Digital technologies and development of clusters in the light industry of the PRC
China has demonstrated during the last thirty years the highest and the most stable GDP growth rate. It has helped the country become the biggest world exporter and significantly increase the social standard of living. However, the growth potential within the boundaries of engineering capability exi...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2018-01-01
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| Series: | SHS Web of Conferences |
| Online Access: | https://doi.org/10.1051/shsconf/20184400078 |
| Summary: | China has demonstrated during the last thirty years the highest and the most stable GDP growth rate. It has helped the country become the biggest world exporter and significantly increase the social standard of living. However, the growth potential within the boundaries of engineering capability existing before has its limits and during the next 10-15 years the country will not be able to demonstrate the two-digit growth rate again. The same as the other industrially developed countries China has outlined the national prospects in the sphere of wide use of digital technologies. In this respect the development of textile sector of economics with more than 11 mln. people engaged is of a considerable interest. The article gives analysis to the new trends in industry development and offers new organizational models. It has been shown that in case of implementation of innovative development scenario and wide use of digital technologies the average annual growth rates in the period of 2018-2025 will be by 0.8 – 1.0 percentage points higher than in 2015-2016. |
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| ISSN: | 2261-2424 |