The Role of Digital Economy in China's Economic Transformation: Opportunities and Challenges
Year: 2025
Type: article
Abstract: The digital economy has become a cornerstone of China’s economic transformation, driving innovation, productivity, and sustainable growth. Over the past two decades, China has emerged as a global leader in digitalization, with rapid expansion in e-commerce, artificial intelligence (AI), fintech, and big data applications. This paper examines the role of the digital economy in reshaping China’s industrial structure, improving business efficiency, and enhancing global competitiveness. It also highlights the major opportunities arising from digital innovation, such as job creation and rural revitalization, alongside challenges including digital inequality, cybersecurity concerns, and regulatory constraints. The findings indicate that China’s digital transformation is both a driver and a product of its broader economic reform, requiring continuous policy adaptation and balanced growth strategies to ensure inclusivity and sustainability.
Author: Munazza Jamshed Khan1, MD Shafiqul Islam2*
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7105797953
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