The COVID-19 outbreak has brought unprecedented challenges to businesses, affecting their operations and performance to varying degrees. Moreover, the pandemic also highlighted the importance of digitalization for business development. In response, many businesses have accelerated their digitalization efforts in order to better adapt to dynamic changes in the market, furthering the development and application of various innovative technologies. The government has also introduced a series of measures and policies to encourage businesses to adopt new technologies within the commercial sector. In particular, the government has launched several assistance programmes targeting SMEs and their digital transformations.
This report highlights several key technologies, including cloud computing, Internet of Things, blockchain, 5G network, smart supply chain (smart manufacturing and smart logistics) and their current commercial applications. It provides an overview of the current use of new technologies, policy support as well as future development trends.
The content of this report is based on Blue Book of China's Commercial Sector (2021-2022) (in Chinese), which identifies major macro trends in China's commercial sector, calls for further developing the circulation sector and provides a comprehensive and authoritative account of the latest trends and issues. For other reports of the Bluebook Series, please click here.