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Research Articles

Enhancing Global Supply Chain Resilience through Digital Economy: A China-US Perspective

Xueying Lu1,*

1 School of Finance, Renmin University of China, Beijing, China
* Corresponding Authors: Xueying Lu. Email: 18201149660@163.com
 
J. Int. Eco. Glo. Gov., 2024, 1(4), 75-94; https://doi.org/10.12414/jiegg.240272
Received : 03 Aug 2024 / Revised : 04 Aug 2024 / Accepted : 05 Aug 2024 / Published : 25 Sep 2024
© The Author(s). Published by MOSP. This is an open access article under the CC BY-NC license.
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Abstract
 
The digital economy is significantly reshaping the structure and operational modes of global supply chains. In the context of China-US economic interactions, the mechanisms, challenges, and countermeasures of the digital economy in enhancing the resilience of global supply chains have become increasingly important areas of study. Based on a synthesis of relevant theories, three key pathways through which the digital economy impacts supply chain resilience can be identified: the enhancement of resource integration and dynamic capabilities, the reconstruction and coordination of global supply chain networks, and the reduction of transaction costs coupled with efficiency improvements. The interaction mechanisms between the digital economy and supply chain resilience are closely associated with the synergies between technological innovation and market application, as observed in both countries. However, several challenges, including geopolitical tensions and technological barriers, potentially hinder the full realization of these benefits. To address these issues, policy recommendations can be proposed from short-, medium-, and long-term perspectives. The proposed policies focus on establishing unified standards, developing intelligent risk prevention and control systems, as well as fostering a China-US digital supply chain innovation community. These findings provide both theoretical foundations and practical guidance for enterprise digital transformation and policy formulation, with the aim of contributing to the development of a more resilient and inclusive global economic system.
 
Keywords: Digital Economy, Supply Chain Resilience, China-US Cooperation
 
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Funding

    None.

Conflicts of Interest:

    The authors declare that they have no conflicts of interest to report regarding the present study.

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© The Author(s). Published by MOSP. 
This is an open access article under the CC BY-NC license.

Lu,X. Enhancing Global Supply Chain Resilience through Digital Economy: A Chine-US Perspective. Journal of International Economy and Global Governance 2024, 1 (4), 75-94. https://doi.org/10.12414/jiegg.240272.

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