Off the wire
2nd LD Writethru: Death toll of bus collision in Pakistan rises to 30  • China sees continued surge in new firms  • Singapore to explore driverless vehicles for streets cleaning  • Urgent: Hundreds of Afghans take up arms against Taliban in northern province  • 1st LD: Explosion at BASF facility in Ludwigshafen, Germany leaves several injured  • China criticizes Slovak President's meeting with Dalai Lama  • Tailings leak in NW China pollutes 346-km waterway  • Update: At least 10 killed in suicide car bombing in south of Baghdad  • Weather forecast for major Chinese cities, regions -- Oct. 17  • Weather forecast for world cities -- Oct. 17  
You are here:   Home

China promotes e-commerce in rural areas

Xinhua, October 17, 2016 Adjust font size:

To boost rural development, China will push for faster growth of the e-commerce sector across its vast under-developed areas.

"Policy support will be given to small online retailers ... to lower their operational costs," the Ministry of Commerce announced Monday.

More will be done to support and nurture e-commerce businesses operating in rural regions, and training programs will be on offer to small business owners, according to guidance advice posted on the ministry's website.

Cooperation between e-commerce businesses and service providers that deal with rural consumers will be encouraged, infrastructure that supports or facilitates e-commerce in rural areas will be upgraded, and private investors will be encouraged to support the sector, it noted.

The document came as retail sales emerged as a major driver of China's economic growth. The country is transitioning from an export-reliant economy to a consumption-driven one. In 2015, consumption contributed 66.4 percent to China's gross domestic product (GDP), up 15.4 percentage points from 2014.

To further tap market potential, China is looking to exploit the ample retail opportunities in its underdeveloped rural areas and e-commerce sector. Endi