01853cas a2200253 a 4500 AALejournalIMF018956 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484389706 1018-5941 BD-DhAAL BD-DhAAL Zhang, Longmei. China's Digital Economy : Opportunities and Risks / Longmei Zhang, Sally Chen. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students China's digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower than in advanced economies, digitalization is already high in certain regions and sectors, in particular e-commerce and fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across sectors. Going forward, digitalization will continue to reshape the Chinese economy by improving efficiency, softening though not reversing, the downward trend of potential growth as the economy matures. The government should play a vital role in maximizing the benefits of digitalization while minimizing related risks, such as potential labor disruption, privacy infringement, emerging oligopolies, and financial risks. Mode of access: Internet Chen, Sally. IMF Working Papers; Working Paper ; No. 2019/016 Full text available on IMF http://elibrary.imf.org/view/journals/001/2019/016/001.2019.issue-016-en.xml IMF e-Library