Digitalisation of International Business in China: The Case Study of Toyota

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The recent success in the international businesses in China, together with local firms, has been highly spearheaded with a higher digitalisation rate. This has indeed improved the speed of productivity level, increasing output and revenue generation as the total cost has significantly reduced. For instance, Several economic indicators point to significant growth in the level of development in the Automobile industry in China, with international businesses thriving well. Toyota has digitalized most of its operations, and currently it is one of the leading producers of automobiles in China and the global arena. However, there is a need for various government bodies to develop appropriate policies and regulations that will foster the rate of digitalization growth rate to where it is currently is to higher-level make the Chinese growth rate level a bit higher for both local and international businesses. There is a need for the ministry of industrialization and Information technology to work closely with business organizations such as international businesses to improve the factories and organizations' digitalization effectively.

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digitalisation, International Business, transformation
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