A Case Study of Digitalization in China – Achievements, Driving Factors and Issues
Keywords:
Digitalization,, Digital economy,, Economic reforming,, Case study,, ChinaAbstract
China’s rate of digitalization its economy is the fastest in the world by integrating the evolving digital infrastructure and with the economy through collaboration between public and private sectors. The digitalization has affected the entire economy of its country. On the other hand, an issue lied with the technological and innovation advancement has caused a situation of being export-controlled by the US government. This article presents an overview of the digitalization in China, analyses driving factors of such achievement and investigates the effects on productivity, economic structure, employment, and inequality along with the imbalance issue in research and development which affects the foundation and sustainability in technological advancement in order to apply these findings as a case study for the digitalization of Thailand.
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