Fruit from Thailand on display at the 21st China-ASEAN Expo in Nanning, southwest China's Guangxi Province, September 25, 2024. /CFP
In a world increasingly shaped by technology, digital economies have become key drivers of growth and cooperation. The partnership between China and ASEAN, rooted in shared history and geography, is now propelled by this transformative force. As both regions integrate more digital solutions – spanning e-commerce, digital payments, and AI innovations – they are unlocking new avenues for trade, industry, and people-to-people exchanges.
Digital trade has been a catalyst in enhancing the China-ASEAN relationship. E-commerce platforms allow businesses to overcome traditional trade barriers, enabling seamless exchanges of goods such as Chinese electronics and ASEAN agricultural products. Recent data shows a robust annual growth of over 20 percent in China-ASEAN cross-border e-commerce. With trade volume reaching $797.63 billion in the first 10 months of 2024, China and ASEAN have been each other's largest trading partners for four consecutive years.
Beyond trade, the digital economy is catalyzing industrial upgrades. While China leads in technological development, ASEAN brings to the table unique market needs and abundant resources. This combination fosters a digital transformation across sectors – from manufacturing, where industrial internet boosts production efficiency, to agriculture, where precision farming elevates value-added products.
At the heart of this collaboration is digital infrastructure. With China's advancements in 5G networks and data centers, the two regions are bridging the digital divide. Joint projects, like undersea cables and land-based communication upgrades, are enhancing connectivity, driving data flow, and supporting economic integration.
The ripple effects extend across sectors. From healthcare to education and culture, digital tools enable stronger connections. Students across China and ASEAN now access shared online resources, cultural exchanges flourish on social media platforms, while telemedicine is improving healthcare accessibility.
Furthermore, the digital economy nurtures human capital development. Collaborative programs between universities in China and ASEAN are producing a new wave of highly skilled workers who can sustain and accelerate the digital revolution.
Looking ahead, China and ASEAN's digital cooperation is poised for even greater heights. As both sides deepen their engagement, they're laying the groundwork for a more interconnected and technologically advanced future, one that could become a model of digital economic collaboration on the global stage.