Blockchain Technology Has Laid A Solid Industrial Foundation for the Development of Digital Trade in China

Abstract : China should accelerate the development of digital trade and promote the construction of digital service export bases.

ChainDD
ChainDD

Sep 05

September 5 (ChainDD) According to the People's Daily, the "Digital Trade Development Trend and Frontier Summit Forum" was held on September 3.

Wong Dongtang, the deputy director of the Department of Services and Trade of the Ministry of Commerce, said that by 2025, the total import and export of China's digitized service and trade would exceed 400 billion dollars, accounting for about 50% of the total service trade.

He pointed out that China attached great importance to the development of digital trade, and clearly pointed out that China should accelerate the development of digital trade and promote the construction of digital service export bases. The rapid spread and application of emerging digital technologies such as big data, cloud computing, AI and blockchain had laid a solid industrial foundation for the development of digital trade.

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