Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0059
Zhuohui Zhao
Due to economic growth, the cultural industry's rapid expansion, and advancements in science and technology, Perfect Word, a game company, utilized financial leverage to establish Perfect Film and Television and enter the film and television industry. This move resulted in significant profits because their film and television productions gained immense popularity among viewers. The goal of this study was to investigate the factors that contributed to Perfect World's achievements in the film and television industries. This paper examines Perfect Film and Television's precise measures, using it as a case study, and evaluates its financial statistics and the accolades it has received. The primary factor contributing to its success lies in the company's foundation of producing top-notch content, consistently broadening its distribution platforms, and venturing into international markets. To achieve further growth, Perfect Film and Television can strategically establish a comprehensive industrial chain, leverage digital technologies to broaden distribution channels, and establish a distinct traditional cultural brand. The factors that contributed to this study's success can serve as a blueprint for the expansion of other film and television enterprises.
随着经济的发展、文化产业的迅速壮大以及科学技术的进步，游戏公司 Perfect Word 利用财务杠杆成立了完美影视公司，进军影视业。此举带来了可观的利润，因为他们的影视作品受到了观众的极大欢迎。本研究的目的是调查促成完美世界在影视业取得成就的因素。本文以完美影视公司为案例，研究了该公司的精确措施，并对其财务统计数据和所获荣誉进行了评估。公司成功的主要因素在于其制作一流内容、不断拓宽发行平台和进军国际市场的基础。为了实现进一步发展，完美影视可以战略性地建立完整的产业链，利用数字技术拓宽发行渠道，并树立鲜明的传统文化品牌。本研究的成功因素可以作为其他影视企业扩张的蓝图。
{"title":"Analyzing the Successful Reasons on Perfect Film and Television","authors":"Zhuohui Zhao","doi":"10.54254/2754-1169/102/2024ed0059","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0059","url":null,"abstract":"Due to economic growth, the cultural industry's rapid expansion, and advancements in science and technology, Perfect Word, a game company, utilized financial leverage to establish Perfect Film and Television and enter the film and television industry. This move resulted in significant profits because their film and television productions gained immense popularity among viewers. The goal of this study was to investigate the factors that contributed to Perfect World's achievements in the film and television industries. This paper examines Perfect Film and Television's precise measures, using it as a case study, and evaluates its financial statistics and the accolades it has received. The primary factor contributing to its success lies in the company's foundation of producing top-notch content, consistently broadening its distribution platforms, and venturing into international markets. To achieve further growth, Perfect Film and Television can strategically establish a comprehensive industrial chain, leverage digital technologies to broaden distribution channels, and establish a distinct traditional cultural brand. The factors that contributed to this study's success can serve as a blueprint for the expansion of other film and television enterprises.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"94 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141802483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0088
Ningxin Kang
This article delves into the multifaceted risks precipitated by a bank's decision to increase interest rates. It commences with an overarching overview contextualized within The Times, elucidating the significance of the subject matter. Subsequently, it delineates various extant risks, each accompanied by a succinct exposition and an outline of corresponding mitigation strategies. Following this introductory phase, the article conducts a meticulous analysis of these identified risks, methodically dissecting liquidity risk, reputation risk, market risk, and systemic risk. Each risk is meticulously defined, substantiated with historical precedents, and elucidated with comprehensive management methodologies. This paper underscores the myriad risks attendant to a bank's interest rate hike. This synthesis serves to underscore the overarching theme that such policy decisions not only reverberate through the financial ecosystem but also necessitate vigilant risk management protocols to safeguard against potential ramifications. Finally, the article concludes by summarizing the numerous risks posed by a bank's interest rate hike. It emphasizes the need for careful consideration and proactive risk management to mitigate potential consequences.
{"title":"Risk Assessment of Banks and Financial Institutions When Interest Rate Hikes","authors":"Ningxin Kang","doi":"10.54254/2754-1169/102/2024ed0088","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0088","url":null,"abstract":"This article delves into the multifaceted risks precipitated by a bank's decision to increase interest rates. It commences with an overarching overview contextualized within The Times, elucidating the significance of the subject matter. Subsequently, it delineates various extant risks, each accompanied by a succinct exposition and an outline of corresponding mitigation strategies. Following this introductory phase, the article conducts a meticulous analysis of these identified risks, methodically dissecting liquidity risk, reputation risk, market risk, and systemic risk. Each risk is meticulously defined, substantiated with historical precedents, and elucidated with comprehensive management methodologies. This paper underscores the myriad risks attendant to a bank's interest rate hike. This synthesis serves to underscore the overarching theme that such policy decisions not only reverberate through the financial ecosystem but also necessitate vigilant risk management protocols to safeguard against potential ramifications. Finally, the article concludes by summarizing the numerous risks posed by a bank's interest rate hike. It emphasizes the need for careful consideration and proactive risk management to mitigate potential consequences.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"27 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141802745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0063
Ruoni Xiong
YouTube Shorts were released globally in July 2021. Before the launch of YouTube Shorts, the revenue of YouTube in the first quarter was $6.01 billion; however, after the launch of YouTube Shorts, the revenue of YouTube in the second quarter reached $7 billion, a year-on-year increase of nearly 84%. The goal of this paper was to identify strategies for YouTube to maintain its position in the short video market through policy formulation. This paper takes YouTube-operated YouTube shorts as a case to conduct a detailed analysis and apply the marketing mix theory of the 4Vs to analyze variation strategy, versatility strategy, and value strategy, respectively. The three suggestions for each strategy are to introduce more original contexts, improve its social functions, strengthen the introduction of intellectual content, and expand content boundaries. The main purpose of this topic is to investigate strategic policies that encourage the development of short video media.
{"title":"Analyzing the Reasons of Stable Development of YouTube Short Video Market","authors":"Ruoni Xiong","doi":"10.54254/2754-1169/102/2024ed0063","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0063","url":null,"abstract":"YouTube Shorts were released globally in July 2021. Before the launch of YouTube Shorts, the revenue of YouTube in the first quarter was $6.01 billion; however, after the launch of YouTube Shorts, the revenue of YouTube in the second quarter reached $7 billion, a year-on-year increase of nearly 84%. The goal of this paper was to identify strategies for YouTube to maintain its position in the short video market through policy formulation. This paper takes YouTube-operated YouTube shorts as a case to conduct a detailed analysis and apply the marketing mix theory of the 4Vs to analyze variation strategy, versatility strategy, and value strategy, respectively. The three suggestions for each strategy are to introduce more original contexts, improve its social functions, strengthen the introduction of intellectual content, and expand content boundaries. The main purpose of this topic is to investigate strategic policies that encourage the development of short video media.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"49 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141803655","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/101/20231701
Jingxian Du, Meiran Guo, Tiancheng Feng, Guangsheng Liang, Bingran Yue
The subscription business model transforms the traditional way products and services are consumed since it enables generating ongoing revenues, building loyal customer bases, and adapting to shifting customer tastes. This paper focuses on several key mechanisms and components of subscription business models to illustrate how they can help companies maintain Customer Loyalty, achieve Customer Lifetime Value, and achieve Annual and/ or Monthly Recurring Revenue in the face of complex business competition. For further innovation and adaptation of the subscription business model, there are opportunities to further study the role of digital tools in service delivery, customer participation, and revenue growth.
{"title":"The Mechanism and Components of Subscriptions in the Business Model","authors":"Jingxian Du, Meiran Guo, Tiancheng Feng, Guangsheng Liang, Bingran Yue","doi":"10.54254/2754-1169/101/20231701","DOIUrl":"https://doi.org/10.54254/2754-1169/101/20231701","url":null,"abstract":"The subscription business model transforms the traditional way products and services are consumed since it enables generating ongoing revenues, building loyal customer bases, and adapting to shifting customer tastes. This paper focuses on several key mechanisms and components of subscription business models to illustrate how they can help companies maintain Customer Loyalty, achieve Customer Lifetime Value, and achieve Annual and/ or Monthly Recurring Revenue in the face of complex business competition. For further innovation and adaptation of the subscription business model, there are opportunities to further study the role of digital tools in service delivery, customer participation, and revenue growth.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"18 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141804194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/101/20231374
Ruixin Duan
People say that there is no free dinner in this world. However, this is not necessarily true in United States, maybe only in United states. Because when you get 1200 dollars subsidy for only being alive, you actually do get free dinner. During the covid-19 pandemic, the federal reserve adopted a series of actions to stimulate the economy. Among those policies, the most famous one is The CARES Act, a form of direct cash subsidy. Although it sounds a little ridiculous that government directly give people money, the policy did contribute a lot to the recovery of the whole US economy. However, it may appear that direct cash subsidies contribute to the recovery of US economy without a cost in the short run, cash subsidies are the cause of debt and other issues. This paper quotes data that were published by the US departments, striving to reveal the effects of US policies during pandemic, therefore offer valuable experience and guidance for policy-making in the future.
{"title":"Can Cash Subsidies Improve the Lives of Residents in an Epidemic?","authors":"Ruixin Duan","doi":"10.54254/2754-1169/101/20231374","DOIUrl":"https://doi.org/10.54254/2754-1169/101/20231374","url":null,"abstract":"People say that there is no free dinner in this world. However, this is not necessarily true in United States, maybe only in United states. Because when you get 1200 dollars subsidy for only being alive, you actually do get free dinner. During the covid-19 pandemic, the federal reserve adopted a series of actions to stimulate the economy. Among those policies, the most famous one is The CARES Act, a form of direct cash subsidy. Although it sounds a little ridiculous that government directly give people money, the policy did contribute a lot to the recovery of the whole US economy. However, it may appear that direct cash subsidies contribute to the recovery of US economy without a cost in the short run, cash subsidies are the cause of debt and other issues. This paper quotes data that were published by the US departments, striving to reveal the effects of US policies during pandemic, therefore offer valuable experience and guidance for policy-making in the future.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"60 15","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141804939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0062
Jiaruo Qin
The Internet's innovation has had a profound impact on NetEase CloudMusic's development and marketing strategy adjustments. This paper examines the 2017 "Music Review Train" campaign, which NetEase CloudMusic and Hangzhou Metro launched, with the goal of identifying the strategic factors that led to its success. Based on the marketing mix theory of 4Is, this paper applies the campaign as a case and employs relevant data and literature. This paper found that the success of the campaign was primarily due to the application of an interesting strategy by selecting interesting music reviews as advertising content. This paper suggests exploring the interests of different audience groups in the future and collaborating with popular film and television intellectual property (IP). The second reason is the application of an interaction strategy, which allows for offline and online interaction with users. It is suggested that in the future, emphasis can be placed on the operation of new media platforms and the opening of offline shops to offer an interactive experience. This paper hoped to provide a reference for upgrading the marketing strategy of NetEase CloudMusic to improve the communication effect and brand image and thus contribute to the brands future development.
{"title":"Analyzing the NetEase CloudMusics Marketing Campaign","authors":"Jiaruo Qin","doi":"10.54254/2754-1169/102/2024ed0062","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0062","url":null,"abstract":"The Internet's innovation has had a profound impact on NetEase CloudMusic's development and marketing strategy adjustments. This paper examines the 2017 \"Music Review Train\" campaign, which NetEase CloudMusic and Hangzhou Metro launched, with the goal of identifying the strategic factors that led to its success. Based on the marketing mix theory of 4Is, this paper applies the campaign as a case and employs relevant data and literature. This paper found that the success of the campaign was primarily due to the application of an interesting strategy by selecting interesting music reviews as advertising content. This paper suggests exploring the interests of different audience groups in the future and collaborating with popular film and television intellectual property (IP). The second reason is the application of an interaction strategy, which allows for offline and online interaction with users. It is suggested that in the future, emphasis can be placed on the operation of new media platforms and the opening of offline shops to offer an interactive experience. This paper hoped to provide a reference for upgrading the marketing strategy of NetEase CloudMusic to improve the communication effect and brand image and thus contribute to the brands future development.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"29 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141805031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/101/20231664
Ruiting Sun, Ziyan Sun
In recent years, shadow banking has been one of the hotspots of attention in the financial field both at home and abroad, and along with the gains, shadow banking also faces many problems, such as risk potential, regulatory challenges, sources of funds, and protection of investors and so on. However, there are differences in the way shadow banking develops according to domestic and foreign national conditions, economic conditions, and development methods. This article analyzes shadow banking in China and the United States, respectively, and the work compares and analyzes the differences between shadow banking in China and the United States and describes the prospect of shadow banking development. Finally, the work also discusses the relationship between shadow banking and the current hotspots and provides an outlook on the development of shadow banking.
{"title":"The Comparison of Shadow Banking System Between in US & China: Definition, the Formation Way, Reason for Lack of Regulation, the Development, and Shadow Banking System","authors":"Ruiting Sun, Ziyan Sun","doi":"10.54254/2754-1169/101/20231664","DOIUrl":"https://doi.org/10.54254/2754-1169/101/20231664","url":null,"abstract":"In recent years, shadow banking has been one of the hotspots of attention in the financial field both at home and abroad, and along with the gains, shadow banking also faces many problems, such as risk potential, regulatory challenges, sources of funds, and protection of investors and so on. However, there are differences in the way shadow banking develops according to domestic and foreign national conditions, economic conditions, and development methods. This article analyzes shadow banking in China and the United States, respectively, and the work compares and analyzes the differences between shadow banking in China and the United States and describes the prospect of shadow banking development. Finally, the work also discusses the relationship between shadow banking and the current hotspots and provides an outlook on the development of shadow banking.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"51 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141805180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0104
Jinpeng Li
The importance of live streaming e-commerce in online shopping is increasing with the continuous development of live streaming technology. Artificial intelligence (AI), as a disruptive force, has introduced virtual anchors in the live streaming field, replacing live anchors for product introduction and interaction. The virtual anchor image, with its anthropomorphic appearance, interacts with the audience in real-time and is gradually being applied in various fields such as e-commerce, advertising, and social platforms. This study reviews how the image of AI anchors in live streaming e-commerce affects consumer trust and personalized experience, and further explores its impact on consumer purchase intention. Research has found that virtual anchor images can be divided into human and animal images based on their appearance, and different images have different impacts on consumer purchasing intentions. Humanized virtual anchors establish trust relationships and stimulate purchase intentions through rich expressions and actions; Personalized and customized design enhances the attractiveness and sense of identity of virtual anchors. Finally, regarding the application of enterprises in the field of virtual anchors, this article proposes anthropomorphic design, personalized image, and cultural adaptability strategies to improve the commercial efficiency and brand image of virtual anchors.
{"title":"Analyze the Impact, Reasons, and Optimization Strategies of the Image of AI Anchors on Consumer Purchase Intention in Live Streaming E-commerce","authors":"Jinpeng Li","doi":"10.54254/2754-1169/102/2024ed0104","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0104","url":null,"abstract":"The importance of live streaming e-commerce in online shopping is increasing with the continuous development of live streaming technology. Artificial intelligence (AI), as a disruptive force, has introduced virtual anchors in the live streaming field, replacing live anchors for product introduction and interaction. The virtual anchor image, with its anthropomorphic appearance, interacts with the audience in real-time and is gradually being applied in various fields such as e-commerce, advertising, and social platforms. This study reviews how the image of AI anchors in live streaming e-commerce affects consumer trust and personalized experience, and further explores its impact on consumer purchase intention. Research has found that virtual anchor images can be divided into human and animal images based on their appearance, and different images have different impacts on consumer purchasing intentions. Humanized virtual anchors establish trust relationships and stimulate purchase intentions through rich expressions and actions; Personalized and customized design enhances the attractiveness and sense of identity of virtual anchors. Finally, regarding the application of enterprises in the field of virtual anchors, this article proposes anthropomorphic design, personalized image, and cultural adaptability strategies to improve the commercial efficiency and brand image of virtual anchors.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"50 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141805811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/102/2024ed0093
Sining Feng
This study explores modern logistics innovations and challenges in the new retail era. With the rapid development of science and technology, the traditional logistics model can no longer meet the market demand. Consumers' demands for speed of product delivery, service quality and personalization are constantly rising, and traditional logistics processes and management methods can no longer adapt to this fast-changing market environment. As a result, companies need to innovate and reform to improve logistics efficiency, reduce operating costs, and respond more flexibly to the challenges of globalized competition. Through literature review and empirical analysis, this paper provides an in-depth analysis of the problems faced by the modern logistics industry, including the inefficiency of the traditional model, the promotion of digital intelligence, and the need to improve the level of logistics in the new era. On this basis, targeted recommendations include strengthening standardization, promoting digital intelligence improvement and optimizing the supply network. This study is expected to provide useful reference and guidance for developing the modern logistics industry.
{"title":"Navigating Modern Logistics: Innovations and Challenges in the Era of New Retail","authors":"Sining Feng","doi":"10.54254/2754-1169/102/2024ed0093","DOIUrl":"https://doi.org/10.54254/2754-1169/102/2024ed0093","url":null,"abstract":"This study explores modern logistics innovations and challenges in the new retail era. With the rapid development of science and technology, the traditional logistics model can no longer meet the market demand. Consumers' demands for speed of product delivery, service quality and personalization are constantly rising, and traditional logistics processes and management methods can no longer adapt to this fast-changing market environment. As a result, companies need to innovate and reform to improve logistics efficiency, reduce operating costs, and respond more flexibly to the challenges of globalized competition. Through literature review and empirical analysis, this paper provides an in-depth analysis of the problems faced by the modern logistics industry, including the inefficiency of the traditional model, the promotion of digital intelligence, and the need to improve the level of logistics in the new era. On this basis, targeted recommendations include strengthening standardization, promoting digital intelligence improvement and optimizing the supply network. This study is expected to provide useful reference and guidance for developing the modern logistics industry.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"5 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141803371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-07-25DOI: 10.54254/2754-1169/101/20231656
Yixin Liu
The digital transformation of the global economy is an inevitable trend, and Industry 4.0, based on digital transformation, has profound impacts on the global manufacturing sector. Although the manufacturing industry, as the mainstay of our country's real economy, boasts a vast scale, its infrastructure and transformation foundation are relatively weak. An effective data chain has not been fully established, facing numerous challenges in the digital transformation process. This paper selects Avary Holding (Shenzhen) Co., a leading company in the PCB manufacturing industry, as the research subject. We first outline the theoretical foundation of digital transformation, then provides a detailed introduction to the company, analyzing the motivations, pathways, and economic effects of its digital transformation. Based on this, several insights into the digital transformation of the manufacturing industry are proposed. The aim is to provide guidance for the digital transformation of manufacturing enterprises and supporting the enhancement of their competitiveness.
{"title":"Analysis of the Digital Transformation Route and Impact on Avary Holding (Shenzhen) Co.","authors":"Yixin Liu","doi":"10.54254/2754-1169/101/20231656","DOIUrl":"https://doi.org/10.54254/2754-1169/101/20231656","url":null,"abstract":"The digital transformation of the global economy is an inevitable trend, and Industry 4.0, based on digital transformation, has profound impacts on the global manufacturing sector. Although the manufacturing industry, as the mainstay of our country's real economy, boasts a vast scale, its infrastructure and transformation foundation are relatively weak. An effective data chain has not been fully established, facing numerous challenges in the digital transformation process. This paper selects Avary Holding (Shenzhen) Co., a leading company in the PCB manufacturing industry, as the research subject. We first outline the theoretical foundation of digital transformation, then provides a detailed introduction to the company, analyzing the motivations, pathways, and economic effects of its digital transformation. Based on this, several insights into the digital transformation of the manufacturing industry are proposed. The aim is to provide guidance for the digital transformation of manufacturing enterprises and supporting the enhancement of their competitiveness.","PeriodicalId":104305,"journal":{"name":"Advances in Economics, Management and Political Sciences","volume":"53 21","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141803949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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