Digital transformation is a journey that requires continuous leadership, strategic vision, and a commitment to change. It involves transforming the entire organisation’s culture, processes, and methods of working to embrace the digital era and maintain a competitive edge in a rapidly changing business environment.
The Central Committee of the Chinese Communist Party and the State Council issued “Opinions on Building a Data Basic System to Better Play the Role of Data Elements” in December 2022. Data elements are a crucial indicator for driving digital transformation, and maximising the value of digital elements during the digital transformation process has become a central concern.
With this, the China Academy of Information and Communications Technology’s (CAICT) foundation plan is in its early stages and is focused on digital transformation supply. This is to help the growth of industries related to digital transformation, speed up the development of the data factor market, and make the most of the important value of data as a production factor.
In addition, the “Panorama of High-Quality Digital Transformation Products and Services (2023)” collection was recently released and has gotten a lot of attention and involvement from the industry. At the moment, more than 200 businesses have taken part in work linked to this.
On the other hand, the CAICT foundation plan officially launched the collection of “typical cases” of high-quality digital transformation in 2023. This was done to give digital suppliers and buyers more information about best practices and benchmarking. “Typical Cases,” asks both the supply side and the demand side of digital change for examples of good ways to use digital technology or methods. Changes in the way and means of running the country.
For this set of “typical cases,” applicants must fill out the 2023 Application Form for High-quality Digital Transformation Typical Cases of the CAICT’s foundation programme. This form asks for basic information about the lead applicant, the declared products, and the basic results. The first group of shortlisted cases will be announced at the Digital Transformation Conference in July 2023, while the shortlisted cases for the whole year will be announced at the annual meeting at the end of December 2023.
Further, China’s digital transformation has seen stunning progress and has emerged as a significant strategic objective for the country. The nation has emerged as a global leader in digital innovation and adoption due to its large population, technological developments, and strong government support.
Also, the government’s active engagement in defining the digital landscape is one of the primary drivers of digital transformation in China. The Chinese government has put in place several laws and measures to encourage digitalisation across industries.
China’s digital transition is also being powered by the country’s flourishing tech industry. Several IT titans have pioneered breakthrough digital solutions and services in the country. E-commerce, mobile payments, and social media platforms have grown rapidly, changing customer behaviour and enabling new business models.
China has made tremendous advances in emerging technologies such as artificial intelligence (AI), big data analytics, and cloud computing. These technologies are being used to optimise operations, improve efficiency, and improve decision-making across industries such as healthcare, finance, manufacturing, and transportation.
China’s economy, society, and way of life have all been revolutionised by the advent of digital technology. It has sparked innovation, raised productivity, and increased China’s businesses’ overall competitiveness on a national and international scale.
