Abstract
With its advantages of low cost and high efficiency, e-commerce is not only favored by ordinary consumers, but also effectively promotes SMEs to find business opportunities and win the market. This article starts with the development scale of China’s e-commerce industry and the status quo of export trade, and measures the overall index of China’s e-commerce industry development level from 2008 to 2018 through empirical methods to analyze its impact on China’s export trade. The results show that the development level of the e-commerce industry has a significant positive impact on China’s export trade. Finally, it analyzes the existing problems in the development of China’s e-commerce industry.
Highlights
Impact of e-commerce transaction levelThe participation of e-commerce in international trade can reduce transaction costs, increase the types of traded goods, and give play to the competitive advantages of SMEs, thereby increasing the transaction volume of ecommerce enterprises and increasing the number of online shoppers, further promoting the level of e-commerce transactions and affecting China's export trade amount
Artificial intelligence, big data, 5G and other cutting-edge science and technology are highly integrated with the real economy, and will surely produce economic development
The empirical results show that increasing the level of ecommerce industry will have a positive impact on China's export trade
Summary
The participation of e-commerce in international trade can reduce transaction costs, increase the types of traded goods, and give play to the competitive advantages of SMEs, thereby increasing the transaction volume of ecommerce enterprises and increasing the number of online shoppers, further promoting the level of e-commerce transactions and affecting China's export trade amount
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