China to further develop eCommerce

In 2022, China’s digital economy surpassed 50 trillion yuan for the first time, accounting for 41.5% of the country’s gross domestic product. — China Daily

SHANGHAI: More measures are in the pipeline to boost the development of eCommerce, which plays a vital role in driving the growth of the real economy, promoting trade, and boosting capital flows, officials and experts say.

Speaking during the China eCommerce Convention, a sub-forum at the ongoing 2023 China International Fair for Trade in Services in Beijing, Chen Chunjiang, Assistant Minister of Commerce, emphasised the importance of fostering a deep integration between eCommerce platforms and the real economy.