Core Insights - The report titled "Digital Transformation of Small and Medium-sized Manufacturing Enterprises in China" indicates that China is poised to become one of the largest markets for manufacturing digital transformation globally [1] - The acceleration of digital transformation in China's manufacturing sector is highlighted, with a significant focus on small and medium-sized enterprises (SMEs) [1] Group 1: Digital Transformation Trends - The International Data Corporation (IDC) predicts that by 2027, the budget for IT investments and communication services among Chinese SMEs will increase by 25% [1] - A number of SMEs in China are integrating technological innovation with business model innovation to meet new demands and create new supply [1] Group 2: Policy Recommendations - The report suggests creating a better policy environment to unleash new momentum for digital transformation [1] - It emphasizes the importance of combining effective market mechanisms with proactive government involvement to facilitate SMEs in increasing investments and exploring new avenues for digital transformation [1]