Abstract
Cross-border e-commerce is becoming the driver of digital globalization and is of strategic importance in the growth of world trade. Under the framework of the Belt and Road Initiative, China has released a number of guidelines to accelerate the process of development regarding the cross-border e-commerce industry, including the Digital Silk Road project. However, the boosting of cross-border e-commerce is followed by challenges. This article investigates the main factors affecting the current situation with cross-border e-commerce within the 51 countries along route. Based on empirical analysis, it is concluded that logistics infrastructure has so far been the key factor for cross-border e-commerce's sustainable development. Thus, general suggestions are given, among which the priority belongs to improvement of the existing logistics infrastructure and construction of the new one. Several directions for future research in this area are recommended, such as exploration of new logistics mechanisms and schemes, based on digitalization and innovations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.