ASEAN-China Initiative on Enhancing Cooperation on E-Commerce

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ASEAN-China Initiative on Enhancing Cooperation on E-Commerce

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As one of the most dynamic economic activities globally, e-commerce has become an important channel of consumption promotion, a new format of trade development, an effective way of job creation, and a key driving force of economic growth. Having deepened integration and innovation and increased efficiency and scale, in recent years, e-commerce is playing an essential role in the digital transformation of traditional industries, the integration of developing countries and Micro, Small and Medium Enterprises (MSMEs) in global value chains, and the promotion of post-pandemic economic recovery. Meanwhile, ASEAN Member States and China are committed to promoting smooth trade, economic recovery, and people’s well-being and recognize the necessity of strengthening e-commerce cooperation to bridge the digital divide, enhance digitalization level, drive inclusive growth, and narrow development gaps in the region.

 

Download the full statement here.

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