China's Nine Ministries Unveil 18 Measures to Boost Commerce Through Technology, Giving Nearly 56 Million Individual Businesses Access to Low-Cost AI Tools
· Source: finance.biggo.com
In short
China's Ministry of Commerce and eight other departments issued the Opinions on Accelerating the Advancement of Technology-Driven Commerce, setting out 18 measures across six areas to make the commerce chain more intelligent, green and integrated. The policy targets the roughly 56 million self-employed operators in wholesale, retail, accommodation and catering by opening low-cost tools such as smart cash registers, foot-traffic analytics and inventory management through Commercial Technology Application Innovation Centers. It also promotes AI Plus Manufacturing, consumer-to-manufacturer models, digital-intelligent supply chain leaders and fiscal, financial and talent support.
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Tags: retail, SMEs, supply chain, inventory management, policy, automation