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Development of China’s Digital Trade

Author

Listed:
  • Yanqing Jiang

    (Shanghai International Studies University, School of Economics and Finance)

  • Shuqing Hu

    (Shanghai International Studies University)

Abstract

The development of China’s digital trade can be divided into three stages: policy-driven, technology-integrated, and high-quality development. Since China introduced cross-border e-commerce support policies in 2013, digitally ordered trade (with cross-border e-commerce at its core) has rapidly emerged. Its trade volume reached 2.4 trillion yuan in 2023, with an average annual growth rate of 15.3%. In terms of policies, the comprehensive pilot zones for cross-border e-commerce expanded from 1 in 2015 to 165 in 2023, covering major first and second-tier cities. The “single window” management model has enhanced trade facilitation. Meanwhile, digitally delivered trade (such as information and communication technology services) made remarkable progress during the “14th Five-Year Plan” period. The scale of digitally deliverable service trade increased from 200 billion U.S. dollars in 2015 to 294.76 billion U.S. dollars in 2020, accounting for 44.5% of service trade.

Suggested Citation

  • Yanqing Jiang & Shuqing Hu, 2025. "Development of China’s Digital Trade," Contributions to Economics,, Springer.
    • Handle: RePEc:spr:conchp:978-981-95-4475-2_3
    DOI: 10.1007/978-981-95-4475-2_3
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