It's been reported that China is set to complete the drafting of the country's first e-commerce law in the second half of this year.

Related organizations are said to be working on an outline for the new law, with the goal of completing that task by March.

China's booming online shopping market is faced with challenges in online transaction security, intellectual property rights protection, and the protection of consumers' rights.

The e-commerce law is going to play an important role in protecting consumers and creating a healthy market environment.