ABSTRACT

Since entering the period of Twelfth Five-Year Plan, e-commerce industry has been in a stage of rapid development, in which the industrial scale in rapid expansion and various types of e-commerce services companies, especially electronic payment companies, are continually emerging, which greatly promotes the development of Chinese e-commerce industry. 2013 Annual China e-commerce market data monitoring report released by China Electronic Commerce Research Center showed that: in 2013, the trading volume of China e-commerce market reached 10.2 trillion, compared with 8.5 trillion in 2012, an increase of 29.9% [1]. These achievements, thanks to those domestic companies, have raised a huge amount of development funds overseas through contractual control mode. However, in 2011, the outbreak of “Alipay incident” and the release of internal report of China Securities Regulatory Commission made the contractual control mode from the edge of laws to the cusp.