Changes in Chinese System of Doing Business Caused by Using Information Technologies

Zakić, Katarina and Jurčić, Ana (2017) Changes in Chinese System of Doing Business Caused by Using Information Technologies. In: Culture and Social Development III - Thematical proceedings: Information revolution, new media and social challanges. Faculty of culture and media, Megatrend University, Belgrade, pp. 175-191. ISBN 978-86-7747-578-9

Text Information-Revolution-New-Media-and-Social-Changes.1-2-18.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (231kB)

Abstract

Chinese economy is on the new development road that is characterized by changes on both macro and micro level . Globalization of business has affected the traditional way of doing business, and most importantly it has caused changes in using different information technologies . Owners and managers mainly of Chinese private companies quickly realized the role of information technologies in modern business life, so they successfully moved to modernization of their business . Besides, many owners have established new companies that have been dedicated to the online business from the very beginning . This paper will be committed to explain the importance of using modern information technologies in business practice . It will show how they are used in China, and also how these technologies have influenced the changes in doing business in Chinese companies . One part of the paper will present Chinese companies that have successfully used the advantages of modern age in the field of informatics, and special attention will be paid to the presentation of Alibaba Group .

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