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RealTime IT News

China Considers Nationwide E-Commerce Framework

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.

Only 10 percent of China's state-run firms run computer networks which can be used for digital business, it quoted Rong Zhaoxia, an official in the State Economic and Trade Commission's Trade Department, as saying.

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.