General

The new generation of information technology, represented by big data, cloud computing, the Internet of Things and artificial intelligence, is rising rapidly, and is promoting international trade to accelerate Digital transformation. Digital trade, with data as the key production factor, digital services as the core, and digital ordering and delivery as the main characteristics, is thriving.

In recent years, digital trade has continued to develop rapidly, not only leading the transformation of traditional trade methods and rules, but also becoming a new engine driving economic growth. Effectively grasping the new opportunities to accelerate the development of digital trade is of great significance for unblocking the domestic and international dual circulation, enhancing the resilience of economic development, and promoting the development of global international trade.

The changes in the international economic and trade situation objectively require China to continue to deepen the innovation and development of foreign trade, actively cultivate new formats and models, comply with the new trends and requirements of global digital economy development and sustainable development, continuously improve the level of trade digitization and greening, and expand new space for high-level openness and high-quality development through innovation.

In recent years, China's digital trade has developed rapidly. Data shows that the scale of service trade that can be digitally delivered reached 2.5 trillion yuan in 2022, an increase of 78.6% compared to five years ago. With the vigorous development of cross-border e-commerce, the import and export scale of China's cross-border e-commerce international trade reached 2.1 trillion yuan last year, an increase of 30.2% compared to two years ago.

The report of the 20th National Congress of the Communist Party of China proposes to accelerate the construction of a strong trading country. There are three pillars for a strong trading country: upgrading trade in goods, innovating trade in services, and developing digital trade. This elevates the importance of digital trade to a new level. China has the largest number of netizens, with abundant data resources and multi scenario applications that have unleashed vitality in the development of the digital economy, laying a solid foundation for China's development of digital trade. The next step is to seize the opportunities for the development of the digital economy and accelerate the development of digital trade.

We should use platform construction as a starting point to stimulate new momentum for foreign trade development. Implement various measures for the innovative development of Luoxi National Digital Service Export Base, actively promote the construction of digital trade demonstration zones, hold digital trade related exhibitions, and create a good development environment for digital trade enterprises.

We need to cultivate new business models and formats. Accelerate the digital empowerment of the entire trade chain and enhance the level of trade digitization. Actively support digital product trade, continuously optimize digital service trade, and promote innovative development of related business formats. Steadily promoting digital technology trade, enhancing the autonomy and innovation capabilities of key core technologies in cloud computing services, communication technology services, and other business formats. Actively exploring data trade and gradually forming a more mature data trade model.

We need to establish a sound governance system. Accelerate the establishment of basic systems and standards for data resource property rights, transaction circulation, cross-border transmission, and security protection. Under the framework of the national data cross-border transmission security management system, research and carry out pilot projects for data cross-border transmission security management. Strengthen international trade cooperation in the field of digital economy and actively promote the process of joining the Digital Economy Partnership Agreement and the Comprehensive and Progressive Trans Pacific Partnership Agreement.

Next, China needs to open up to the outside world at a higher level to promote the innovative development of digital trade. Continuously strengthening top-level design and cultivating a good ecosystem for the development of digital trade; Strengthen the integration of rules and create an international trade environment that promotes digital trade together. Continuously promote digital trade to become stronger, better, and larger. Continuously optimize network layout and accelerate the construction of digital infrastructure. Improve the level of digital governance and actively create a data governance ecosystem. Seize the opportunity of data trading and create new advantages for the development of digital trade.