English translation of Chinese abstracts

The Development of Electronic Commerce in China;

Its e-commerce embodies the inherent characteristics of openness, globality, regionality, low cost and high efficiency, which conforms to the inherent requirements of commercial economy, and at the same time, it surpasses its value as a new trade form. It has not only changed the production, operation and management of enterprises, but also brought an impact on traditional trade methods. The most obvious sign is to increase trading opportunities, reduce trading costs and improve trading efficiency. It has led to the change of economic structure, and at the same time has had a huge and far-reaching impact on the whole modern economic life. Therefore, China's economy is developing into a big trading country, and the challenge of e-commerce must also face up to its enormous pressure and opportunities for self-adjustment in order to keep up with its rapid changes. We must vigorously develop e-commerce, seize the opportunity in the future trade competition, and have our own initiative to win the opportunity to stand on the same starting line with developed countries.