Development Strategies of Smart City Construction Based on PEST-SWOT Analysis

Abstract

In this study, the PEST-SWOT model was adopted to analyze how to construct a well-developed smart city. Based on data from the National Bureau of Statistics and industry reports, we found that smart city construction is faced with threats such as a lack of overall planning and experience, narrow financing channels, data security issues, information islands, and the scarcity of talent. It follows that efforts should be made to resource guarantee, technology improvement and talent construction. Last but not least, it is high-quality and sustainable development that we should pursue in building smart cities.