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Shanghai aims to double e-commerce sales by 2015
By Wang Yanlin |
December 22, 2011, Thursday
|
Online Edition
Online Edition
SHANGHAI listed the growth of e-commerce as an important component to make the city a global trading center, and it expected to double e-commerce sales to 1.2 trillion yuan (US$190.4 billion) by 2015, the Shanghai Commission of Commerce said today.
E-commerce sales in the city rose 16-fold to 425.3 billion last year from that in 2002. In the first half of this year, it increased to 249.5 billion yuan, up 24.8 percent from a year earlier despite a cooling economy.
"The Shanghai government pays close attention to the growth of e-commerce," said Sha Hailin, the commission's chairman. "It is an industry of the future and it also triggers reforms in many other industries."
Sha said e-commerce, referring to business conducted online, has become an important component to make Shanghai a global trading center. It helps to accelerate the city's economic restructuring, foreign market exploration and new job creation.
Last month, the National Development and Reform Commission and the Ministry of Commerce honored Shanghai as a national model city for e-commerce development.
E-commerce sales in the city rose 16-fold to 425.3 billion last year from that in 2002. In the first half of this year, it increased to 249.5 billion yuan, up 24.8 percent from a year earlier despite a cooling economy.
"The Shanghai government pays close attention to the growth of e-commerce," said Sha Hailin, the commission's chairman. "It is an industry of the future and it also triggers reforms in many other industries."
Sha said e-commerce, referring to business conducted online, has become an important component to make Shanghai a global trading center. It helps to accelerate the city's economic restructuring, foreign market exploration and new job creation.
Last month, the National Development and Reform Commission and the Ministry of Commerce honored Shanghai as a national model city for e-commerce development.
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