100% stake in e-commerce trade studied
Print Edition
OVERSEAS investors will in future be able to take a 100 percent stake in the online transaction and data process business in Shanghai’s free trade zone as China plans to fully open the e-commerce sector there, the Ministry of Industry and Information Technology said yesterday.
The move is expected to spur the booming cross-border e-commerce sector, the ministry said in a statement, adding that the Shanghai Communications Administration will take charge of trailing the new policy.
Overseas e-commerce firms like Amazon.com are set to expand business in China through the FTZ. Amazon aims to offer consumers access to all products through its overseas sites and allow Chinese sellers to access the company’s global customer base.
But the ministry didn’t elaborate on details of the new policy.
In 2014, China’s import e-commerce dealings were expected to reach 128.9 billion yuan (US$20.8 billion), up 60 percent, said Analysys International, a Beijing-based IT consulting firm.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
