Shaping the Future of Small and Medium-Sized Cities: A Framework for Digital Transformation

Report by the World Economic Forum: “Digital transformation is becoming a crucial support mechanism for countries as they respond to the COVID-19 pandemic and undergo economic rebuilding and sustained development. For small and medium-sized cities (SMCs), digital transformation can disrupt traditional business models, breakthrough geographical and spatial boundaries, and create new ways to live in the digital era. However, the digital transformation of SMCs presents challenges such as insufficient digital talent, funds, and resources, poor understanding and application of digital technologies, and a lack of intercity interaction and cooperation mechanisms. This report analyses the challenges, needs, and concerns of SMCs undergoing digital transformation in China, Japan, Brazil, and Singapore, proposes a methodological reference model, and suggests actions for various urban stakeholders…(More)”.