their operations and resources, organizations can offer services that are swifter, more precise, and tailored to individual needs. This transformation aims to enhance efficiency and reduce costs, enabling organizations to thrive amidst market volatility and consumer demands, thereby securing a competitive edge. Digitization lays the groundwork for the e-commerce and digital economy, establishing the essential conditions for their growth. This section delves into the interplay between digitization and e-commerce within the context of the evolving digital economy, examining how the transition to digital, or an organization’s digital transformation, influences various components of the e-commerce framework, including digital supply chain management and digital marketing strategies.

Suggested Citation

  • Min Zuo & Shaoyi Song, 2025. "Digital Economy, E-commerce, and Digitalization," Springer Books, in: Zheng Qin & Qinghong Shuai (ed.), Handbook of E-commerce in China, chapter 48, pages 1005-1040, Springer.
    • Handle: RePEc:spr:sprchp:978-981-96-7629-3_48
    DOI: 10.1007/978-981-96-7629-3_48
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