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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">42960</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2024-32-4-687-708</article-id><article-id pub-id-type="edn">LQEVQJ</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Industrial organization markets</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Экономика отраслевых рынков</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Analysis of the e-commerce market in China</article-title><trans-title-group xml:lang="ru"><trans-title>Анализ особенностей рынка электронной коммерции в Китае</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-9074-1707</contrib-id><contrib-id contrib-id-type="spin">6339-6810</contrib-id><name-alternatives><name xml:lang="en"><surname>Goloventchik</surname><given-names>Galina G.</given-names></name><name xml:lang="ru"><surname>Головенчик</surname><given-names>Галина Геннадьевна</given-names></name></name-alternatives><bio xml:lang="en"><p>Candidateof Economic Sciences, Associate Professor, Associate Professor of the Department of International Economic Relations, Faculty of International Relations</p></bio><bio xml:lang="ru"><p>кандидат экономических наук, доцент, доцент кафедры международных экономических отношений факультета международных отношений</p></bio><email>goloventchik@bsu.by</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Meng</surname><given-names>Zimin</given-names></name><name xml:lang="ru"><surname>Мэн</surname><given-names>Цзыминь</given-names></name></name-alternatives><bio xml:lang="en">postgraduate student of the Department of International Economic Relations, Faculty of International Relations</bio><bio xml:lang="ru">аспирант кафедры международных экономических отношений факультета международных отношений</bio><email>mengzimin1201@gmail.com</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Belarusian State University</institution></aff><aff><institution xml:lang="ru">Белорусский государственный университет</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2024-12-15" publication-format="electronic"><day>15</day><month>12</month><year>2024</year></pub-date><volume>32</volume><issue>4</issue><issue-title xml:lang="en">TRENDS, STRATEGIES AND MANAGEMENT PROBLEMS  IN THE CONTEXT OF GLOBAL DIGITAL TRANSFORMATION</issue-title><issue-title xml:lang="ru">ТРЕНДЫ, СТРАТЕГИИ И ПРОБЛЕМЫ УПРАВЛЕНИЯ  В УСЛОВИЯХ ГЛОБАЛЬНОЙ ЦИФРОВОЙ ТРАНСФОРМАЦИИ</issue-title><fpage>687</fpage><lpage>708</lpage><history><date date-type="received" iso-8601-date="2025-02-21"><day>21</day><month>02</month><year>2025</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2024, Goloventchik G.G., Meng Z.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2024, Головенчик Г.Г., Мэн Ц.</copyright-statement><copyright-year>2024</copyright-year><copyright-holder xml:lang="en">Goloventchik G.G., Meng Z.</copyright-holder><copyright-holder xml:lang="ru">Головенчик Г.Г., Мэн Ц.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/42960">https://journals.rudn.ru/economics/article/view/42960</self-uri><abstract xml:lang="en"><p>The rapidly spreading digital technologies have destroyed traditional ways of doing business, giving birth to a new business model - e-commerce, which has become a crucial feature of international trade. Currently, global e-commerce, as an innovative tool for cross-border purchase and sale of goods and services, provides almost unhindered access to international markets, facilitates business transactions, and responds quickly and easily to changes in consumer demand. E-commerce has become the backbone of China’s economy; it has changed the country’s economic landscape, reaching CHY 44 trillion, accounting for 27.6% of retail sales. The features of e-commerce enable residents of remote rural areas to purchase the same goods at the same price on the same platform as metropolis residents. China’s e-commerce has allowed millions of small and medium-sized enterprises to adapt to changes in market conditions and become exporters by joining the platforms of leading companies JD, Pinduoduo, Taobao, Tmall, etc. The experience of China is a useful lesson for most developing countries, which could also use e-commerce to guarantee their economic growth provided that they adopt the right policy and invest in digital infrastructure. The theoretical and practical signifi of studying Chinese experience in developing the ecommerce market, as well as insuffi research and incomplete comprehensive analysis of its functioning and immediate prospects in modern international economic relations, make the research topic relevant. The article analyzes the change in the volume of e-commerce transactions in China in the B2C and B2B sectors; traces the dynamics of cross-border ecommerce; identifi factors infl the rapid growth of the Chinese e-commerce market; defi the prospects for the development of Chinese e-commerce; basing on Chinese experience, highlights the factors that can stimulate the growth of the e-commerce market in the Republic of Belarus and the Russian Federation.</p></abstract><trans-abstract xml:lang="ru"><p>Развитие электронной коммерции как инновационного инструмента осуществления трансграничной купли-продажи товаров и услуг обеспечивает практически беспрепятственный доступ к международным рынкам, облегчение деловых операций, быструю и легкую реакцию на изменение потребительского спроса. Став основой экономики Китая, электронная коммерция достигла 44 трлн юаней в год, составив 27,6 % от всех розничных продаж, и значительно изменила экономический ландшафт страны. Исследование направлено на изучение опыта Китая и всесторонний анализ функционирования и ближайших перспектив рынка электронной коммерции. Проанализировано изменение объема транзакций электронной коммерции в Китае в секторах B2C и B2B. Прослежена динамика трансграничной электронной коммерции. Выявлены факторы, оказывающие влияние на быстрый рост китайского рынка электронной коммерции, определены перспективы развития. Исходя из китайского опыта выделены факторы, которые могут стимулировать рост рынка электронной коммерции в Республике Беларусь и Российской Федерации.</p></trans-abstract><kwd-group xml:lang="en"><kwd>digital economy</kwd><kwd>e-commerce</kwd><kwd>China</kwd><kwd>social networks</kwd><kwd>fast trade</kwd><kwd>e-commerce platform</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>цифровая экономика</kwd><kwd>электронная торговля</kwd><kwd>Китай</kwd><kwd>социальные сети</kwd><kwd>быстрая торговля</kwd><kwd>платформа электронной коммерции</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Bin, Q., Chen, Sh.J., &amp; Sun, Sh.Q. (2003). Cultural differences in E-commerce: A comparison between the U.S. and China. Journal of Global Information Management, 11(2), 48–57. https://doi.org/10.4018/jgim.2003040103</mixed-citation><mixed-citation xml:lang="ru">Беляцкая Т.Н. 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