China Considers Nationwide E-Commerce Framework
Page 1 of 1
China is considering development of a framework to speed deployment of electronic commerce and step up its digital economy, the China Daily reported.
"China's e-commerce is still in an embryonic and exploratory stage," Ministry of Information Industry official Zhang Baotai was quoted as saying in a Reuters report.
Developing e-commerce in China would be a colossal project requiring the formulation of new laws, policies and technical skills, Zhang told the newspaper.
Zhang said China would "blaze its own trail" in developing e-commerce using existing network facilities. The ministry has increased co-operation with other government departments to draft standards and ensure the orderly growth of e-commerce, the newspaper said.
The Ministry of Trade and Economic Cooperation (MOFTEC) runs China's first large-scale e-commerce Web site for foreign firms interested in investing in China. MOFTEC established the China International Electronic Commerce Centre in 1996 to research and promote digital business.