China Backs Beijing to Pilot WTO E-Commerce Agreement

Beijing: Chinese authorities have issued a work plan to support Beijing in piloting the World Trade Organization (WTO) e-commerce agreement, according to the Ministry of Commerce on Friday.

According to Namibia Press Agency, the plan was jointly issued by five government bodies, including the ministry. It outlines 41 measures across five key areas: boosting trade digitalization, improving data governance, optimizing the digital consumption environment, enhancing transparency in telecom services, and expanding international cooperation in digital trade.

The WTO e-commerce agreement represents a significant achievement for China in the realm of multilateral digital trade rule-making and serves as a milestone in the country's ongoing efforts to pursue high-standard opening up. An official with the ministry emphasized its importance, noting that it is expected to provide a stable, transparent, and predictable regulatory environment for global digital trade and digital transformation. This initiative is anticipated to benefit consumers and businesses participating in digital trade worldwide.