The Concept of China’s Light Industry Development by Means of Industry Clusters Creation and Digital Technologies
Zhen Yuan, Ludmila Nikolaevna Nikitina, Pavel Alekseevich Shikov, Yuriy Alekseevich Shikov
Available Online 24 April 2020.
- https://doi.org/10.2991/aebmr.k.200423.018How to use a DOI?
- industry cluster, strategic economic zone, light industry, digital economy
- The article discusses the development prospects of China’s light industry by forming strategic economic zones using textile enterprises as an example. SEZ are based on the concept of successful digital economy development by strengthening vertically and horizontally oriented industrial structures. The state of light industry enterprises is determined, which most closely corresponds to the needs of the market in the volume and range of products, taking into account the global distribution of labor. A search is made for that kind of areas of digital economy development that would ensure the continuous development of China’s light industry. The scope and depth of systemic problems in China’s light industry are investigated. The importance of light industry for the national economy of China, the importance of the digital economy, the need to use adequate methods and mechanisms for the industry development, which can provide a sustainable competitive advantage for light industry enterprises for many years, are determined.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Zhen Yuan AU - Ludmila Nikolaevna Nikitina AU - Pavel Alekseevich Shikov AU - Yuriy Alekseevich Shikov PY - 2020 DA - 2020/04/24 TI - The Concept of China’s Light Industry Development by Means of Industry Clusters Creation and Digital Technologies BT - Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020) PB - Atlantis Press SP - 79 EP - 87 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200423.018 DO - https://doi.org/10.2991/aebmr.k.200423.018 ID - Yuan2020 ER -