The size of China's e-commerce economy is expected to reach 47.8 trillion yuan in 2020

Absrtact: decade, Bainianshuren. 10 years ago, Taobao is only a seed of China's Internet, today, this seed has been bred to become China's economic reform leading force. Recalling the 10-year history of Taobao, it is not only a legendary story of an innovative company, but also

"Decade, Bainianshuren." 10 years ago, Taobao is only a seed of China's Internet, today, this seed has been bred to become China's economic reform leading force. Recalling the 10-year history of Taobao, it is not only a legendary story of an innovative company, but also a process of the rise of Chinese online shopping and consumption power, and a history of the rapid release of millions of network business innovation ability.

On the eve of the 10 anniversary celebrations, Alibaba Group Research Center (hereinafter referred to as the Ali Research Center) in Hangzhou, the official release of the "Growth pole: from emerging markets to the Internet economy--The Information Economy Outlook Research Report", This paper analyzes in detail the great changes of China's economy brought about by the e-commerce economy represented by Taobao.

Alibaba Group vice president, Ali Research Center Director Liang Chunxiao was entitled "Taobao ten years: E-commerce Leading economic change," the sharing. Liang Chunxiao pointed out that in the 10 years of the birth of Taobao, the Internet economy will become a new growth pole of the world economy, and E-commerce economy is becoming an important engine of China's economic development, C2B model will lead the future of E-commerce economy.

For the first time, the report presents the concept of "e-business economy". Ali Research Center Statistics, 2020, China's e-commerce economy is expected to reach 47.8 trillion yuan, close to 2012 China's total GDP of 52 trillion yuan.

In 2012, China's GDP grew 7.8% from a year earlier, below 8% for the first time in 8 years. For China's economy, which is accustomed to rapid growth, the "steady growth, transfer and structure" is both an objective and a challenge. This year's "Double 11", Taobao and Cat set a one-day turnover of 19.1 billion yuan record, November 30, Taobao and the day of the cat total trading announced a breakthrough of 1 trillion yuan, the two events of the whole society on the understanding of E-commerce has a profound impact.

Entering the 2013, the CPC's 18 major reports put forward: "Adhere to the new industrialization of Chinese characteristics, information, urbanization, agricultural modernization road." "In the new four, information technology has become a key element." This year, Alibaba Group carried out a new round of business structure and organizational adjustment, set up 25 business units, Taobao's business structure has also been subdivided into multiple units. After 10 years of transformation, Taobao has been with China's economic pulse, a total fate, become an important economic force.

The report pointed out that E-commerce economy is the core of China's internet economy, but also the basis of China's information economy. At the same time, e-commerce economy is also the effective support for China to avoid the "middle income trap", to cross the "digital divide" and to solve the "overcapacity".

"E-commerce economy is the engine that promotes China's economic development." Liang Chunxiao said that the process of his own development is also a process of continuous evolution of business ecology. In the case of network retailing, from the initial network to the emergence of the symbiotic evolution with consumers, to the network/consumer and E-commerce platform (such as Taobao/cat) symbiotic evolution between the network/consumer/platform and E-commerce service providers of symbiotic evolution, and then to the entire electricity The symbiotic evolution between the business application and the service and the whole society, and finally the life course of a vibrant commercial ecological growth and dynamic evolution.

The report predicts that in 2020, China's e-commerce economy will reach 47.8 trillion yuan, about 2012 years 5.8 times times, of which e-commerce application scale and E-commerce service scale will reach 43.8 trillion yuan and 4 trillion yuan respectively. According to Statistics of National Bureau of Statistics, China's gross domestic product (GDP) was 52 trillion yuan in 2012, which means that the concept of e-commerce economy in 2020 will be close to the 2012 GDP of China.