Digital transformation of Chinese enterprises and public policy in Jiangsu province as an example

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Abstract

the purpose of the study is to analyse the digital transformation of Chinese enterprises in the framework of public policy implementation on the example of Jiangsu Province. The article reveals the current state of development of China's digital economy and identifies the indicators of digital transformation and modernisation of Chinese industry, agriculture and services. Based on the analysis of the scientific literature of Chinese and Russian researchers, a brief review of the historical development of China's regional economy is carried out and its main stages are highlighted. The efficiency of the digital transformation of Chinese enterprises in the framework of government policy has been assessed on the example of Jiangsu Province. It is concluded that the main government strategies for the development of digital economy in Jiangsu Province in the periods of the theory of coordinated regional economic development of Chinese enterprises are related to the establishment of special economic zones and national-level new development zones with preferential tax regimes and various kinds of government preferences, and are aimed at strengthening the leadership of Chinese enterprises in digital research and development, improving the development of digital industrial capacity, promoting the deep integration and development of new-generation information technology. The digital transformation of Chinese enterprises at the present stage aims to transform intelligent manufacturing and deepen the integration and development of next-generation information technology. The practical significance of this study lies in the possibility of applying the outlined Chinese experience of digital transformation of Chinese enterprises in the framework of state regional policy in Russian practice.

About the authors

Xinyi Zhang

St. Petersburg State University

References

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