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Research on the International Competitiveness of Digital Service Trade between China and RCEP Member Countries —based on Porter’s Diamond Model

In: Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)

Author

Listed:
  • Yuan Zhang

    (Inner Mongolia University of Finance and Economics, Business School)

Abstract

Currently, digital service trade has gradually become an important driving force for national economic development. Studying the international competitiveness of digital service trade between China and other RCEP member states will provide suggestions for China to optimize its corresponding trade export construction in the future. This can also promote the improvement of the international status of digital service trade among RCEP member countries. The article is based on Porter’s diamond model and uses factor analysis to study the international competitiveness of digital service trade in RCEP member states. Research results show that China ranks in the middle among RCEP members, the competitiveness still slightly behind other major Asian countries. At the same time, it can be seen that the main factors that affect competitiveness are diverse, and the most important is factor conditions. To enhance competitiveness in digital service trade, RCEP member countries should prioritize infrastructure development, talent cultivation, regional cooperation, and seeking new partnerships.

Suggested Citation

  • Yuan Zhang, 2024. "Research on the International Competitiveness of Digital Service Trade between China and RCEP Member Countries —based on Porter’s Diamond Model," Advances in Economics, Business and Management Research, in: Radulescu Magdalena & Bootheina Majoul & Satya Narayan Singh & Abdul Rauf (ed.), Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), pages 110-119, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-459-4_14
    DOI: 10.2991/978-94-6463-459-4_14
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