The Frontiers of Society, Science and Technology, 2021, 3(5); doi: 10.25236/FSST.2021.030502.
Business School, University of Shanghai for Science and Technology, Shanghai, China
The application of information technology in the economic market has brought new opportunities for the development of enterprises. In order to expand the industrial scale and improve the international status of the market, we carried out the research on the impact of cross-border e-commerce on foreign economic and trade. By analyzing the characteristics of cross-border e-commerce and the development status of foreign economic and trade market, we put forward that under the support of cross-border e-commerce, The two sides of the transaction do not need to meet through entities to conduct business transactions and business negotiations. In this process, it not only saves the transportation cost of meeting, but also saves the cost of manpower and material resources in the publicity process to a great extent. Therefore, it can be considered that cross-border e-commerce reduces the operating costs of foreign economic and trade. In addition, more and more enterprises use online transactions for resource interaction. Consumers can retrieve demand information on the Internet, and conduct capital transactions through electronic transactions and third-party platform verification, It can realize the convenience of foreign economy and trade.
cross border; Electronic Commerce; Foreign economic and trade; influence; Operating costs; Online payment
Yuqing Jiang. The impact of cross border e-commerce on foreign trade. The Frontiers of Society, Science and Technology (2021) Vol. 3, Issue 5: 7-9. https://doi.org/10.25236/FSST.2021.030502.
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