Analysis of the Current Status of China's Digital Trade and Exploration of Countermeasures

Abstract

 As the development of digital trade becomes increasingly prominent in China, The current status, main problems and countermeasures are analyzed in this paper. This article will begin by looking at the potential advantages of China's digital trade: market size, policy support, technological development infrastructure and industry innovation. The second part focuses on some of the problems within digital trade development, for example the less developed cross-border payment system, insufficient intellectual property protection, lagging regulation and data security concerns. In response to the challenges mentioned above, this paper proposes countermeasures in six aspects: Strengthening the legal and regulatory framework for digital trade; Developing cross-border payment facilitation; Promoting the digital transformation of small and medium-sized enterprises; Enhancing data security and privacy protection; Taking an active part in international rules formulation; Shifting policy towards emerging technologies research and development. In conclusion, this article was created to provide some theoretical guidance and policy suggestions for China digital trade sustainable development continue to improve the global digital economy position.