The Rise of China's Digital Economy: An Overview
Journal
Management and Organization Review
Type
journal article
Date Issued
2022-08-04
Author(s)
Abstract (De)
To stimulate a debate about the rise of China’s digital economy, this essay compares China and the US in one key area of the digital economy – e-commerce and internet-based services. China still lags behind the US in internet penetration, but it distinguishes itself by building a mobile-first, fiber-intensive, and inclusive digital infrastructure. A favorable infrastructure, innovations tailored to the large Chinese market, and local firms’ rapid commercialization of products and services turned the world’s largest domestic population into active online consumers, helping China overtake the US by a large margin in retail e-commerce and digital payment. While China translated digital
technologies into leading business-to-customer and customer-to customer businesses, it has not been so successful in business-to-business services. The US is still ahead in the general-purpose technologies underlying the digital economy.
technologies into leading business-to-customer and customer-to customer businesses, it has not been so successful in business-to-business services. The US is still ahead in the general-purpose technologies underlying the digital economy.
Language
English
Refereed
No
Publisher place
Management and Organization Review
Number
18
Start page
790
End page
802
Pages
12
Subject(s)
Division(s)
Eprints ID
267586
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the-rise-of-chinas-digital-economy-an-overview.pdf
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394.84 KB
Format
Adobe PDF
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