The Regulatory Dilemma and the Way Out of China's Digital Trade Barriers in the Comparative Perspective of the United States and China

Abstract

With the expansion of global digital trade, China's digital economy is becoming growingly crucial to international digital trade. In the past, the understanding of digital trade regulation was limited to protecting the security of China's data, which led to a rather one-sided regulation of China's digital trade. The imperfect regulatory system has resulted in a series of problems such as overly stringent cross-border data flow legislation, conservative data localization regulations, and challenges to personal information security in China. This paper will examine the above problems. To solve the above problems, this paper puts forward the following suggestions. China should seize the important opportunity of digital trade development to improve supporting measures, build a perfect digital regulatory system and deepen the international consultation mechanism. The above measures are expected to facilitate the process for China to adopt legislation governing digital trade and to further the positive growth of China's digital economy.