商业银行数字化转型与跨境贸易人民币结算  

Digital Transformation of Commercial Banks and Cross-border Trade RMB Settlement

作　　者：张坷坷 杨措 王雅琦[1] 谭小芬 ZHANG Keke;YANG Cuo;WANG Yaqi;TAN Xiaofen

机构地区：[1]中央财经大学金融学院 [2]青海民族大学经济与管理学院 [3]北京航空航天大学经济管理学院

出　　处：《世界经济研究》2025年第3期18-32,M0002,共16页World Economy Studies

基　　金：国家社会科学基金重大项目“负利率时代金融系统性风险的识别和防范研究”(项目编号:20&ZD101)、国家社会科学基金重点项目“稳慎推进人民币国际化的策略和路径”(项目编号:21AZD066);北京社会科学基金重点项目“强大国内市场对制造业企业参与‘双循环’新发展模式的影响及机制研究”(项目编号:22JJA006)资助。

摘　　要：文章基于独特的省份-国家层面的跨境贸易人民币结算数据,通过构建省份层面的商业银行数字化转型指数,考察2012—2019年商业银行数字化转型对跨境贸易人民币结算的影响。研究结果发现,商业银行数字化转型可以显著提升跨境贸易人民币结算的规模和份额,且对融资约束较高的省份以及与中国双边贸易关系和政治关系更加密切的国家和地区促进作用更大。机制分析表明,商业银行数字化转型主要通过跨境贸易“量”的增加与“质”的提升共同促进跨境贸易人民币结算,具体表现为商业银行数字化转型能够通过促进贸易市场份额与贸易产品竞争力进而促进跨境贸易人民币结算。进一步分析表明,跨境电商的发展能够显著增强商业银行数字化转型对跨境贸易人民币结算的促进作用。文章厘清了商业银行数字化转型与对外贸易人民币结算之间的影响机理,对进一步促进数字金融服务跨境贸易,推动数字经济与实体经济的深度融合具有重要意义。This article uses unique provincial-level cross-border trade RMB settlement data from2012to2019to examine the impact of the digital transformation of commercial banks on cross-border trade RMB settlement in each province.The results show that the digital transformation of commercial banks can significantly increase the scale and share of RMB settlement in cross-border trade.It also has a greater promoting effect in regions with higher financing constraints and in countries with closer bilateral trade and political relations with China.Mechanism analysis shows that the digital transformation of commercial banks mainly promotes cross-border trade settlement in RMB through two key effects,namely increasing trade volume and improving trade quality.Specifically,the digital transformation of commercial banks promotes the increase of trade market share and product competitiveness by improving the availability of RMB,thereby facilitating cross-border trade settlement in RMB.Further analysis shows that the development of cross-border e-commerce can significantly enhance the promotional effect of commercial banks′digital transformation on cross-border trade RMB settlement.This study clarifies the impact mechanism between the digital transformation of commercial banks and RMB settlement in foreign trade,which is of great significance for further promoting financial services to support the real economy and for promoting high-level financial openness.It is of great significance to further promote cross-border trade through digital financial services and promote the deep integration of the digital economy and the real economy.

关 键 词：商业银行数字化转型 跨境贸易人民币结算 贸易市场份额 产品竞争力 

分 类 号：F832.2[经济管理—金融学]