Chinese sustainable framework in the digitalized global communities

Abstract

The Chinese economy has performed high growth rate of economy in a period of enlargement of global economies. However, the prosperity of Chinese economy depends on the sustainability of the global economies. In the 2010s, the innovation of ICT has brought about structural changes of economies and societies in a large scale. The development of ICT can afford to proceed efficiently large amounts of information in a short time. Internet services such as SNS develop many profitable businesses by utilizing information of users. China aims to continue growth of economy by strategical introduction of digital industrial revolution. This paper discusses that this digital revolution requires evolution of Chinese society as well as economy. Since digital revolution of industries diversifies the connection between markets and individuals, monopolized utilization of information and knowledge will detour efforts to achieve the goal of sustainability. As the relative influence of governments on markets decreases, voluntary contributions of the stakeholders become main forces for the regional vitalization. Residents participation is necessary to revitalize regional communities.

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Fig. 1

Notes

  1. 1.

    Tanaka [7] provides a theoretical foundation on Principles of Responsible Investment [16].

  2. 2.

    Nishimura, provides key note speech, “New normal and new economy: a new growth engine for China,” in IJEPS (2020). This research surveys rapidly proceeding digitalization in China but does not investigate completely the problem that the digital economies could be sustainable. As sustainability should be one of the central targets in the new normal economy, this paper focuses on this problem and constructs theoretical framework to discuss it profoundly.

  3. 3.

    Tanaka [13] argues to reconstruct theories of organization by classifying stakeholders into three groups: inside, outside and external stakeholders.

  4. 4.

    Tanaka [8, 9] develops the experimental researches in Japan and China.

  5. 5.

    Tanaka [13,14] investigates theoretically social structural change in this industrial revolution.

  6. 6.

    Xie [17] explores the bottom-up solutions using personal network for regional environmental issues.

  7. 7.

    Long and Gao [3] explore the issues of shrinking cities in many Chinse urban and rural regions and demonstrate empirically that transforming industries change regional societies fundamentally.

  8. 8.

    Rifkin [5] argues that innovation of ICT changes greatly the price structure of products.

  9. 9.

    Climate bond Initiatives. https://www.climatebonds.net/2019/10/green-bond-issuance-tops-200bn-milestone-new-global-record-green-finance-latest-climate (accessed 18 December, 2019).

  10. 10.

    Global Sustainable Investment Alliance [2].

  11. 11.

    Using this model, Tanaka [7] demonstrates that PRI pursuits the sustainability of global society.

  12. 12.

    The argument in this paragraph is based on pages 1–2 in Chapter 1, [9]“ An Experimental Approach for the Sustainable Regional Governance: Regional Environmental Diagnosis of Hachioji City 2013–15.”.

  13. 13.

    Li, Wang and Yu[3]state the outline of the project as follows. “Qinghe Experiment, integrated with academic research and social governance, and social development, is a social science experiment in Qinghe, Beijing conducted by sociologists. The earliest Qinghe Experiment was initiated by the older generation sociologists such as Yang Kaidao and Xu Shilian in 1928 to mainly deal with rural construction but was later suspended for historical reasons. The Department of Sociology of Tsinghua University reactivated the new Qinghe Experiment in 2014. Great changes have been made to Qinghe which has become an urban community and a rural urban fringe area consisting of 29 community neighborhood committees. It is featured by extremely complex community type and can be regarded as a microcosm of the evolution of urban and rural communities in China.”

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Correspondence to Hiroshige Tanaka.

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Tanaka, H. Chinese sustainable framework in the digitalized global communities. IJEPS (2020). https://doi.org/10.1007/s42495-020-00039-w

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Keywords

  • Chinese economy and society
  • Decentralization
  • Digital industrial revolution
  • Sustainable scheme
  • Resident participation

JEL

  • H4
  • O3
  • R1
  • R5