The shar­ing econ­omy

China's Foreign Trade (English) - - Special Report -

【Pre­mier’s work re­port】To sup­port and guide the de­vel­op­ment of shar­ing econ­omy to en­able greater ef­fi­ciency in the use of re­sources and bring greater con­ve­nience to peo­ple.

【In­ter­pre­ta­tion】Ac­cord­ing to Cao Lei, shar­ing econ­omy may mas­sively ac­ti­vate eco­nomic sur­plus to stim­u­late eco­nomic ef­fec­tive­ness, which will in­ject pow­er­ful fresh drive to eco­nomic growth and which helps the Chi­nese econ­omy to re­al­ize “en­gine shift” by turn­ing the ser­vice sec­tor into the “ma­jor en­gine” for eco­nomic growth. More­over, the shar­ing econ­omy wave is sweep­ing across the world and the num­ber of plat­form com­pa­nies keeps in­creas­ing. As the shar­ing sec­tors are ex­pand­ing and the mar­ket scale is grow­ing rapidly, a batch of “uni­corn” com­pa­nies has sprung up and in­dus­trial com­pe­ti­tion is be­com­ing fiercer with chang­ing com­pe­ti­tion pat­tern.

E-com­merce in ru­ral ar­eas

【Pre­mier’s work re­port】To fa­cil­i­tate the com­mu­ni­ties and ru­ral ar­eas have bet­ter ac­cess to e-com­merce and ex­press de­liv­ery ser­vices .

【In­ter­pre­ta­tion】Ac­cord­ing to Cao Lei, de­mands in the ru­ral mar­ket have been sup­pressed due to the small num­ber of phys­i­cal stores, thus re­leas­ing de­mands of the ru­ral mar­ket plays a sig­nif­i­cant role in ex­pand­ing do­mes­tic de­mands and boost­ing econ­omy. Con­se­quently, it is of no doubt that the State will greatly sup­port e-com­merce in the ru­ral ar­eas. Driven by poli­cies, the govern­ment will con­tinue o sup­port ru­ral e-com­merce to drive the ru­ral econ­omy and will push for­ward com­mer­cial­iza­tion of farm prod­ucts, ru­ral in­dus­trial prod­ucts and ru­ral tourism ser­vice. And the re­tail vol­ume in the ru­ral ar­eas will con­tinue to in­crease. Against such a back­drop, the China E-busi­ness Re­search Cen­ter is com­pil­ing In­ter­net + Agri­cul­ture, the first work re­gard­ing ru­ral e-com­merce in China, and the In­ter­net e-com­merce com­pa­nies as well as com­pa­nies re­lated with agri­cul­ture and farm prod­ucts along the in­dus­trial chain are highly ap­pre­ci­ated for pro­vid­ing cases, among which the ex­cel­lent cases will be se­lected as re­search ex­am­ples.

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