Risk Communication Mechanisms in China Coping with the Risk of Digital Transformation of Society

Abstract

In the process of promoting the digital transformation of the society, digital platform companies will transform the previously uncontrollable uncertain damage into controllable uncertain damage by reasonable risk decisions. but at the same time, unreasonable risk decisions will cause new uncertain damage and it is the main source of risk in the digital society. How to motivate multiple risk stakeholders such as government, digital platform companies and the public to jointly make reasonable risk decisions and practices is the dilemma of risk management in digital society. China has opened up the governance of digital platform companies to the government and the public through a dual cycle system of risk decision-making. These Institutional innovations are aimed at transforming in-company business decisions into public decisions negotiated by multiple risk stakeholders through constructing risk communication mechanisms, thereby enhancing the transparency, democracy and accountability of risk decisions. However, there are many problems in the construction of specific communication mechanisms, which hinder the regional development of digital economy in Asia. China should learn from other’s experience and promote the convergence of risk communication mechanisms by more concrete measures.