HANGZHOU, Sept. 27 (Xinhua) -- The global digital trade sector has demonstrated significant growth momentum, with export value rising from 4.59 trillion U.S. dollars in 2020 to 7.23 trillion U.S. dollars in 2024, achieving an average annual growth rate of 12.1 percent, according to a report released Friday in east China's Zhejiang Province.
The growth rate outpaces that of total global trade during the same period, underscoring the robust expansion of digital trade, said the report titled "Global Digital Trade Development Report 2025" unveiled at the ongoing fourth Global Digital Trade Expo in Hangzhou, the provincial capital.
The report was jointly compiled by the International Trade Centre (ITC) and the organizing committee of the expo.
The report indicates a more diversified global digital trade landscape, with the European Union, the United States, China, Britain and India ranking as the top five economies.
Notably, China's digital trade exports surged 10.7 percent year on year to 793.7 billion U.S. dollars in 2024, helping steer the global digital trade landscape toward greater diversity and balance.
The report also calls for greater support for micro, small and medium-sized enterprises and women entrepreneurs engaging in digital trade. An ITC survey revealed that women in developing countries still face barriers in international trade, while digital trade offers flexible employment opportunities, breaking time and geographical constraints.
Robert Skidmore, in charge of sector and enterprise competitiveness at ITC, urged governments, businesses and international organizations to collaborate in fostering innovation and ensuring the benefits of the digital economy reach everyone, particularly the micro, small and medium-sized enterprises in developing countries.
SOURCE/AUTHOR : XIN HUA NEWS
Xinhua News Agency
No third party should interfere in territory, maritime disputes: Chinese FM spokesperson
Xinhua News Agency
S&P Global Ratings' affirmation of China outlook reflects recognition of country's economic resilience
Xinhua News Agency
China aims to achieve breakthroughs in brain-computer interface technology by 2027
Xinhua News Agency
Rescue underway after mountain torrents leave 10 dead, 33 missing in NW China's Gansu
Xinhua News Agency
With independent customs operation, Hainan Free Trade Port poised to pioneer China's high-standard opening up
Xinhua News Agency
Xi urges all-out rescue efforts after Gansu mountain torrents cause heavy casualties
Xinhua News Agency
China activates Level-IV emergency response for flood control in 5 provincial-level regions
Xinhua News Agency
Across China: North China night market offers a cyberpunk feast for the eyes and the stomach
Xinhua News Agency
Think tank report highlights China's ecological governance innovation, global impact
Xinhua News Agency
Chinese scientists develop smart surveillance system to control mosquito-borne diseases
Xinhua News Agency
Letter from China: Robots take center stage at Beijing expo, pointing to tech revolution
Xinhua News Agency
China Focus: Paired assistance program improves access to quality health care for Xizang residents
Xinhua News Agency
Column: China-proposed global AI cooperation organization expected to narrow global tech gap
Xinhua News Agency
Factbox: China witnesses remarkable progress in data sector in 14th Five-Year Plan period
Xinhua News Agency
China urges Japan to be prudent on historical issues such as Yasukuni Shrine: spokesperson
Xinhua News Agency
Books of Xi's discourses on adhering to deepening reform comprehensively published
Xinhua News Agency
Chengdu World Games closes, highlighting inclusiveness, sustainability, innovation
Xinhua News Agency
Xinhua Headlines: Host city of 2025 World Games unfolds new vitality in opening wider to globe
Xinhua News Agency
Uzbek edition of "Xi Jinping: On Respecting and Protecting Human Rights" launched in Uzbekistan
Xinhua News Agency
China Focus: China's expanding national park system delivers breakthroughs in wildlife conservation
Xinhua News Agency
Xinhua Headlines: China's factories trade smoke for sustainability through green innovation
Xinhua News Agency
Xi urges concerted efforts for modernization when meeting representatives from across Xizang
Xinhua News Agency
Tourist train with elderly-friendly modifications departs from Harbin for grassland trip
Xinhua News Agency
Xinhua Headlines: Setting sail again from China, SCO charts course for shared future
Xinhua News Agency
Xinhua Headlines: Expo facilitates smart, green cooperation between China, Arab states
Xinhua News Agency
Update: China int'l trade representative holds talks with U.S. officials, business representatives
Xinhua News Agency
(V-Day) Xi Focus: Xi hails "unstoppable" national rejuvenation at V-Day commemorations
Xinhua News Agency
Xi Focus: Xi addresses V-Day reception, stressing justice, peace, people's strength
Xinhua News Agency
Commemorative stamps issued to mark 80th anniversary of victory against Japanese aggression, fascism
Xinhua News Agency
Xinhua Headlines: Xi makes three proposals at virtual BRICS Summit to cement solidarity, advance cooperation
Xinhua News Agency
Solar panels light the way to rural revitalization in China's Qinghai-Tibet Plateau
Xinhua News Agency
Over 2,000 exhibitors join expo highlighting vitality of China's culture, tourism industries
Xinhua News Agency
Sand control projects launched to improve ecological environment of Kubuqi Desert in Inner Mongolia
Xinhua News Agency
China Focus: 2,200-yr-old engraved stone discovery illuminates Chinese civilization on
Xinhua News Agency
Xinhua Commentary: Free trade, AI make China-ASEAN economic cooperation closer, more fruitful
Xinhua News Agency
Major Xinjiang port handles over 7,000 China-Europe freight train trips this year
Xinhua News Agency
SichuanMosaics | First mountain and lake circling festival of Lugu Lake kicks off in SW China's Sichuan
Xinhua News Agency
China's V-Day commemorations enhance confidence in advancing national rejuvenation: Xi
Xinhua News Agency
China's Hani terraces illustrate the Chinese philosophy of living in harmony with nature
Xinhua News Agency
Xinhua Headlines: Chinese commemorate outbreak of war against Japanese aggression with hopes for peace
Xinhua News Agency
Explainer: Why the September 18th Incident was a key event in the World Anti-Fascist War
Xinhua News Agency
Economic Watch: U.S. high-tech firms upbeat about manufacuture investment in China
Xinhua News Agency
Xinhua Headlines: Jingdezhen: China's ancient porcelain capital turns young and chic
Xinhua News Agency
Xi leads central delegation to Urumqi for 70th anniversary of Xinjiang Uygur Autonomous Region
Xinhua News Agency
South China's Guangdong raises emergency response to highest for approaching typhoon
Xinhua News Agency
Xi's Album | Xi leaves for Beijing after attending celebrations for Xinjiang Uygur Autonomous Region's 70th founding anniversary
Xinhua News Agency
Xi attends grand gathering in celebration of Xinjiang Uygur Autonomous Region's 70th founding anniversary
Xinhua News Agency
13th China (Mianyang) Science and Technology City Int'l High-Tech Expo opens in China's Sichuan
Xinhua News Agency
Xinhua Headlines: World's highest bridge opens to traffic in China's mountainous southwest
Xinhua News Agency
China Focus: Million-year-old skull from central China rewrites human evolution timeline
Xinhua News Agency
Update: China expected to handle 2.36 billion passenger trips in upcoming holiday
Xinhua News Agency
Update: China's water conservancy investment to exceed 5.4 trln yuan during 2021-2025 period
Xinhua News Agency
China Focus: Honoring WWII victory, China gains strength for national rejuvenation
Xinhua News Agency
GLOBALink | African attendees to internet forum seek deeper cooperation with China
Xinhua News Agency
China Focus: Innovative cultural tourism heats up China's eight-day holiday market
Xinhua News Agency
China's transportation network sees travel peak on 1st day of National Day holiday
Xinhua News Agency
China achieves milestone in compact fusion project with key component installation
Xinhua News Agency
Xinhua Headlines: From logging to guardianship: How China protects green source of its
Xinhua News Agency
China's 2025 box office surpasses 2024's full-year gross, with local films dominating
Xinhua News Agency
GLOBALink | Global insiders discuss circus arts and performance in China's circus festival
Xinhua News Agency
Xinhua Headlines: How small county in north China becomes magnet for global acrobats
Xinhua News Agency
Enhe Village in China's Inner Mongolia draws tourists with blend of Chinese-Russian culture
Xinhua News Agency
Tourist destinations across China see surge in visitors during National Day holiday
Xinhua News Agency
Economy&life | Eight-day holiday in China sees unprecedented people flows, consumption nationwide
Xinhua News Agency
Xinhua Headlines: Gaza conflict -- Two years of devastation and dim prospects ahead
Xinhua News Agency
60"FlyOverChina | Nature's red carpet unrolled: Biodiversity haven in Shandong's coastal wetlands
Xinhua News Agency
Xinhua Headlines: Surge in Chinese holiday travelers boosts European tourism, cultural exchanges
Xinhua News Agency
China logs 2.4 billion cross-regional passenger trips during holiday travel surge
Xinhua News Agency
Column: From Beijing to Beijing: 30 years on, the song of women's empowerment rings clearer and louder
Xinhua News Agency
Participants attend opening ceremony of Global Leaders' Meeting on Women in Beijing
Xinhua News Agency
China Focus: 2,300-year-old Chinese silk manuscripts finally return home after decades abroad
Xinhua News Agency
Xinhua Commentary: More joint action needed to promote women's development worldwide
Xinhua News Agency
Across China: Beyond the steel span -- world's highest bridge uplifting China's mountainous southwest
Xinhua News Agency
Economic Watch: China's core inflation hits 19-month high, signaling firmer domestic demand
Xinhua News Agency
Explainer: How China fosters growth, innovation amidst global uncertainties through past Five-Year Plan
Xinhua News Agency
Xinhua Headlines: China's economy shows stable growth trend with positive factors accumulating
Xinhua News Agency
Xinhua Headlines: CPC plenum concludes, adopting recommendations for China's 15th Five-Year Plan
Xinhua News Agency
Chinese scientists make breakthroughs in longer-lasting, safer solid-state batteries
Xinhua News Agency
Chinese, African experts join force to advance collaboration on food security, agricultural modernization
Xinhua News Agency
Xinhua Headlines: Charting a new chapter for Asia-Pacific development through unity, responsibility
Xinhua News Agency
Economic Watch: FAW-Volkswagen marks 30 millionth car as China's auto confidence grows
Xinhua News Agency
Xi says China ready to work with Japan to build constructive, stable bilateral relations
Xinhua News Agency
Xi says China ready to strengthen synergy of development strategies with Thailand, share development experience in new era
Xinhua News Agency
Three Gorges project generates over 423 bln kWh of electricity in past five years
Xinhua News Agency
GLOBALink | Scholars explore global perspective on China's war of resistance against Japanese aggression
Xinhua News Agency
Chinese scientists conduct detailed analysis of key water source in Qinghai-Tibet Plateau
Comments (0)
No comments yet. Be the first to comment!
Leave a Comment