Research on the Current Status of Transformation and Upgrading of Dongguan’s Manufacturing Industry under the Background of the Digital Economy

Abstract

Abstract Abstract The digital economy is a driving force behind the new wave of technological revolution and industrial transformation. It has emerged as a crucial catalyst for economic and social transformation and a key enabler of high-quality economic growth. Dongguan, renowned as the “World Factory,” has traditionally been reliant on industries characterized by low- tech content, meager product, and high consumption of basic production factors. In the era of the booming global digital economy, Dongguan’s manufacturing sector is presented with novel opportunities for transformation and upgrading. However, it also has to grapple with the pressures and challenges that come with this transformation.This study focuses on the transformation and upgrading of Dongguan’s manufacturing industry. It delves into the development of Dongguan’s digital economy, the current state of the manufacturing industry’s transformation and upgrading, and the progress of its digital transformation. The aim is to gain a comprehensive understanding of the manufacturing industry’s transformation in the digital-economy context and offer practical recommendations to facilitate its upgrade.