E-commerce and poverty alleviation

In the wake of information consumption’s development in China, e-commerce brings about a new idea for poverty alleviation in rural areas.

In the wake of information consumption’s development in China, e-commerce brings about a new idea for poverty alleviation in rural areas.

For the latest Cambodian Business news, visit Khmer Times Business

In recent years, some people sell local agricultural products nationwide via e-commerce platforms. It not only improves the livelihoods of impoverished people, but also contributes to the revitalization of rural areas.

According to the action plan, by 2020, 98 percent of administrative villages will have optical fiber internet access and 4G network coverage, helping more villagers out of poverty.

As China’s economy turns toward high-quality development, the country has also quickened the pace of industrial upgrading.

Information consumption can optimize and improve industries, reduce costs and promote quality, Wang said, adding it’s an important factor to boost industrial structure for higher quality development. (China Daily)

Related articles

Phnom Penh real estate stoic against crash, experts say
Jose Rodriguez

Despite predictions of a property bubble burst, the market remains strong and resilient There have been persistent speculations on an imminent crash of the property market in Phnom Penh the past few years. Since the middle of 2016, certain quarters have been saying that the real estate sector is likely to fall under its own […]