The adoption of the Internet by the Chinese government in the 1990s was part of China’s ambitious economic reform and opening up. Introducing information and communication technology was seen as a pathway toward innovation, attraction of foreign direct investment, and global competitiveness. In the past two decades, China has significantly reaped the benefits of the Internet. It is now at the forefront of digital revolution. China is moving quickly toward a cashless economy and leads the world in digital commerce, accounting for 40 percent of global e-commerce transactions.