BUSINESS China to strengthen e-commerce statistics monitoring

BUSINESS

China to strengthen e-commerce statistics monitoring

Xinhua

19:24, December 11, 2019

(Photo: VCG)

BEIJING - China will reinforce statistical monitoring of e-commerce to make the data a reliable basis for analysis and policymaking, according to the Ministry of Commerce (MOC).

By the end of 2022, a comprehensive and advanced e-commerce statistics monitoring system will be established, as well as relevant policies, standards and evaluation systems, the MOC said in a guideline.

The government will build a complete monitoring indicator system, expand the data sources, enhance whole-process quality supervision and explore wider applications of such data.

E-commerce has become a key driver of China's retail market. Online retail sales rose 16.8 percent year-on-year to reach 7.32 trillion yuan ($1.04 trillion) in the first three quarters, MOC data showed.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue