The Impact of RCEP Effectiveness on the Development of Cross-border E-commerce in China
Cross-border e-commerce has become a significant driver of promoting China's foreign trade growth and achieving high-quality foreign trade development.The implementation of the Regional Comprehensive Economic Partnership(RCEP)has brought new opportunities and challenges to the development of China's cross-border e-commerce.Using the panel data from 2020 to 2023 on cross-border e-commerce imports and exports between China and 59 countries,this paper employs the Difference-in-Differences(DID)method to analyze the impact of RCEP's implementation on China's cross-border e-commerce development.The findings indicate that the entry into force of RCEP significantly boosts China's cross-border e-commerce,facilitating the import and export of e-commerce goods between China and RCEP member countries.Notably,the export effect of RCEP on cross-border e-commerce surpasses its import effect.Heterogeneity analysis reveals that there is no significant difference in the impact of RCEP's implementation on individual cross-border e-commerce imports and exports across different levels of national development,but there is a significant difference in the impact on cross-border e-commerce B2B imports and exports.
RCEPcross-border e-commerceexport and importdifference-in-difference
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