To Enhance E-Commerce Enabling Connectivity in Asia

Abstract

Cross-border e-commerce has been a major development trend of international trade and globalization. In the next 5-10 years, the top three fastest growing markets in the world–India, Indonesia, and Malaysia–will all come from Asia. Connectivity is the cornerstone of e-commerce development. E-commerce supporting connectivity aims to ease free information flow, logistics, free cash flow, and seamless links between the virtual and physical parts of e-commerce network. Accordingly, policy efforts include: increasing the supply of public goods to improve connectivity infrastructure in both physical world and cyberspace, establishing rules and regulations to ensure dynamics and competition of online market place, improving connectivity-drived services to generate more value added, prioritizing smartphone economy and Internet financial innovation, and collaboration in the region-wide e-commerce enabling environment.