12/28/2017

Digital China by McKinsey Global Institute

Jonathan Woetzel, Jeongmin Seong, Kevin Wei Wang, James Manyika, Michael Chui, and Wendy Wong, Digital China: Powering the economy to global competitiveness, McKinsey Global Institute,  December 2017
  1. China is home to dynamic digital innovators and is a leading global investor in the latest technologies
  2. Chinese industries lag behind their counterparts in advanced economies on digitization, but the gap is rapidly closing
  3. Three digital forces can potentially shift (and create) 10 to 45 percent of the industry revenue pool across players by 2030
  4. Policy makers can continue to facilitate the digital economy in a number of ways
  5. Best practices suggest six priorities for businesses as china digitizes

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