On October 19, 9 departments including the Ministry of Commerce issued “Opinions on Accelerating the Promotion of Technology and Business Development”, which launched 18 specific measures in terms of enabling technology to improve the quality of commodity consumption, promote the expansion of service consumption, and smooth the commercial and trade circulation chain. The reporter learned that this is China's first comprehensive and systematic document with the theme of “science and technology to develop business”. It uses scientific and technological innovation as an important driving force throughout the entire trade chain and promotes the deep integration of technology and commerce. The industry believes that the core of this document is to upgrade technology from an auxiliary tool in the field of commerce and trade to a systemic restructuring force. Fu Jiao, a special analyst at Sushang Bank, said that past policies mostly focused on “Internet+ circulation” channel development. This time, the “Opinion” was driven by new technologies such as artificial intelligence, big data, digital twins, and physical intelligence to promote the intelligence, greening, and integration of the entire commercial and trade chain. “This marks the focus of technological business development, from a single point improvement in circulation efficiency to a systematic reshaping of the entire commercial operation logic.”

On October 19, 9 departments including the Ministry of Commerce issued “Opinions on Accelerating the Promotion of Technology and Business Development”, which launched 18 specific measures in terms of enabling technology to improve the quality of commodity consumption, promote the expansion of service consumption, and smooth the commercial and trade circulation chain. The reporter learned that this is China's first comprehensive and systematic document with the theme of “science and technology to develop business”. It uses scientific and technological innovation as an important driving force throughout the entire trade chain and promotes the deep integration of technology and commerce. The industry believes that the core of this document is to upgrade technology from an auxiliary tool in the field of commerce and trade to a systemic restructuring force. Fu Jiao, a special analyst at Sushang Bank, said that past policies mostly focused on “Internet+ circulation” channel development. This time, the “Opinion” was driven by new technologies such as artificial intelligence, big data, digital twins, and physical intelligence to promote the intelligence, greening, and integration of the entire commercial and trade chain. “This marks the focus of technological business development, from a single point improvement in circulation efficiency to a systematic reshaping of the entire commercial operation logic.”