Alibaba is taking the fight to sellers of counterfeit goods and, for the first time, suing two merchants on one of its e-commerce platforms – just days after it was blacklisted by the U.S. government for hosting fake items.Shenzhen Luohu District police raided the seller on August 10, 2016 and confiscated over 125 counterfeit Swarovski watches, valuing nearly 2 million yuan, Alibaba said. Another fake Swarovski seller on Taobao was also found relating to the case during the raid. https://t.cn/RMLQ31q

【商务部电商规划:2020年交易额40万亿 从业五千万】China aims to further expand its e-commerce market and integrate it with more sectors to boost economic growth and employment. The world's largest and fastest-growing e-commerce market is expected to expand transactions to more than 40 trillion yuan (5.76 trillion USD) by 2020, up from 21.8 trillion in 2015, according to the 2016-2020 e-commerce development plan released by the Ministry of Commerce and other government departments. The booming e-commerce market will employ over 50 million people by the end of 2020, according to the plan.

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