The Regulatory and Technological Development of Chinese E-commerce in Response to the Global Pandemic

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dc.contributorMiller, David
dc.creatorGuerrero, Francisca
dc.date.accessioned2024-02-22T16:12:45Z
dc.date.available2024-02-22T16:12:45Z
dc.date.issued2021-05
dc.description.abstractThis past year, there has been an explosive growth in e-commerce due to the COVID-19 pandemic, and China has capitalized on this more than other countries. Its GDP grew in 2019 while that of other major economies declined. This is because today’s Chinese economy can be traced to Mao Era government regulations and a Chinese Open Door Policy that ushered in outside knowledge which the government is now trying to cultivate by turning inward and focusing on national spending and growth. The Open Door Policy ‘opened’ China to foreign investments and scientific modernization leading to mass urbanization and reforms experimentally applied in SEZs that spurred industrialization. This industrialization has supported China’s transformation from a capital-oriented economy toward a knowledge-based economy. As a result, before the pandemic, China already exhibited features of an e-commerce economy such as e-payments, platforms for connecting businesses to suppliers, e-retail malls, and personalized customer service and experience. These features have benefited large technology companies like Alibaba and Tencent that now drive Chinese e-commerce by giving them access to large ‘data inflows’; however, this has also taken away government and personal privacy control. Given this background, Chinese e-commerce pre-pandemic was poised for growth in national consumption, and post-pandemic short-term and long-term changes in its e-commerce also promise future economic growth. A major part of this growth has been the government’s proactive efforts through infrastructure investments, business incentives, and overall policies to stimulate e-commerce spending which has meant uneven growth and some setbacks for China, yet also GDP growth in 2020. In this way, through overview, investigation, and analysis of a wide variety of resources such as journal articles, magazine articles, current online news articles, books, and my own internship research experience, this thesis gives the reader an understanding of China’s current e-commerce economy as well as how it may change moving forward, especially as global post-pandemic e-commerce continues to unfold.
dc.description.departmentPlan II Honors Program
dc.identifier.urihttps://hdl.handle.net/2152/123754
dc.identifier.urihttps://doi.org/10.26153/tsw/50548
dc.language.isoeng
dc.relation.ispartofPlan II Honors Theses - Openly Available
dc.rights.restrictionopen
dc.subjectChina
dc.subjecte-commerce
dc.subjectCOVID-19 Pandemic
dc.titleThe Regulatory and Technological Development of Chinese E-commerce in Response to the Global Pandemic
dc.typethesis

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