Study On The Impact Of The B&R Initiative On China’s Cross-border E-commerce Trade

For further implementation of the CPC Central Committee and state council on the overall requirements of development of digital economy,construction of digital China,further promote the "the 14 th Five-Year Plan" high quality e-commerce development,the Ministry of Commerce and other relevant departments jointly issued the "the 14 th Five-Year Plan" e-commerce development planning in October 2021,emphasizing that China’s e-commerce must open and win-win,open up a new prospect for international cooperation.At the same time,with the deepening of the initiative,our market is gradually integrating with the international market.The trade network is gradually shaping up,but the trade environment will also be more complicated.China is facing new trade barriers.How to seize the opportunities brought by the B&R initiative and integrate into the new development pattern by the new cross-border ecommerce trade mode has become a major topics facing the cross border electricity providers in China.Therefore,the study of the impact of the B&R initiative on China’s cross-border e-commerce trade has profound significance for expanding the crossborder e-commerce trade and promoting the high quality development of cross-border e-commerce in the world.First,the theories of B&R Initiative and cross-border e-commerce are sorted out.According to the results,this study explore the mechanism of B&R Initiative to promote cross-border e-commerce trade in China from the transaction cost theory,regional economic integration theory and technology innovation theory.Secondly,B&R Initiative development is analyzed from two angles of development and important achievements.The development status of global cross-border e-commerce is detailed from two angles of trade scale and basic conditions.From three aspects of trade scale,basic conditions and international cooperation to introduce China ’s development status of cross-border e-commerce.This reveals the significance of cross-border e-commerce development.Thirdly,this study chooses the bilateral cross-border e-commerce trade between China and 165 countries in 2010-2020 as the research sample.With the help of the progressive DID model,we confirmed the impact of B&R Initiative on China’s cross-border e-commerce trade.B&R Initiative’s information infrastructure is also explored by introducing the mediator model.And whether along the B&R or the other is the virtual variable,and the DDD model is used to analyze the difference of the B&R Initiative impact on cross-border e-commerce trade.The empirical results show that:(1)B&R Initiative can significantly promote China’s cross-border e-commerce trade.Meanwhile,bilateral cross-border e-commerce trade has a positive correlation with the national net income,total population and land area of participating countries,and it is negatively correlated with the geographical distance of the two countries.(2)As the priority areas of B&R Initiative,facility connectivity does have a trade promotion effect.B&R Initiative can enhance bilateral cross-border e-commerce trade by improving the information infrastructure level of participating countries.It is incomplete mediating effect.(3)The B&R Initiative has more positive effect on cross-border e-commerce in the countries along the border than that of other countries.Finally,according to the research conclusion of this study,combined with the development of the B&R initiative and the basic conditions for the development of cross-border e-commerce in participating countries,this paper puts forward countermeasures and suggestions that we should promote B&R construction,raise the information infrastructure level of participating countries and build an international framework.