Digital Economy and Global Digital Trade

Yanqing Jiang () and Shuqing Hu
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Yanqing Jiang: Shanghai International Studies Universit, School of Economics and Finance
Shuqing Hu: Shanghai International Studies University

Chapter Chapter 2 in Digital Economy and Manufacturing, 2025, pp 29-51 from Springer

Abstract: Abstract The scale of global digital trade continues to grow. In 2021, the global e-commerce transaction volume reached 4.7 trillion U.S. dollars, accounting for more than 15% of the total global merchandise and service trade. The rapid development of digital trade benefits from the extensive application of emerging technologies such as artificial intelligence, cloud computing, and blockchain. These technologies not only reduce transaction costs but also drive the rise of new business forms such as cross-border e-commerce and digital payments. For example, cross-border e-commerce platforms like Amazon and Alibaba.com have become bridges connecting global markets, promoting the international participation of small and medium-sized enterprises.

Date: 2025
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DOI: 10.1007/978-981-95-4475-2_2

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