The Ministry of Industry and Information Technology publishes the "12th Five-year Plan for the Development of Electronic Commerce"

On March 27, the Ministry of Industry and Information Technology released the “12th Five-Year Plan for Electronic Commerce Development” and stated that during the “Twelfth Five-Year Plan” period, it must focus on raw materials, equipment manufacturing, consumer products, electronic information, and national defense technology. In the industrial field, deepen the application of e-commerce and improve the supply chain management of large-scale industrial enterprises.

E-commerce is an effective means of reducing costs, improving efficiency, expanding markets, and innovating business models. It is an important way to meet and enhance consumer demand, increase the degree of organization of industries and resources, and change the mode of economic development. It optimizes the industrial structure and supports strategies. The development of emerging industries and the formation of new economic growth points have an important role.

The Ministry of Industry and Information Technology said that in order to fully implement the National Strategy for the Development of Informatization in 2006-2020, the Twelfth Five-Year Plan for National Economic and Social Development, and the Opinions of the General Office of the State Council on Accelerating the Development of Electronic Commerce, the The Ministry of Information Technology has formulated the “Twelfth Five Year Development Plan for E-Commerce”.

"Planning" said that during the "12th Five-Year Plan" period, it strived to quadruple the amount of e-commerce transactions and exceeded 18 trillion yuan. Among them, the scale of e-commerce transactions between enterprises exceeds 15 trillion yuan. Corporate online procurement and online sales accounted for more than 50% and 20% respectively of the total purchases and sales. In addition, in the areas of key industries such as raw materials, equipment manufacturing, consumer products, electronic information, and national defense science and technology, deepening e-commerce applications and improving the supply chain management of large-scale industrial enterprises.

The main purpose of the "planning" is to promote the standardized development of electronic trading platforms for bulk commodities, to innovate business models, and to form service forms that interact with physical transactions.

Attachment: E-commerce "Twelfth Five-year Plan" Development Plan

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