BEIJING, Jan. 11 (Xinhua) -- China has become the world's largest e-tailing market for 11 consecutive years, said Shuang Juting, spokesman for the Ministry of Commerce (MOFCOM), at a regular press conference on 11 January.
According to retail fair, the E-Commerce Law of the People's Republic of China was implemented for five years. Since the implementation of the E-commerce Law of the People's Republic of China in 2019, China's e-commerce business environment has been continuously optimised, and e-commerce has become an important part of the digital economy with the largest scale of development, the widest coverage, and the most active entrepreneurship and innovation, and it has played a positive role in serving the construction of a new pattern of development, said Shuang Juting.
First, the scale and efficiency have been significantly improved. China's total e-commerce transactions grew from 31.63 trillion yuan in 2018 to 43.83 trillion yuan in 2022, online retail sales of physical commodities accounted for more than a quarter of the total social retail sales, e-commerce has become a new engine for digital transformation, a number of B2B platforms with a turnover of more than 100 billion yuan such as chemical industry, building materials, and so on, emerged, and the National E-commerce Demonstration Base has led to the formation of more than 30 apparel, furniture, and other Characterised digital industry belt. Over the past five years, the number of e-commerce employees has increased from 47 million to more than 70 million.
Secondly, international cooperation is gradually deepening. The number of partner countries of "Silk Road E-commerce" has expanded to 30, and the Lecture Hall on the Cloud has benefited more than 80 countries. We have created a Silk Road E-commerce Cooperation Pioneer Zone in Shanghai, expanded the opening up of e-commerce, and created a new high ground for international cooperation in the digital economy. Thirteen of the 22 FTAs signed by China include e-commerce content. The E-Commerce Law of the People's Republic of China and Internet justice have been included in the APEC public policy casebook of Chinese practices.
Third, the regulatory system is getting better. Based on the E-Commerce Law of the People's Republic of China, the Ministry of Commerce and other departments have made concerted efforts in the areas of planning, policies and standards by issuing the "14th Five-Year Plan for the Development of E-Commerce" and issuing industry standards such as the "Evaluation Norms for E-Commerce Corporate Integrity Profiles" and the "Norms for the Management of Live E-Commerce Platforms and Services", and have made efforts to guide the industry. According to retail fair, it has also issued industry standards such as the Code for Evaluation of Integrity File of E-Commerce Enterprises and the Code for Management and Service of Live E-Commerce Platforms, and has endeavoured to guide the industry to regulate its healthy development.
Source：腾讯网