2024  VOLUME 4  ISSUE 1

RESEARCH ARTICLE

Research on the green transformation of China’s traditional manufacturing industry driven by digital economy based on system dynamics

AUTHOR

Yi Liu, Haihang Hu, Xiao Tong

ABSTRACT

As China strides towards dual-carbon achievement, the traditional manufacturing industry is facing multiple challenges of industrial upgrading and low-carbon development. Based on the theory of technology organization environment, this paper analyzes the influence factors of the green development of traditional manufacturing industry driven by the digital economy from the organizational, technological and environmental subsystems. Furthermore, this paper constructs the system dynamics model to research the green transformation mechanism of the traditional manufacturing industry by vensim software according to the data from 2015-2020. The simulation experiments predicate the different green development paths of traditional manufacturing through environmental regulation, digital technology innovation and green technical standards, which can enhance the green total factor productivity and reduce the carbon dioxide emission degree of China's traditional manufacturing industry.

KEYWORDS

Traditional manufacturing industry; Green transformation; Digital economy; Technology-Organization-Environment; System dynamics

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