RCEP from the perspective of digital trade ecology

At a time when the wave of digital economy is sweeping the world, the integration of digital technology and international trade is deepening, and digital trade has become a new force in the development of international trade. Looking at the world, where is the most dynamic region for digital trade development? The non-RCEP area is none other than that. Studies have shown that the RCEP digital trade ecosystem has initially taken shape, and it is time for all parties to focus on improving the national digital trade ecosystem in the RCEP region.

Judging from the terms of RCEP, it itself places great importance on e-commerce. The RCEP e-commerce chapter is the first comprehensive and high-level plurilateral e-commerce rule achievement reached in the Asia-Pacific region. This not only inherited some traditional e-commerce rules, but also reached an important consensus on cross-border information transmission and data localization for the first time, providing institutional guarantee for member states to strengthen cooperation in the field of e-commerce, and is conducive to creating a good environment for e-commerce development. Strengthen policy mutual trust, regulation mutual recognition and business interoperability in the field of e-commerce among member states, and greatly promote the development of e-commerce in the region.

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Just as the potential of the digital economy lies in the combination with the real economy, digital trade is not only the flow of data services and content, but also the digital content of traditional trade, which runs through all aspects of product design, manufacturing, trading, transportation, promotion, and sales. To improve the RCEP digital trade development ecology in the future, on the one hand, it needs to benchmark high-standard free trade agreements such as CPTPP and DEPA, and on the other hand, it needs to face developing countries in RCEP, and propose products including product design, manufacturing, trading, transportation, promotion, sales, For digital trade solutions such as data circulation, review all RCEP terms from the perspective of digital trade ecological development.

In the future, the RCEP region needs to further optimize the business environment in terms of customs clearance facilitation, investment liberalization, digital infrastructure, general infrastructure, cross-border logistics system, cross-border data flow, intellectual property protection, etc., to further promote the vigorous development of RCEP digitalization. Judging from the current situation, factors such as the lag in cross-border data flow, the differentiation of regional infrastructure levels, and the lack of talent pools in the digital economy restrict the development of regional digital trade.

Post time: Sep-09-2022