SMEs in China urged to accelerate digital transformation SMEs in China will need to deepen efforts in digital transformation as it will become crucial for smaller firms to adapt quickly to business disruptions amid the pandemic, said Chinese government officials and industry experts. “The pandemic has made a number of companies, especially SMEs, aware of the important role of digital transformation and the competitiveness and dividends brought by digital transformation,” said Xu Xiaolan, Vice-Minister of the Ministry of Industry and Information Technology (MIIT), reports China Daily. “Leveraging digital tools can also help SMEs in predicting market changes in advance so...