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China: Foreign e-commerce transactions to surpass USD3 trln in 2020
(MENAFN) A report stated that, foreign e-commerce transactions in China are expected to stand at 20.5 trillion yuan (around USD3.15 trillion) in 2022.
A report from the National Intellectual Property Administration said that, China's foreign e-commerce domain has grown quickly in latest years, with small and medium-sized e-commerce platforms preserving a yearly expansion rate of 30 percent.
The report added that, foreign e-commerce platforms have played a major part in guaranteeing anti-coronavirus supplies and offering international support amidst the pandemic.
As the domain carries on growing, the report asks for international hard work to safeguard intellectual property rights to guarantee easy foreign e-commerce transactions.
A report from the National Intellectual Property Administration said that, China's foreign e-commerce domain has grown quickly in latest years, with small and medium-sized e-commerce platforms preserving a yearly expansion rate of 30 percent.
The report added that, foreign e-commerce platforms have played a major part in guaranteeing anti-coronavirus supplies and offering international support amidst the pandemic.
As the domain carries on growing, the report asks for international hard work to safeguard intellectual property rights to guarantee easy foreign e-commerce transactions.
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