The Measurement And Influencing Factors Of China’s Digital Service Trade Position In Global Value Chain

Driven by the Internet,artificial intelligence,big data,5G and other digital technologies,the new round of technological and industrial revolution is developing in depth and the digital economy is flourishing.In this context,digital trade has emerged.Digital technology has expanded the scope of trade,improved trade efficiency and reduced trade costs,and has also facilitated the digital transformation of trade in services.Digital trade in services has now become a new competition point for international trade and a new track for the transformation and upgrading of global value chains.The development of digital trade in services is a new path for countries to participate in economic globalisation and improve their position in the global value chain.The innovation and development of digital technology has brought new impetus to global trade,and digital services trade,with data as the subject of transactions and the Internet as the transmission medium,is becoming a new trend in the development of international trade.This paper firstly analyses the development of global and Chinese digital services trade;secondly,using the latest OECD input-output tables and trade value-added accounting methods,it measures the value composition,global value chain participation and status index of China’s digital services trade,so as to analyse the current situation of China’s digital services trade participation in the global value chain division of labour;finally,a panel data regression model is established to analyse the impact of Finally,a panel data regression model is established to analyse the factors affecting the status of China’s digital services trade in global value chains,and to test and analyse the industry heterogeneity and the robustness of the model.Based on the analysis,the following conclusions are drawn: First,from the perspective of value composition,the domestic value added and foreign value added of China’s digital services trade have increased year by year;the value added of China’s digital services trade is more than that of foreign value added for exports of intermediate products;the domestic value added of various industries in digital services trade grows at significantly different rates,with the information and R&D industries growing the fastest and the cultural and entertainment and business services industries growing the slowest.Second,in terms of GVC participation indicators,the forward participation rate among China’s digital services trade industries is generally higher than the backward participation rate in the same period,with the forward participation rate broadly showing a declining and then rising trend,while the backward participation rate has seen a reverse change.Third,from the perspective of GVC status indicators,industries with higher forward participation in GVCs also have higher status indices,and there are obvious differences in GVC status among industries;fourth,the results of the empirical analysis show that GVC participation,net foreign direct investment inflow,industry competitiveness,digital infrastructure quality,R&D and innovation capacity,and trade openness have a positive effect on the improvement of GVC status of digital services trade.This paper proposes four points based on the above findings.Based on the above findings,this paper puts forward four suggestions: first,optimise the structure of digital services trade and unite various industries for synergistic development;second,strengthen the construction of digital infrastructure and expand digital R&D investment;third,improve trade openness and rationalise the use of foreign investment;fourth,improve the policy system and optimise the institutional environment.