The Ministry of Industry and Information Technology publishes the “12th Five-year Plan for the Development of E-commerce”

Introduction: The “12th Five-Year Development Plan for Electronic Commerce” issued by the Ministry of Industry and Information Technology states that during the “Twelfth Five-Year Plan” period, it is necessary to deepen electronics in key industries such as raw materials, equipment manufacturing, consumer products, electronic information, and national defense technology. Business applications to improve the supply chain management of large industrial companies.

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 transform 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 among 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.