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China to accelerate reforms on domestic trade circulation

BEIJING: China will accelerate reforms on domestic trade circulation, Vice Premier Wang Yang said here the other day.

The reform aims to realize an orderly and efficient circulation system to better serve the economy, Wang said at a meeting about pilot work on domestic circulation.

He stressed that all pilot cities should make practical arrangements and strive to make breakthroughs within a year’s time.

Emphasis will be put on realizing a united market-oriented management system, stronger infrastructure capacity, application of more information technology, fair competition between e-commerce and traditional business, new law enforcement methods, a better credit system and smooth circulation networks, Wang said.

There are nine pilot cities, including Shanghai and Guangzhou.

 

2015-08-27
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