The Future of E-commerce In China
On 31 October 2016, China Daily reported that China had planned to launch its first ecommerce satellite in 2017, with the primary purpose of using satellite data in agriculture. The plan was announced during an international aviation and aerospace forum in Zhuhai, Guangdong Province, by the China Academy of Launch Vehicle Technology, China Aerospace Museum and Juhuasuan, an arm of ecommerce giant Alibaba.
In mid-December 2016, the National People's Congress (NPC) announced that the draft law for ecommerce had been submitted for review by legislators. The draft law would regulate and facilitate booming ecommerce in the country. NPC said that booming ecommerce in recent years had served to reveal loopholes in China's legal system and commercial rules. The draft law would facilitate ecommerce growth, help maintain market order and protect consumer rights....