A Study on the Integration Path of China-ASEAN Digital RMB Cross-border E-commerce in the Context of Big Data

Abstract

In the trend of the global digital economy, digital currency will become one of the important payment methods in cross-border trade in the future. Countries that are in a leading position in this technology can enhance their voice in the formulation of international rules. The development and use of digital currency by the central bank is of great significance for China to gain an advantage in international financial competition in the context of the digital age. From a key strategic partner - ASEAN as the entry point, this paper expounds the current situation of China-ASEAN cross-border e-commerce. Based on online data, this paper reveals the four problems faced by digital RMB cross-border e-commerce in the China-ASEAN framework through collection, integration and comparative analysis. On that basis, this paper makes the following suggestions: promoting the standardization of digital currency supervision, improving the "Bilateral Currency Swap Agreement", and actively carrying out international dialogue and talent exchanges, so as to help ASEAN carry out cross-border cooperation of digital RMB and cultivate the advantages of China's digital economy in the competition of cross-border e-commerce.