The Impact of Digital Trade on China’s Position in the GVC: An Empirical Analysis Based on Sino-Russian Cross-Border Panel Data

Zezhong Zhao and Guifu Gao ()
Additional contact information
Zezhong Zhao: Economics School, Jilin University, Changchun 130012, China
Guifu Gao: Economics School, Jilin University, Changchun 130012, China

Sustainability, 2024, vol. 16, issue 13, 1-22

Abstract: This study analyzes OECD input–output data and UNCTAD database information to assess the impact of Sino-Russian digital trade on China’s position in the global value chain (GVC). The findings indicate that digital trade between China and Russia enhances China’s GVC status, especially in technology-intensive manufacturing sectors, while its impact is less pronounced in non-technology-intensive sectors. The digitalization level of the service industry significantly influences its effectiveness, with stronger effects in sectors that are less digitally mature. Mechanism analysis reveals that Sino-Russian digital trade boosts GVC positions through effective technology transfer, increased capital stock, and optimized human resources. Based on theoretical and empirical analyses, deepening the digitization of the manufacturing sector, expanding the layout of digital industries, strengthening Sino-Russian digital trade cooperation, and promoting the development of a digital “Belt and Road” initiative are beneficial for enhancing China’s position in the GVC and enhancing overall prosperity. These strategies not only enhance global competitiveness but also contribute to the broader goals of sustainable development by fostering economic resilience and innovation.

Keywords: China; Russia; digital trade; GVC (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/13/5493/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/13/5493/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:13:p:5493-:d:1423995

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().