转型 zhuǎnxíng to undergo fundamental change
to undergo fundamental change; to transition; to transform; to update (to a new model of product)
How to remember 转型: 转 to turn + 型 pattern = to undergo fundamental change.
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How it is used
- To transform to a fundamentally new model - of an economy, company, or career - 企业正在数字化转型 (qǐyè zhèngzài shùzìhuà zhuǎnxíng) the company is undergoing digital transformation.
- Buzzword in business and policy for restructuring toward a new development pattern (经济转型 economic transformation).
- Implies a structural shift in kind, not just growth or a minor change; heavier and more strategic than 改变 (to change).