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Economic Daily: (Liu Jiangning) my country’s digital trade has strong growth momentum

Published: July 8, 2024 Editor: Liu Haijun

(Source: "Economic Daily" 2024-07-06)

Global digital trade is booming,Becoming a new bright spot in international trade。In recent years,my country’s digital trade is developing rapidly,Continuous optimization of structure,Increasing international influence。The report of the 20th National Congress of the Communist Party of China was submitted,Promote the optimization and upgrading of goods trade,Innovative service trade development mechanism,Develop digital trade,Accelerate the construction of a strong trade country。This year’s “Government Work Report” makes arrangements for the development of digital trade。Specially invited experts in this issue will discuss related issues。

my country’s digital trade has strong growth momentum

my country attaches great importance to the development of digital trade. What is the overall effect?

Liu Jiangning (Professor of University of International Business and Economics): As an important part of digital economy,Digital trade has boomed in recent years,Promote the accelerated integration and optimization of the global industrial chain supply chain value chain,Injecting new momentum into world economic growth。Digital trade generally includes digital ordering trade and w88 online sports bettingDigital delivery trade,Among them,Digital ordering trade refers to the trade of goods and services achieved through cross-border e-commerce w88 online casinoplatforms,Digital delivery trade includes digital technology、Digital Services、Trading in digital products and data。

In recent years,my country continues to promote digital trade planning and deployment。The "14th Five-Year Plan for Digital Economy Development" sets out specific requirements for accelerating the development of trade digitalization;The “Overall Layout Plan for the Construction of Digital China” clearly states that it is necessary to optimize the domestic and international “two environments” for digital development;The "14th Five-Year Plan for the Development of Trade in Services" proposes to "vigorously develop digital trade" and "promote the digital transformation of traditional trade in services"。June this year,The Ministry of Commerce and other departments issued the "Opinions on Expanding Cross-Border E-commerce Exports and Promoting the Construction of Overseas Warehouses",Aims to expand cross-border e-commerce exports,Accelerate the cultivation of new momentum for foreign trade。World Trade Organization data display,my country’s total trade in digitally deliverable services will reach 3666 in 2023.USD 100 million。Digital trade development has achieved significant results,Application scenarios are becoming increasingly diverse,Relevant entities are becoming more active。

Digital ordering trade grows strongly。my country is the most dynamic e-commerce market in the world,Digital trade competitiveness is increasing。2023,my country’s online retail sales reached 15.42 trillion yuan,Cross-border e-commerce import and export 2.38 trillion yuan,The rapid development of cross-border e-commerce has boosted the growth of foreign trade。

A batch of new generation cross-border e-commerce platforms are accelerating their deployment in overseas markets,The number of cross-border e-commerce entities will exceed 100,000 in 2023。China (Zhejiang) Pilot Free Trade Zone Jinyi Area cooperates with multiple cross-border e-commerce platforms around the world,Continuously improve the construction of digital trade format support system,Hangzhou Area explores the establishment of a complete institutional framework for digital w88 casino games loginw88 online sports bettingtrade development,Cultivation of internationally competitive digital industry clusters。2023,Hangzhou achieves digital trade volume of 319 billion yuan,Will reach 430 billion yuan in 2026。

Digital delivery business is moving at a fast pace。"Report on Chinese Games Going Overseas in 2022" shows,Overseas market sales revenue of independently developed games in 2022 173.USD 500 million,Many head games are widely recognized。A batch of outstanding film and television works have gone abroad,The pattern of online literature overseas is gradually taking shape。The "2023 China Online Literature Overseas Trend Report" supported by the China Audiovisual and Digital Publishing Association shows,The overseas revenue scale of the online literature industry in 2022 will be 40.6.3 billion yuan,YoY growth of 39.87%。Leading short video company based on domestic market research and development experience,Explore the algorithm driver、User generated、New digital service form with efficient use of data,Enhanced competitiveness in the international market。As one of the national digital service export bases,Tianfu Software Park Development Information Technology Services in Chengdu City, Sichuan Province、Digital Content Services、Offshore service outsourcing,Software product research and development has been formed、Communication technology and other industrial clusters,Digital games in the park、Digital education and other areas continue to expand the international market。

my country is a global data power,The "National Data Resources Survey Report (2023)" released by the National Data Resources Survey Working Group shows,The total data production volume in 2023 is 32.85ZB (Zettabytes),year-on-year growth of 22.44%。As the penetration rate of e-commerce continues to increase in various countries,Social media generates massive data,The scale of cross-border data flows and data trade will grow rapidly,Continuously expand the development space of digital trade。The Yangtze River Delta region promotes cross-border data facilitation、Valuation of data elements、Data Security Assessment。Beijing, w88 online casinoTianjin and Hebei strive w88 live casinoto build an integrated big data center collaborative innovation system,Actively explore and innovate the big data collaborative development model of the three places。Beijing creates digital trade demonstration zone,In accordance with development goals,By 2025, the import and export scale of digital trade will reach 150 billion US dollars,Accounting for about 25% of the city’s total import and export volume。

Meanwhile,Rapid iteration of digital technology,Supporting the innovative development of digital trade。my country continues to increase investment in R&D,Continuously promote key digital technology innovation,Artificial Intelligence、Cloud computing、Big data、Blockchain and other technologies are in the first echelon in the world。Digital technology is deeply integrated and penetrated into various fields of international trade,Promote the growth of service trade such as R&D and design,Promote domestic enterprises to deeply participate in global industrial division of labor and cooperation。With the deepening of digital transformation,Foreign trade companies fully tap and utilize their own data resources,Optimize production and operation strategies with the help of big data,Accurately connect with customers,Improve market development capabilities and brand cultivation capabilities。Logistics、Warehouse、Digitization of the entire payment process promotes trade efficiency improvement、Value growth and structural optimization。for example,In logistics,By using electronic trade documents,Use digital means to improve document processing speed,Reduce operating costs。In after-sales aspects,Foreign trade companies adopt after-sales intelligent diagnosis、Remote support tool,Significantly improve service efficiency。Digital technology reduces international trade information and transaction costs,Helping small and medium-sized enterprises participate in the division of labor in the global value chain,Specialized and new small and medium-sized enterprises with international competitiveness are constantly emerging,Promote the innovative development of digital trade。

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