Smart Trade Boosts the Circle: A Preliminary Exploration of the Construction of Regional Digital Platforms for International Trade

Yichun Li

doi:10.6981/FEM.202509_6(9).0004

Authors

Yichun Li

DOI:

https://doi.org/10.6981/FEM.202509_6(9).0004

Keywords:

International Trade; Digital Platform; Economies of Scale; Network Effects; Global Value Chain; Phosphorus Chemical Industry.

Abstract

Currently, the plan for building digital platforms for international trade has been implemented in Hubei Province, with Yichang taking the lead in constructing such a platform for the Yichang-Jingzhou-Jingmen metropolitan area. As one of the hub cities in central and western China, Yichang's initiative will provide new opportunities for transformation and upgrading in the future development of regional foreign trade and its own industrial growth. This paper attempts to explain the necessity, feasibility, and subsequent operational logic of building an international trade digital platform in Yichang by integrating relevant research on digital platform construction, corporate digital transformation, and the theoretical framework of economies of scale. It will focus on discussing the impact of such a platform on Yichang's representative industry-the phosphate mining industry.

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