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The Digital Transformation and its impact in business: from China Point of ViewGang ChenJul 2020 Digital transformation is the development of digital technology and support capabilities to build a dynamic digital business model. In today’s business environment, digital transformation is becoming increasingly necessary for more and more companies to survive and to grow bigger and stronger. Digital transformation experiences show that success can only be achieved when a company systematically and completely redefines its business - not just IT, but all aspects of organizational activities, processes, business models, and employee capabilities. China’s Digital Transformation in Business1.1 Statistics about the percentage of companies in digital transformation in China and the share of digital economy in the general Chinese economy.1.2 The common characteristics of the digital transformation for businesses in China.1.3 The case of the digital transformation a famous big Chinese company. (Haier-a internationally famous Chinese manufacturer of household appliances) 1.4 The challenges of the digital transformation for businesses in China.1.5 The future trends of the digital transformation for businesses in China. 1.1 Statistics about the percentage of the digital economy in the general Chinese economyStatistics about the percentage of companies in digital transformation in China and the share of digital economy in the general Chinese economy.Amount of online shopping transactions in China from 2013 to 2020 YearGDP (Trillion Yuan)E-commerce Transaction Amount (Trillion Yuan)E-commerce Transaction Amount as a percentage of GDP201356.910.218%201463.616.426%201567.721.832%201674.426.135%201782.128.735%201891.931.735%201993.734.837%China’s E-commerce Transaction Amount as a Percentage of GDP1.2 The common characteristics of the digital transformation for businesses in ChinaMore attention is given to the data and the intelligence Platforms and ecology are increasingly importan
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