BEIJING: The expansion of Pakistan’s e-commerce market and the substantial growth of its turnover are the result of the correct policies adopted by the Pakistani government led by Prime Minister Imran Khan in response to the COVID-19 pandemic, Cheng Xizhong, Visiting Professor at Southwest University of Political Science and Law, Senior Fellow of the Charhar Institute said on Sunday. “In my point of view, the expansion of Pakistan’s e-commerce market and the substantial growth of its turnover are the result of the correct policies adopted by the Pakistani government in response to the COVID-19 pandemic,” he said. This is also closely related to the cooperation between Chinese e-commerce enterprises and local partners in Pakistan, and one of the main reasons why Pakistan’s economy had recovered so quickly, he added.
Prof Cheng said, due to the COVID-19 pandemic, consumers had all shifted from offline to online purchases. As consumers continue to avoid making in-store purchases, the e-commerce market will see additional growth in the years ahead. It is predicted by some international authoritative institutions that the e-commerce market will grow by 11% per annum. In the field of e-commerce, China has been playing a leading role in the world. Due to the great role of e-commerce, China became the only country among the world’s major economies to grow positively last year despite the severe novel coronavirus pneumonia. –Agencies
