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Trade digitalization will reshape new competitive advantages in international trade

2022-09-06

On September 4, the "Global Sourcing and Trade Development Forum", one of the important events of the China International Fair for Trade in Services, was held at the Beijing National Convention Center. Shao Honghua, Vice President of China International Economic and Trade Statistics Association, Director of the Trade Digitalization Special Committee, and Chairman of Global Wisdom, delivered a keynote speech on the theme of "Trade Digitalization Reshapes China's New Competitive Advantages in Foreign Trade".


Shao Honghua believes that my country is currently in a critical period of transition from a big manufacturing country to a strong manufacturing country, and from a big trading country to a strong trading country. Foreign trade is striving to be driven from scale and cost to innovation and efficiency, and at the same time, it is constantly moving to the industrial chain and value chain. High-end progress. Foreign trade has changed from a comparative advantage based on cost to a dynamic comprehensive competitive advantage based on quality, technology, standards, service and brand, and trade digitalization has reshaped China's new competitive advantage in foreign trade. In the final analysis, the competitiveness of foreign trade depends on the competitiveness of a country's industries and enterprises, and trade digitization is an industrial revolution from the trade side to the industry side and the enterprise side. Trade digitization not only enables Chinese enterprises to enter the international trade market through digital means with low cost and high efficiency, thereby enhancing the international marketing capabilities of Chinese enterprises, and more importantly, the market and customer data precipitated by trade digitization can be reversely transmitted to R&D, design, production and manufacturing. , marketing sales, logistics delivery and after-sales service, so as to achieve customized design, flexible production, precision marketing, intelligent delivery and personalized service, and at the same time, through digital transformation, enterprises will evolve into an agile organization that adapts to the digital age, thereby greatly Improve the international market competitiveness of Chinese enterprises and form new competitive advantages.


Shao Honghua said that due to the continuous and deep integration of digital technology and international trade, international trade has entered a process of deep division of labor, deep collaboration, deep deconstruction, and deep heavy chain. Digitization continuously deconstructs the procurement, R&D, design, production, marketing, and service links, and at the same time reconnects the global market, global consumers, and global manufacturers, service providers, and traders through digitization. Trade has also officially entered an era of digital trade. Through digital trade, any individual, natural person or small and medium-sized enterprise can conduct global trade, buy and sell globally through deconstructed specialized, standardized, modular services and digital platforms.


In the future, the new globalization driven by digitization will reshape the new pattern of international economic and trade, and trade digitization is the most important development trend of international trade. China has the most complete industrial facilities, massive data and rich application scenarios. Through the digital transformation and upgrading of trade, it will definitely gain new competitive advantages in the future international market competition. The driving force of China's new round of foreign trade growth mainly comes from the improvement of the competitiveness of strategic emerging industries, the industrial upgrading after the digital transformation of traditional industries, and the improvement of the competitiveness of enterprises after the digital transformation of enterprises. At present, these three driving forces will continue for a long time.


Shao Honghua emphasized that accelerating the improvement of trade digitalization level and creating a favorable trade digitalization policy environment have become urgent tasks to reshape my country's new competitive advantages in international trade. At the same time, it is necessary to build trade digitalization capabilities and cultivate more talents with global vision and digital thinking .


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