Abstract
With the development of digital technology and the continuous expansion of digital economy, digital industry is playing an important role in the development of traditional manufacturing industry. As an important field of modern industry, especially light industry, chemical fiber manufacturing industry has made a great contribution to the economic growth of people’s livelihood in China. Through in-depth research and analysis of the innovation path of digital technology to promote the development of chemical fiber industry, this paper found that: The 1% growth of digital technology will drive the growth of chemical fiber industry by 0.58%, this driving effect promotes the efficiency of process innovation, product innovation, marketing efficiency and management efficiency of the chemical industry, digital technology will enable the chemical fiber industry to break through the limitations of the traditional development mode in all links of the industrial chain and form a strong driving force for its sustainable development. Therefore, accelerating the in-depth integration of digital technology and chemical fiber industry is the key path for China’s chemical fiber industry to resolve the current challenges in terms of price and supply chain relations and to achieve high-quality development.
Highlights
At present, we are at a historic juncture in the world's new round of technological revolution and the transformation of China's development mode
Chemical fiber industry is an important field of modern industrial production in China, and its contribution to national economy is indispensable
With the acceleration of industrialization, China's textile demand, which has been restrained by the shortage of resources for a long time, has expanded rapidly, which has greatly stimulated the development of chemical fiber manufacturing industry
Summary
We are at a historic juncture in the world's new round of technological revolution and the transformation of China's development mode. Through extensive integration and penetration of traditional industries, digital technology can increase its output and improve its production efficiency. Against this background, countries around the world have deployed the integration of digital technology and traditional industries, and China has proposed strategies such as "Made in China 2025" to promote the digital transformation of traditional manufacturing. As one of the important factors of production, digital technology promotes the increase of output and economic growth of chemical fiber industry, the upgrading of production technology and the improvement of economic efficiency through innovation, it is regarded as an internal driving forces for the sustainable development of traditional industries. Under the influence of the new paradigm, the free flow of resources influenced by imitation will promote the mutual integration of traditional chemical fiber industry and digital industry, fundamentally forming "creative destruction" to the internal structure of chemical fiber industry, the technical level and value creation ability of traditional industries in various fields such as products, technology, marketing and organization management will been improved, these will promote the high-end, specialized and personalized development of chemical fiber products, and eventually the production functions of this industry will realize the overall transition
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
