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The Origin of Digital Trade, International Experience and Development Strategy

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Abstract:

Based on the analysis of current status of digital trade, this paper probes into the theoretical mechanism of the rise of digital trade. The research finds the following. (1) The direct cause for the rise of digital trade lies in the development of digital economy, and the root cause is the profound change in the production organization mode caused by technological innovation. (2) The vigorous development of digital trade is an important way to reduce the cost, increase the production efficiency, promote the economic growth and reconstruct the commercial layout. (3) To develop the digital trade is not only an important means to meet the growing need of China's residents but also an important means to realize the transformation of China's economy from high speed to high quality. (4) Compared with the developed countries in the west, China's gap is reflected mainly in the digital infrastructure which cannot meet the booming market demand of digital trade, in the lack of supervision and in the lack of international power of speech. To speed up the development of digital trade is an important way to foster new modes of trade and promote China to construct a trade power. We should accelerate the development of digital trade from various aspects:attaching great importance to the digital economy, improving the digital infrastructure, fostering the subject of growing market, strengthening the legislation and supervision, carrying out the pilot free trade zone of digital trade, enhancing the power of speech in international trade, developing the leading enterprises to expand their influence among the countries along the “Belt and Road” Initiative, etc.

Keywords:digital trade  digital economy  theoretical mechanism  international comparison  trade power  free trade zone of digital trade

Journal of Beijing Technology and Business University(social sciences),2018,(5):1-10