The Insights of Japanese Street Stall Management and Cultural Design for the Development of China's Street Economy

Zhen Wu, Muyang Wu and Baidian Yan

International Journal of Business and Management, 2024, vol. 18, issue 6, 179

Abstract: In the development processes of many countries, changes in economic policies, insufficient driving forces for economic development, and financial crises leading to rising unemployment have resulted in the expansion of the street economy. As a significant component of informal employment, the street economy holds crucial significance in addressing livelihood issues and promoting urban economic growth. Therefore, measures and policies that regulate, guide, and support the development of the street economy need to be implemented. This paper, through the compilation of data and relevant research works on street economies in China and Japan, explores the relevance and insights of Japanese street stall management and cultural design for the development of China's street economy. It begins by discussing the background of Japan's street stall economy, conducting a detailed analysis of the effectiveness of its management models and the uniqueness of its cultural design, highlighting the advantages of Japanese street stalls. Next, it introduces the current status of China's street economy development and emphasizes the current attention on the "micro" economy, along with the pressing issues it faces. It then compares the street economies of both China and Japan, emphasizing the strengths of Japan's street economy and the shortcomings in China's low-carbon economic development. Taking into account the development status of China's street economy, it examines the relevance and insights for China's street economy development. Finally, it concludes by summarizing the significant potential of street economy development and suggests the importance of establishing clear legal provisions to positively influence its growth.

Date: 2024
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