The latest central document includes 18 measures to support the reform, innovation, and development of digital trade
2024-11-29
The Opinions of the General Office of the Communist Party of China Central Committee and the General Office of the State Council on the Reform, Innovation and Development of Digital Trade were released on the 28th, proposing 18 specific measures from the aspects of supporting the development of digital trade sub sectors and business entities, promoting institutional opening of digital trade, improving the digital trade governance system, and strengthening organizational guarantees. What is the profound meaning behind the issuance of opinions? What are the key points worth paying attention to? Following the eight principles of serving the construction of a new development pattern, it is proposed to promote the reform and innovative development of digital trade in accordance with the principles of innovation as the priority, security as the foundation, expanding openness, win-win cooperation, deepening reform and systematic governance, pilot first, and key breakthroughs. These 8 principles fully, accurately, and comprehensively implement the new development concept, demonstrate the overall tone of pursuing progress while maintaining stability, and embody the development ideas of serving the construction of a new development pattern, coordinating domestic and international situations, and balancing development and security. They will run through the entire process of digital trade reform, innovation, and development. The opinions require promoting the deep integration of the real economy and the digital economy, promoting the reform and innovative development of digital trade, making greater contributions to shaping new driving forces and advantages for foreign trade development, and accelerating the construction of a digital China and a strong trading nation. The Third Plenum of the 20th Central Committee of the Communist Party of China proposed to "actively respond to the trend of digitalization and greening of trade" and "innovate and develop digital trade". Industry insiders point out that digital trade is an important component of the digital economy and has become a new trend in international trade development and a new growth point for the economy. The opinion conforms to the new trend of digital trade development, which is a specific measure to deepen reform and opening up. It is conducive to promoting China to consolidate the advantages of traditional trade development while cultivating new industries, formats, and models of digital trade. It can not only build new comparative and competitive advantages in trade, better assist in building a new development pattern, but also continuously inject new momentum into open development. Focusing on the significant characteristics of high-level institutional innovation and opening up to the outside world, the opinions propose that by 2029, the scale of service trade that can be digitally delivered will steadily increase, accounting for over 45% of China's total service trade; The layout of digital trade infrastructure has been further improved, the basic institutional mechanisms that adapt to the development of digital trade have been established, the level of opening up in the digital field to the outside world has been significantly improved, and the connection with international high standard economic and trade rules has been comprehensively strengthened. By 2035, the proportion of digitally deliverable service trade in China's total service trade will increase to over 50%; An orderly, secure, and efficient digital trade governance system has been fully established, and the level of institutional openness has been comprehensively improved. From the perspective of specific measures, 'openness' is the key word. Specific measures have been proposed to relax market access in the digital field, promote and regulate cross-border data flows, and actively participate in the formulation of international rules for digital trade, focusing on promoting institutional openness in digital trade and improving the digital trade governance system. The Third Plenum of the 20th Central Committee of the Communist Party of China emphasized the need to adhere to the basic national policy of opening up to the outside world, promote reform through opening up, rely on the advantages of China's super large market, enhance opening up capabilities in expanding international cooperation, and build a new system of higher-level open economy. Wang Yiming, Vice Chairman of the China International Economic Exchange Center, said that China's digital trade is developing rapidly, but there is still a lot of room for improvement, and the discourse power in formulating international rules for digital trade needs to be enhanced. In the face of the new situation of accelerating the construction of global digital trade rules, we must adhere to leading the innovative development of digital trade with high-level openness, actively connect with international high standard rules, promote innovation in digital trade formats, models, and systems, and cultivate and enhance new competitive advantages in digital trade. In terms of supporting the development of digital trade sub sectors and business entities, opinions suggest encouraging various entities such as e-commerce platforms, operators, and supporting service providers to grow and strengthen, and accelerate brand building. Support the orderly development of digital platform enterprises and play an active role in leading development, creating employment, and international competition. Industry insiders have stated that in recent years, China's top enterprises have explored new forms of digital services driven by computing power, user generation, and efficient utilization of data, demonstrating strong market competitiveness in the international market. At the same time, the deep integration of digital technology and the real economy has given rise to new formats and models, adding more material wealth to economic and social development. Opinions release positive signals, supporting the consolidation and utilization of advantages, continued innovation and development of digital trade sub sectors and business entities, and playing more positive driving roles. Wang Yiming said that looking ahead, China has many favorable conditions for developing digital trade. The digital economy has a huge scale, abundant data resources, and complete digital infrastructure, especially the rapid development of the new generation of digital infrastructure. It has built the world's largest mobile broadband and fiber optic network, and has rich digital application scenarios, providing vast space for the development of digital trade. (New Society)
Edit：Yao jue Responsible editor：Xie Tunan
Source：XinhuaNet
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