Analysis of the development and impact of digitalization of the economy on the trade system in China

Abstract

With the globalisation of the economy and the rapid development of communication technology, the Internet is being developed and applied globally at an unimaginable speed. As a more advanced and sustainable form of economy, the rapid development of the digital economy and its great impetus to social development is of great significance in promoting technological transformation, accelerating industrial structure upgrading and leading regional economic development. Nowadays, Internet technology has become an important support for social and economic operations, and the digital economy has become an important force in promoting industrial upgrading, leading social development and participating in building a new pattern of international competition. The digitisation of trade methods has made it easier and more efficient to conduct international trade, lowering the cost of trade, and SMEs in developing countries will have more opportunities to export their goods to international markets, and the participation of these countries in These countries' participation in globalisation will be further enhanced. The digital economy has arrived.