Vice-Premier Wang Yang (3rd L back) presides over a conference on reform and development of domestic trade circulation system in Beijing, capital of China, Aug 25, 2015.[Photo/Xinhua]
BEIJING — China will accelerate reforms on domestic trade circulation, Vice-Premier Wang Yang said on Aug 25.
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.