Deep Tide TechFlow news: On July 09, the Ministry of Commerce and 9 other departments issued an opinion on accelerating innovative development in the retail industry. It mentioned improving digital and intelligent capabilities. Support the digital transformation of retail business entities, enabling end-to-end digitalization across procurement, inventory, sales, and logistics and distribution, and integrating online and offline channels, products, services, and data.

Encourage platforms to provide technological enablement and resource sharing for small and medium-sized retail business entities. Support third-party technology companies in developing digital management systems for small and medium-sized retail business entities, and provide comprehensive solutions.

Promote “Artificial Intelligence +”, and expand scenarios such as intelligent shopping guides, low-altitude delivery, and unmanned vending. Promote the use of digital RMB in linkages such as the issuance and settlement of consumer vouchers, relying on digital RMB smart contracts to enable efficient turnover and precise delivery of subsidy funds.