ELECTRONIC WORLD TRADE PLATFORM

EWTP is an initiative that seeks to incubate eTrade rules and to promote efficient policy and business environment for cross border e-commerce including B2B and B2C development. The program aims to assess the social and economic value of eTrade in fostering small and medium-sized enterprises' participation in global value chains. Aside from incubating rules for the development of eTrade in terms of industry standards and rules, the company aims to simplify the regulations and customs processes,... the evolution of consumer protection, lowering of tariffs, harmonization of taxation, development of internet and logistics infrastructure, facilitation of flow of goods, finance, and data. EWTP identifies and shares best practices, for the development of efficient infrastructures such as cross-border eTrade hubs and experiment zones, smart logistics, credit payment, and technical assistance for emerging markets, with a view to influencing policy making and promoting inclusive eTrade. The Electronic World Trade Platform was launched in Hangzhou, Zhejiang in 2019.More