Digital trade is becoming a new trend in international trade development

Release time : 2024-03-18

In recent years, with massive data resources and rich trade digital application scenarios, China's digital trade has flourished, and actively established a sound digital trade governance system to promote the reform and innovation of digital trade, becoming one of the most complete countries in the global cross-border e-commerce ecological chain, and constantly providing new opportunities for the world with China's new development.

According to the "China Digital Trade Development Report 2022" released by the Ministry of Commerce at this year's Digital Trade Fair, in 2022, China's import and export volume of digitally delivered services was 372.71 billion US dollars, an increase of 3.4% year-on-year, and the scale reached a new record high; The import and export volume of cross-border e-commerce reached 2.11 trillion yuan, up 9.8% year on year.

Today, the world economy is struggling to recover, economic globalization is facing adverse trends, the global trade environment is complex and volatile, and destabilizing, uncertain and unpredictable factors are on the rise. In this context, as a new trend and new growth point of international trade, digital trade is placed on high hopes.

Digital technology creates a new model of digital trade - In the Digital Technology Hall of this year's Digital Trade Fair, exhibitors focused on the cutting-edge technological breakthroughs and latest application trends in the field of artificial intelligence, big data, cloud computing, blockchain, 5G, Internet of things, virtual reality and other digital technologies.

"Technological innovation is the core engine for the development of digital trade." Jiang Yaoping, former Vice minister of the Ministry of Commerce, said that digital trade uses digital technology to break the time and space restrictions of service supply, so that the services that were originally limited to the field can be carried out globally, and expand the scale of global trade.

Relying on intelligent systems, express companies automatically merge the front desk data of different businesses, and then through big data calculation, the same customer the same address of several orders automatically synthesized a single, the number of intelligent logistics technology, greatly improved the logistics speed in global trade, the past several days of cross-border transportation, now with five days can be completed.

Nowadays, there are more and more technological innovations like this accelerating the landing in global trade, deeply penetrating and subversive changing the various links and interaction methods in the development process of traditional trade, and further accelerating the process of digital trade globalization. Wang Jian, academician of the Chinese Academy of Engineering, director of Zhijiang Laboratory and founder of Alibaba Cloud, said that data is changing the nature of business and trade, and the basic logic behind embracing the digital economy is the construction of the digital era.

Strengthen international cooperation in digital trade and share the dividends of digital trade development. Zhu Yong, Director of the Department of E-commerce and Information Technology of the Ministry of Commerce, said that the next step will be to further align high-standard international economic and trade rules, work with all parties to build a global digital field governance system, cultivate new momentum for the development of digital trade, enhance the resilience of the global digital industrial chain and supply chain, promote the high-quality sustainable development of the global digital economy, and contribute China's strength to the recovery of the world economy.

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