Development Strategy of International Service Trade Based on Big Data

Abstract

In recent years, the rapid development of China’s international trade in services has brought new impetus to China’s economic growth. However, due to the late development, compared with foreign countries, there is still a lack of core competitiveness. big data(BD) can bring great commercial value, and it is currently applied in various fields. In view of the current situation of China’s international trade in services, this paper puts forward the development strategy research of international service trade(IST) based on BD. This paper makes an in-depth study and analysis of BD technology and its application in China’s international trade in services. It is believed that the current situation in China’s international trade in services is too single, low-end industry, and low share of high-tech. through BD technology, we can further tap the potential value behind the data, so as to improve the 1ST the existing problems in the scientific analysis. This paper investigates the competitiveness of China’s IST. Through the survey, we can see that the T Index of China is - 0.021, and the overall economic competitiveness of enterprises in service export trade is relatively weak. In the current modern service export trade, the overall competitiveness and advantage index of patent, insurance and other fields are relatively low, reaching -0.91, - 0.97, - 0.86. The analysis shows that the reasons behind this situation are complex, but it also indirectly shows that there is still a lot of work to be done to make China’s 1ST bigger and stronger. First of all, we should pay attention to the analysis and application of data, and formulate scientific and effective development strategies through BD analysis and other means.