Jointly Building a Digital Silk Road Digital Trade Ecosystem with Vigorous Vitality

2023-11-27

Digital people start non-stop live broadcasting, digital application solutions build a whole industry chain flow system, and e-commerce platforms in various countries provide payment, logistics, finance and other services... In the "Silk Road E-commerce" pavilion of the second Global Digital Trade Expo, digital trade achievements are fully displayed. Once, the sound of camel bells echoed thousands of miles away, and the ancient Silk Road witnessed the prosperous trade between China and foreign countries. Nowadays, with the empowerment of digital technology, trade has broken through the boundaries of time and space, facilitating the connection between supply and demand. At present, China has signed bilateral e-commerce cooperation memorandums with 30 countries and regions, and "Silk Road e-commerce" has become a new channel and highlight of international economic and trade cooperation. As the "circle of friends" becomes wider and wider, the "ecosystem" is also full of vitality. Industrial upgrading adds new impetus to global economic and trade cooperation. The Silk Road e-commerce not only serves Chinese enterprises to go global, but also invites foreign enterprises to come in. Not only does it promote trade exchanges, but it also enhances the resilience of the industrial chain. By improving the entire chain and process of "Silk Road e-commerce", gathering various trade entities, service providers, and cross-border e-commerce platforms, we have built a dual platform ecosystem of "online comprehensive service platform+offline industrial park", and cultivated and strengthened a group of leading enterprises with benchmark and demonstration functions. China has approved the construction of 165 cross-border e-commerce pilot zones, with over 100000 cross-border e-commerce entities. With the mature development of cross-border e-commerce, more manufacturers will become brand merchants and channel merchants in the future, achieving high-level "buy globally, sell globally". Digital trade cannot be separated from the support of digital infrastructure. Chinese enterprises actively participate in the construction of digital infrastructure projects in the "the Belt and Road" countries. Some leading enterprises have established advanced information management systems, which facilitate international economic and trade partners to connect with customers, goods, warehousing and distribution information in real time, and share new opportunities in the e-commerce market. Enriching business formats to help unleash new consumer demand. Digital trade is a blue ocean that encompasses diverse business formats and provides an innovative platform. Various digital trade formats such as digital technology, digital services, digital content, cross-border e-commerce, data and information transactions are flourishing. Under the promotion of the "Silk Road E-commerce" cooperation mechanism, in recent years, various regions have promoted the unique and advantageous products of "Silk Road E-commerce" partner countries to domestic consumers through various forms of e-commerce activities, such as zone sales, base live streaming, online national pavilions, and multi platform linkage, continuously unleashing consumption potential. With the advancement of digital technologies such as big data and artificial intelligence, the application scenarios of "Silk Road e-commerce" have become more diverse. Internet healthcare, online education, remote work, etc. are pressing the fast forward button to digitize the service industry. In the fields of digital music, digital film and television, digital games, and more, a large number of innovative applications are taking advantage of the trend and going global. Deep integration provides a beneficial attempt to build a digital economic governance system. The cooperation of "Silk Road E-commerce" showcases China's advanced achievements and experience in digital technology application and model innovation, matches the digital and intelligent development demands of partner countries, and promotes mutual benefit and win-win. At present, there is no unified and standardized framework for digital economy governance worldwide. The cooperation of "Silk Road E-commerce" has created rich trade application scenarios, providing beneficial attempts to promote the internationalization of rules, systems, management, and standards in the digital field

Edit:Hou Wenzhe    Responsible editor:WeiZe

Source:economic daily

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