Study on the Influence of Digital Economy on High-quality Trade Development Under the "Double Cycle" Pattern

Abstract

With the deepening of globalization and the rapid development of digital technology, digital economy has become a new important force to promote economic growth. The new development pattern of "double cycle" proposed by China focuses on realizing the mutual promotion of internal circulation and external circulation on the basis of expanding domestic demand. This paper aims to explore in the "binary" development pattern, based on the benchmark regression study how digital economy has a positive impact on trade quality development, the results show that the digital economy to improve the level of trade facilitation, promote the trade structure optimization, accelerate the trade pattern innovation, and by promoting the proportion of trade in services effectively promote the high quality development of China's trade. At the end of the paper, the countermeasures and suggestions are put forward.