Proceedings of the III International Scientific and Practical Conference "Digital Economy and Finances" (ISPC-DEF 2020)

The Concept of China’s Light Industry Development by Means of Industry Clusters Creation and Digital Technologies

Authors
Zhen Yuan, Ludmila Nikolaevna Nikitina, Pavel Alekseevich Shikov, Yuriy Alekseevich Shikov
Corresponding Author
Zhen Yuan
Available Online 24 April 2020.
DOI
https://doi.org/10.2991/aebmr.k.200423.018How to use a DOI?
Keywords
industry cluster, strategic economic zone, light industry, digital economy
Abstract
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.

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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  -