Promoting Trade Development Between China and South Korea with eWTP
- DOI
- 10.2991/aebmr.k.200306.046How to use a DOI?
- Keywords
- publisher, designing, lowercase letters, Sino-Korea trade, trade structure, eWTP, cross-border e-commerce, circulation efficiency
- Abstract
After signing the FTA, China and South Korea are widely regarded as the driving force for the sustained and rapid development of Sino-Korea economic and trade relations. However, statistics show that in the past three years, the growth rate of trade between the two countries has slowed down. Apart from the political factors of the THAAD incident, the traditional trade structure and trade methods have restricted the development space of trade between the two countries. It is difficult for SME products and small batch products to trade between the two countries. As a new international cooperation platform of openness, transparency, sharing, innovation and development, eWTP can activate more trade entities to complement the needs of the two countries with cross-border e-commerce, and expand product types and frequency to tap the potential of consumer demand as well as improve circulation efficiency to realize the best shopping experience for consumers.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Mou Jinjin PY - 2020 DA - 2020/03/11 TI - Promoting Trade Development Between China and South Korea with eWTP BT - Proceedings of the 5th International Conference on Financial Innovation and Economic Development (ICFIED 2020) PB - Atlantis Press SP - 265 EP - 269 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200306.046 DO - 10.2991/aebmr.k.200306.046 ID - Jinjin2020 ER -