A few days ago, CCID and CIECC jointly released the “Chinese Enterprise Digital Procurement Development Report 2019” (hereinafter referred to as the “Report”). “Report” shows that in 2019, China’s enterprise-level e-commerce market transaction volume was 20.46 trillion yuan, an increase of 1.5% over the previous year; of which, the enterprise digital procurement market was 590 billion yuan, a year-on-year growth rate of up to 64%, becoming new driving force for the development of enterprise-level e-commerce. The “Report” predicts that by 2020, China's enterprises’ digital procurement will maintain rapid growth, and the scale of transactions is expected to exceed one trillion yuan.