The Impact of Manufacturing Digital Transformation on the Digital Economy in China
Ruiqi Gao ()
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Ruiqi Gao: The University of Sydney, ABS Business School
A chapter in Proceedings of the 2024 4th International Conference on Enterprise Management and Economic Development (ICEMED 2024), 2024, pp 290-304 from Springer
Abstract:
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.
Keywords: Manufacturing Digital Transformation; Digital Economy; Provincial Level; Panel Data Regression (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-506-5_32
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DOI: 10.2991/978-94-6463-506-5_32
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