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Policy Analysis and Development Evaluation of Digital Trade: An International Comparison

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  • Shuzhong Ma
  • Jiwen Guo
  • Hongsheng Zhang

Abstract

As an extension of traditional trade, digital trade is a new type of trade in the era of the digital economy. In this paper, we first analyze the digital trade‐related strategies of eight leading economies through word clouds and dissect China's digital trade‐related policies using the word frequency method by sorting through the digital trade‐related policy documents of 26 economies and Chinese provinces. We then evaluate the status quo of digital trade development in 111 countries and Chinese provinces by building a digital trade index system to determine the development environment and market potential. The results show that all countries attach great importance to digital technology, data and government guidance in the development of digital trade. The results also reveal that “development,” “service” and “construction” are the three most frequently used words in various Chinese documents. The overall level of China's digital trade is at the global vanguard, but is characterized by uneven regional development. In the era of digital trade, traditional international trade theory is also in urgent need of breakthroughs and innovation.

Suggested Citation

  • Shuzhong Ma & Jiwen Guo & Hongsheng Zhang, 2019. "Policy Analysis and Development Evaluation of Digital Trade: An International Comparison," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 27(3), pages 49-75, May.
    • Handle: RePEc:bla:chinae:v:27:y:2019:i:3:p:49-75
    DOI: 10.1111/cwe.12280
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    Cited by:

    1. Lijuan Yang, 2023. "Recommendations for metaverse governance based on technical standards," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.
    2. Alan A. Ahi & Noemi Sinkovics & Rudolf R. Sinkovics, 2023. "E-commerce Policy and the Global Economy: A Path to More Inclusive Development?," Management International Review, Springer, vol. 63(1), pages 27-56, February.
    3. Xiaoli Hao & Xinhui Wang & Haitao Wu & Yu Hao, 2023. "Path to sustainable development: Does digital economy matter in manufacturing green total factor productivity?," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 360-378, February.
    4. Chen, Xiaohui & Teng, Lei & Chen, Wen, 2022. "How does FinTech affect the development of the digital economy? Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 61(C).
    5. Zhou, Fengxiu & Wen, Huwei & Lee, Chien-Chiang, 2022. "Broadband infrastructure and export growth," Telecommunications Policy, Elsevier, vol. 46(5).
    6. Xiaohui Chen & Dou Yan & Wen Chen, 2022. "Can the digital economy promote FinTech development?," Growth and Change, Wiley Blackwell, vol. 53(1), pages 221-247, March.

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