The Commerce Ministry1 has set out three main development goals for the e-commerce sector2 in the next few years.
By 2020, Chinese authorities hope to have e-commerce trade volumes hit 40-trillion yuan, online retail3 sales of 10 trillion yuan and about 50 million people involved in the industry.
Qian Fangli is with China's Ministry of Commerce.
"For one thing, e-commerce will be integrated into economic activities of all sectors4 to help promote the establishment of global market of e-commerce. The development of the industry could become a key engine driving growth. For another, it helps create jobs and improve people's livelihood5."
Online retail sales through the first 9-months of this year hit 34-trillion yuan, representing growth of some 26-percent.
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