Core Insights - Digital trade in China has seen significant growth, with service imports and exports reaching 1.5 trillion yuan and cross-border e-commerce reaching 1.3 trillion yuan in the first half of the year, marking a historical high for the same period [1][2] Group 1: Digital Trade Development - The integration of digital technology and international trade is expanding trade boundaries, allowing businesses to connect directly with global consumers and transforming data into key trading assets [1][2] - The application of technologies such as big data and blockchain is innovating trade models, enabling precise matching of supply and demand, and promoting the development of digital service trade [1][2] - Digital technologies are enhancing trade facilitation by integrating into traditional trade processes, improving efficiency, and reducing costs through innovations like AI-driven virtual fitting rooms and international payment platforms [1][2] Group 2: Policy and Infrastructure - China's digital trade development is supported by strong policy initiatives, including the establishment of free trade zones and digital trade demonstration zones, which foster institutional innovation and resource aggregation [2][3] - The government is focusing on building a new generation of digital infrastructure, including big data, cloud computing, and 5G, to support trade data processing and enhance competitiveness [3][4] Group 3: Industry and Platform Development - There is a push to cultivate comprehensive digital trade platforms that integrate various functions such as supply chain finance and smart logistics, enhancing collaboration and efficiency across multinational supply chains [4] - The emphasis is on nurturing leading digital trade enterprises in sectors like cross-border e-commerce and artificial intelligence, aiming to create a robust digital trade ecosystem that connects various industry chains [4]