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[Ministry of Commerce: Shaping a healthy competitive landscape for e-commerce that emphasizes quality, better service, and superior supply] October 15th, at the regular press conference of the Ministry of Commerce held today, Ministry of Commerce spokesperson He Yadong introduced that it will shape a healthy competitive landscape for e-commerce that emphasizes quality, better service, and superior supply. He Yadong said that since 2013, China's online retail market has steadily ranked first in the world, and online consumption has been deeply integrated into people's daily lives. Recently, seven departments including the Ministry of Commerce jointly released the "Five Excellent" Action for Quality E-commerce, focusing on deploying 15 specific measures. With "quality" as the key word, policies are systematically implemented from the five dimensions of platform, merchants, consumers, "Silk Road E-commerce", and standards to lead the improvement and upgrading of e-commerce. He Yadong introduced that in the next step, the Ministry of Commerce will continue to work with relevant departments and localities to implement the "Five Excellent" actions to create a healthy competition pattern that emphasizes quality, superior service, and excellent supply, making it easier for consumers to discover and choose good products and services, so that merchants' investment in improving quality will be rewarded by the market, thereby further activating the consumer market, creating a virtuous cycle of "quality supply, quality service, and quality consumption" and promoting the sustainable and healthy development of China's e-commerce. (CCTV News)
#E-commerce10-15 20:18
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[Combining Leniency and Strictness to Optimize M&A Supervision, China’s First Platform Centralized Hearing Implemented] On October 10, the State Administration for Market Regulation recently held a public hearing on Meituan’s acquisition of the equity in Malt Field. This is the first public hearing in the field of concentration review in China. It is reported that the combined share of both parties in the delivery aggregation platform market exceeds 50%. Upon review, the concentration may restrict small and medium-sized merchants from independently selecting shipping capacity, crowd out third-party shipping capacity providers, and strengthen Meituan’s market control. To this end, the applicant submitted a conditional commitment plan. In order to ensure objectivity and fairness, the General Administration held hearings based on three considerations: First, it involves the interests of merchants, transport operators, riders and other parties, and opinions need to be fully listened to; second, the mechanism of damage to platform economic competition is complex and requires face-to-face cross-examination and debate; third, it is to explore public hearings and improve the level of legalization of law enforcement. The hearing was held on September 18, and invited representatives from Taobao flash sales, JD.com, flash sales, UU errands, industry associations, merchants and riders, experts and scholars to participate. All parties conducted cross-examination debates focusing on the enforceability of the commitment plan and the protection of rights and interests, and achieved the expected results. In the next step, the General Administration will adhere to equal emphasis on development and regulation, promote review in accordance with the law, protect the rights and interests of small and medium-sized merchants and riders, prevent "involution" competition, and continue to explore a public hearing mechanism. (CCTV Finance)
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[Seven departments: Strengthen the cultivation of quality e-commerce entities and coordinate the rectification of disorderly and irrational competition] On October 10, seven departments including the Ministry of Commerce issued a notice on the implementation of the "Five Excellent" actions for quality e-commerce, which mentioned that the cultivation of quality e-commerce entities should be strengthened. Make good use of platforms such as exhibitions and events, organize e-commerce platforms to focus on improving product and service quality and publicly release commitments and action plans, publish platform quality management reports, actively accept social supervision, and create a "main front" for the development of quality e-commerce. Give full play to the role of the national e-commerce demonstration base in leading, radiating and promoting quality science, carry out quality-oriented demonstration creation, strengthen credit management and classification guidance, and cultivate a number of quality benchmarking platforms that operate with integrity. Collaborate to rectify disorderly and irrational competition. Strengthen supervision and law enforcement in the e-commerce field, correct disorderly competition behaviors such as "automatically following prices" and "lowest prices on the entire network" on e-commerce platforms, standardize rules such as platform commissions and merchant ratings, and avoid squeezing the living space of quality merchants. Crack down on illegal and illegal activities such as fraud and fraud. Establish a dialogue and communication mechanism between e-commerce platforms and small and medium-sized merchants to coordinate and resolve operational difficulties and blockages, and promote win-win development for all parties.
#E-commerce10-10 10:04
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[The "15th Five-Year Plan" for the Development of Guangxi's Financial Industry was issued: Promote the cross-regional use of RMB for ASEAN] On September 19, the General Office of the People's Government of the Guangxi Zhuang Autonomous Region issued the "15th Five-Year Plan for the Development of Guangxi's Financial Industry", which stated that it will promote the cross-regional use of RMB for ASEAN. Improve the use of RMB in cross-border trade. Focus on expanding the use of RMB in areas such as bulk commodity trade, cross-border e-commerce, and border trade. Promote Guangxi to use more RMB for settlement in cross-border industrial chain supply chain cooperation with ASEAN. Explore the application of digital renminbi in cross-border settlement. Support the development of online RMB settlement of cross-border trade. Support qualified banks within the jurisdiction to lend RMB funds to ASEAN peers. Improve the use of RMB in cross-border investment and financing. Promote “online filing + instant settlement” for domestic enterprises’ investment and financing in RMB in ASEAN. Build a digital RMB trade investment and financing center for ASEAN. Promote the facilitation of RMB cross-border capital flows, innovatively support local enterprises in Guangxi to carry out direct investment, cross-border financing and other businesses in ASEAN in RMB, and encourage ASEAN enterprises to use RMB to invest and start businesses in Guangxi. Deepen cross-border financial market cooperation with ASEAN. Promote ASEAN commercial banks to access the Chinese inter-bank bond market and support the Chinese branches of ASEAN commercial banks to participate in the interbank lending market. Support the introduction of more regional trading varieties of RMB against currencies of ASEAN countries in the inter-bank market, and explore and improve the quotation and trading system of RMB against Vietnamese Dong. Support Guangxi financial institutions in establishing RMB agency banking relationships with financial institutions in ASEAN countries.
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[Ministry of Commerce: "Silk Road E-commerce" has become a new engine for high-quality joint construction of the "Belt and Road"] On September 7, the State Council Information Office held a press conference today. The relevant person in charge of the Ministry of Commerce said that in the past ten years, "Silk Road E-commerce" has become a new engine for high-quality joint construction of the "Belt and Road" and promoted new practices for the inclusive and inclusive development of global e-commerce. In the past ten years, "Silk Road e-commerce" cooperation has been extensive. China has signed e-commerce cooperation memorandums with 38 countries on five continents, deepening e-commerce cooperation with multilateral regional e-commerce cooperation such as the Shanghai Cooperation Organization, China-ASEAN, and China-Central Asia. In addition, China has promoted the establishment of nearly 200 online and offline national pavilions by platforms and localities, creating an e-commerce express for tens of thousands of high-quality specialty products from partner countries to enter the Chinese market. At the same time, e-commerce platforms are supported to establish more than 60 overseas direct procurement and supply bases, driving the development of the entire industry chain such as cross-border logistics, mobile payment, and cloud services. "Looking to China for e-commerce" has become a consensus among many countries. Wang Pengfei, head of the Department of E-commerce and Informatization of the Ministry of Commerce, introduced that the "'Silk Road E-commerce' Benefits the World" themed event launched for the first time in 2025 launched 42 cooperation initiatives, attracting the participation of more than 100 countries. It has helped more than 80,000 small and medium-sized businesses in partner countries “get on the platform and sell globally”, creating more than 100,000 direct jobs.
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[Liu Liehong investigates the market-oriented allocation reform of data elements in Guizhou Province] September 3rd, during the 2026 China International Big Data Industry Expo, from August 28 to 29, Liu Liehong, Party Secretary and Director of the National Data Administration, led a team to investigate in Guizhou Province. Judging from the survey, the Guizhou Provincial Data System insists on coordinating data development and security, intensifies innovation and exploration, and promotes the market-oriented allocation reform of data elements to achieve significant results. In terms of computing power infrastructure, the company insists on coordinating the construction of intelligent computing centers and computing power dispatching systems. The computing power scale of Guiyang Gui'an has exceeded 176,000 PFlops, and the proportion of intelligent computing exceeds 98%. The foundation for artificial intelligence development has been continuously consolidated. In terms of the development and utilization of public data resources, a medical insurance imaging cloud private network has been built that connects the provincial, municipal, county and township levels, covering 1,633 medical institutions, collecting more than 10 million pieces of imaging data, and realizing cross-hospital retrieval and reuse of imaging reports. In terms of data fusion applications and scenario construction, the company has launched an enterprise "four-factor" verification product, which has compressed the review cycle for e-commerce settlement and CA processing from seven days to seconds. It has also adopted the cross-provincial collaboration model of "Guizhou exports data and Wenzhou exports scenarios" to accurately serve the personal information of more than 700,000 Guizhou residents in Wenzhou and other places. In terms of the data annotation industry, a data set service platform has been built, with more than 700TB of corpus on the shelves, gathering more than 240 ecological partners, revitalizing the original park resources, and effectively creating local and nearby employment for more than 10,000 people. In terms of data elements empowering the development of artificial intelligence, we will deeply implement the "artificial intelligence +" action, explore the construction of "modulus factories", closely follow the "word elements - new paths to release the value of data elements", use "modulus resonance" to drive the "data flywheel" to accelerate the operation, and innovate new models of "domestic processing and cross-border services". Overall, Guizhou's synergy in computing power, data, applications, and industry has made useful explorations for the country to deepen the reform of market-oriented allocation of data elements.
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[The Ministry of Commerce and other seven departments: In-depth implementation of the high-quality development project of rural e-commerce to further stimulate the consumption vitality of sinking markets] On August 31, seven departments including the Ministry of Commerce issued implementation opinions on promoting the expansion and upgrading of commodity consumption. It mentioned that the urban and rural consumption carriers should be improved. Deepen the cultivation and construction of international consumption center cities, further promote the construction of an international consumption environment, and orderly promote the creation of national demonstration pedestrian streets (business districts). Optimize the layout of departure tax refund shops and duty-free shops. Classified policies will be implemented to support the construction and renewal of circulation infrastructure, innovation in consumption scenarios and technological innovation of circulation enterprises, promote the accelerated layout of brand chains, promote the improvement of quality and efficiency of county businesses and the transformation and upgrading of "thousands of stores", deeply implement the high-quality development project of rural e-commerce, and further stimulate the consumption vitality of lower-tier markets. Create a golden autumn consumption season during the Chinese Farmers’ Harvest Festival and cultivate new consumption scenarios such as harvest markets. We will deepen actions to improve the quality and efficiency of rural tourism and promote the standardized and quality development of key rural tourism villages and towns.