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The Development Status of World Network Trade

Source: Shangpin China | Type: website encyclopedia | Time: October 17, 2014
Network trade has developed very rapidly in just a few years since its inception. According to the estimation of relevant experts, at present, the world's commodity trade volume through online trade is about 50 billion dollars. It is estimated that by the beginning of the next century, the number of people's computers in the world will reach 300 million, and the world's online trade volume will reach about 300 billion dollars. In addition, according to the World Trade Organization (WTO), by 2002, international trade through the Internet may account for 10-15% of the total world trade. According to the current development momentum of online trade, in the next 10 years, one third of the world's international transactions will be completed in the form of online trade. With the accelerating process of world economic globalization, the proportion of world import and export trade completed through online trade will gradually increase.
 
Although online trade has just started, its role is unexpected. According to a research report on "online trade and the role of WTO" issued by the Secretary General of the World Trade Organization (WTO), online trade is expected to significantly promote the development of international trade and will bring great changes to the development of the service industry.

In order to promote the development of online trade, the Second Ministerial Conference of the World Trade Organization made a decision not to impose tariffs on online trade between now and the next Ministerial Conference. This decision will make online trade a real "non tax area" in the field of international trade, and will greatly promote the development of online trade. In addition, a ministerial meeting attended by more than 40 countries was held in Bonn, Germany, in July 1997. The meeting discussed the issue of regulating the online business market. The participating countries agreed to uphold the principle of free trade in international online trade activities, and countries should not set tariff barriers on their own. The United States is the largest user of the Internet. U.S. Trade Representative Balshevsky said that in 1997, the U.S. trading volume on the Internet reached 8 billion dollars, which is expected to reach 320 billion customs dollars by 2002. The United States has been actively promoting online trade into the agenda of WTO negotiations. It is expected that online trade will probably become a major part of WTO negotiations. One of the new topics in the Millennium Round negotiations that began in.

Network trade is a revolution launched by the progress of information technology in the nine trade domains. The rise and development of online trade has brought unlimited business opportunities to many enterprises. Therefore, enterprises in many countries have rapidly changed their business ideas and policies, and put their business operations on the track of the Internet in time, so that enterprises can gain a favorable position in the international competition in the 21st century. According to statistics, since 1995, North America The number of enterprises joining the Internet in Western Europe and Japan has doubled every month. At the same time, in order to obtain greater business profits, many enterprises have spared no effort to invest in expanding the Internet to compete. 1996. The investment of large American enterprises in expanding the Internet reached $4.4 billion, an increase of 50% over the previous year. It is expected that by 2000, the number of investors in this field will reach 20. US $100 million.

Networked trade has pushed the business competition between countries to the front end of high-tech. More and more countries (including the third world countries) realize that it is an indisputable fact that an open economy promotes the borderless business competition. Therefore, the modernization of information technology is realized, It is an important guarantee for Lvde to take the initiative in global online trade. African countries that have shown signs of economic recovery in the past two years are absorbing the experience of other countries and regions, and promoting the revitalization of the regional economy by developing information technology at a new height. At present, among 54 countries or regions in Africa, Forty four countries or regions have established partial or complete links with the Internet, and some of them have begun to use the Internet to talk to the international market. International economic experts believe that from a world perspective, networked global trade can provide emerging countries with more opportunities to exert their own resource advantages, and networked economy makes it possible for developing countries to enter a broader new world of world trade.

The rise and development of online trade is the manifestation of the globalization of the world economy and the product of the current vigorous liberalization of international trade. It can be predicted that the development of online trade will greatly promote the healthy development of world trade.
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