Digital service trade has emerged as a pivotal engine for global economic transformation and development.However,the implementation of differentiated regulatory measures for trade in digital services among economies h...Digital service trade has emerged as a pivotal engine for global economic transformation and development.However,the implementation of differentiated regulatory measures for trade in digital services among economies has led to increasingly frequent trade disputes.This paper constructs a regulatory homogeneity network for digital service trade in 60 major economies,and systematically evaluates the structural characteristics of the network and the regulatory homogeneity among economies from 2014 to 2021.Furthermore,this paper empirically examines the impact of the partnership characteristics of regulatory homogenization in the network of major economies on their exports.The analysis of the network structure shows that major economies are more inclined to optimize and simplify existing trade partnerships,and are moving towards more diversified restrictive measures in the regulatory model of digital services trade,which has led to the rise of trade protectionism.The empirical text results show that expanding and deepening the regulatory homogeneous partnership of trade in digital services promotes the export of digital services in major economies.This promotion effect is mainly achieved by reducing the cost of digital service trade and enhancing business trust.In addition,the export promotion effect of developing regulatory homogenization partnerships is better than that of increasing the openness of digital service trade,and the homogenization of policies between openness and protection is more important.This paper provides important implications for coordinating the openness and security of digital services trade:China should actively cooperate with multilateral and bilateral digital service trade partners to jointly build a homogeneous environment for regulatory regulations.In particular,it is necessary to deepen the regulatory homogeneity partnership with Asian and developing economies to expand the infl uence of the“China model”in the global regulation of digital services trade.展开更多
When transnationalized electricity trade is conducted in the context of Global Energy Interconnection(GEI),the transaction settlement usually has a long cycle and high cost and is influenced by the volatility of the e...When transnationalized electricity trade is conducted in the context of Global Energy Interconnection(GEI),the transaction settlement usually has a long cycle and high cost and is influenced by the volatility of the exchange rate.It is thus necessary to overcome the problems associated with the transaction settlement,change in the trading model data,and trading strategy in the transnational transaction deduction.To overcome the problem of trade settlement,this paper proposes the use of a digital currency(energy currency)for the cross-border electricity trading settlement based on the special drawing rights of the International Monetary Fund,which is controlled by the Global Energy Interconnection Development and Cooperation Organization(GEIDCO),to enable the proposed currency to become a stable digital currency.The traders can use the energy coins as a unit of currency for quotes,combined with the data pertaining to the changes in the energy information obtained from the GEI framework and data regarding the optimally extrapolated reference trading indicators.To realize the implementation of the multi-trader concurrent transaction deduction using a microservice architecture,this paper proposes a method of computing the microservice and synchronous interaction among the traders,based on the database table data,because the large amount of computation is required to be accomplished asynchronously with a single process.The key technology behind these cross-national electricity trading simulations can not only enable the GEI transnational traders to performed daily real-time trading,but it also demonstrates the advantages of the rapid settlement of the energy currency and the realization of a stable payment in the global energy interconnection cross-border electricity trading.展开更多
Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged...Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged in technology trade, service trade and international investment, making efforts to achieve fusion and mutual promotion. Now, we are speeding up the opening展开更多
In this paper,the characteristics of digital trade in services of China are measured and revealed from the perspective of digitalization of trade in services.A digital global value chain is constructed and comprehensi...In this paper,the characteristics of digital trade in services of China are measured and revealed from the perspective of digitalization of trade in services.A digital global value chain is constructed and comprehensively analyzed at the three levels of path decomposition,two-way digital connection and bilateral connection.The study finds that the digital added value of China’s services driven by domestic demand outweighs that driven by foreign demand,and most countries engage in digital trade in services with China through simple participation;the role of China’s services in the digital global value chain is shifting from“digital value input”to“digital value output”,but its relative position is still low;China’s dependence on the import of digital intermediate products from developed countries has been significantly reduced,and the country has become the main source of digital intermediate imports for most countries,acting as a“hub”in the digital global value chain.This study comprehensively evaluates the strategic positioning and paths of integrating China’s services into the digital global value chain in multiple dimensions under the unifi ed accounting framework.It provides the reference for further improving the statistics accounting framework of China’s digital trade and promoting the high-quality development of the digital economy.展开更多
文摘Digital service trade has emerged as a pivotal engine for global economic transformation and development.However,the implementation of differentiated regulatory measures for trade in digital services among economies has led to increasingly frequent trade disputes.This paper constructs a regulatory homogeneity network for digital service trade in 60 major economies,and systematically evaluates the structural characteristics of the network and the regulatory homogeneity among economies from 2014 to 2021.Furthermore,this paper empirically examines the impact of the partnership characteristics of regulatory homogenization in the network of major economies on their exports.The analysis of the network structure shows that major economies are more inclined to optimize and simplify existing trade partnerships,and are moving towards more diversified restrictive measures in the regulatory model of digital services trade,which has led to the rise of trade protectionism.The empirical text results show that expanding and deepening the regulatory homogeneous partnership of trade in digital services promotes the export of digital services in major economies.This promotion effect is mainly achieved by reducing the cost of digital service trade and enhancing business trust.In addition,the export promotion effect of developing regulatory homogenization partnerships is better than that of increasing the openness of digital service trade,and the homogenization of policies between openness and protection is more important.This paper provides important implications for coordinating the openness and security of digital services trade:China should actively cooperate with multilateral and bilateral digital service trade partners to jointly build a homogeneous environment for regulatory regulations.In particular,it is necessary to deepen the regulatory homogeneity partnership with Asian and developing economies to expand the infl uence of the“China model”in the global regulation of digital services trade.
基金supported by the State Grid Science and Technology Project (Research on Transnational Energy Interaction Simulation and Deduction Technologies of the Global Energy Interconnection, JS71-17-004)
文摘When transnationalized electricity trade is conducted in the context of Global Energy Interconnection(GEI),the transaction settlement usually has a long cycle and high cost and is influenced by the volatility of the exchange rate.It is thus necessary to overcome the problems associated with the transaction settlement,change in the trading model data,and trading strategy in the transnational transaction deduction.To overcome the problem of trade settlement,this paper proposes the use of a digital currency(energy currency)for the cross-border electricity trading settlement based on the special drawing rights of the International Monetary Fund,which is controlled by the Global Energy Interconnection Development and Cooperation Organization(GEIDCO),to enable the proposed currency to become a stable digital currency.The traders can use the energy coins as a unit of currency for quotes,combined with the data pertaining to the changes in the energy information obtained from the GEI framework and data regarding the optimally extrapolated reference trading indicators.To realize the implementation of the multi-trader concurrent transaction deduction using a microservice architecture,this paper proposes a method of computing the microservice and synchronous interaction among the traders,based on the database table data,because the large amount of computation is required to be accomplished asynchronously with a single process.The key technology behind these cross-national electricity trading simulations can not only enable the GEI transnational traders to performed daily real-time trading,but it also demonstrates the advantages of the rapid settlement of the energy currency and the realization of a stable payment in the global energy interconnection cross-border electricity trading.
文摘Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged in technology trade, service trade and international investment, making efforts to achieve fusion and mutual promotion. Now, we are speeding up the opening
基金National Social Science Fund of China“Coupling between Value Chain and Ecological Chain,Collaboration Mechanisms,and Countermeasures”(18BJY006)Quanzhou Science and Technology Program“High-Quality Management Models of Export-Oriented Enterprises under the Withdrawal of Manufacturing:Strategies Accommodating Both Cost Control and Social Responsibilities”(2018C086R).
文摘In this paper,the characteristics of digital trade in services of China are measured and revealed from the perspective of digitalization of trade in services.A digital global value chain is constructed and comprehensively analyzed at the three levels of path decomposition,two-way digital connection and bilateral connection.The study finds that the digital added value of China’s services driven by domestic demand outweighs that driven by foreign demand,and most countries engage in digital trade in services with China through simple participation;the role of China’s services in the digital global value chain is shifting from“digital value input”to“digital value output”,but its relative position is still low;China’s dependence on the import of digital intermediate products from developed countries has been significantly reduced,and the country has become the main source of digital intermediate imports for most countries,acting as a“hub”in the digital global value chain.This study comprehensively evaluates the strategic positioning and paths of integrating China’s services into the digital global value chain in multiple dimensions under the unifi ed accounting framework.It provides the reference for further improving the statistics accounting framework of China’s digital trade and promoting the high-quality development of the digital economy.
