subject: In 2010 China's E-commerce Transactions Made Great Progress And Surpassed 4 Trillion Yuan [print this page] In 2010 China's E-commerce Transactions Made Great Progress And Surpassed 4 Trillion Yuan
According to Sina technology news, the Commerce Department Secretary Li Jinqi, stated today that China's e-commerce transactions in 2010 exceeded 4 trillion yuan.
In 2010 the CPC Central Committee and the State Council attached great importance to the e-commerce development, put forward clearly a positive development of the emerging e-commerce online shopping service format,and made positive efforts through the coordination with the related departments to improve electronic commerce development environment.
The Ministry of Commerce have issued related policy documents in recent years to promote the healthy development of e-commerce online shopping, to improve the e-commerce awareness of business and community, and to support enterprises to use e-commerce to improve their brand image, and cultivate rural e-commerce markets.
Yesterday, Enfodesk released data showing that in the fourth quarter of 2010, China's online payment transactions market reached 360.25 billion yuan, with 24% growth; annual transaction volume reached 1.0858 trillion yuan, with 96%. growth.
The bulk China eletronics wholesale company and discount electronics store ePathCHina CEO Yide Huang analyzed that last year the Central Bank issued a "non-financial payment service institutions management approaches" and gave legal status to third-party payment companies by way of issuing payment service licenses, and allowed payment sercvice businesses with license to join the super ebank. Stimulated by the favorable policies, third-party payment companies increased investment in the aviation, insurance, funds and other sub-industries and set up a special operations team to increase market expansion efforts.
In addition, the CEO of cheap electronics wholesale company and dropship supplier Epathchina Ltd pointed out that last year, the online shopping platform carred out a number of large-scale promotional activities,which led to the booming e-commerce market and played a direct role in promoting the size of the third party payment transactions.
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