Core Viewpoint - The "Hangzhou Initiative" provides key guidelines for the formulation of global cross-border e-commerce platform rules, addressing governance issues and establishing eight guiding principles for fair practices in the industry [1][2]. Group 1: Guiding Principles - The "Hangzhou Initiative" outlines eight guiding principles: honesty and credit, fair treatment, consistency of rights and responsibilities, adherence to proportionality, transparency, collaborative governance, convenient remedies, and public interest maintenance [1]. - The principle of "fair treatment" emphasizes that platform operators should maintain a neutral stance, ensuring equitable distribution of trading opportunities and resources, and prohibiting algorithmic discrimination or preferential treatment [2]. Group 2: Industry Context - Zhejiang province is recognized as a significant origin of e-commerce in China, with Hangzhou being the first comprehensive pilot zone for cross-border e-commerce, highlighting its importance in the global e-commerce landscape [2]. - The "Hangzhou Initiative" not only provides a normative basis for cross-border e-commerce platform governance but also supports the coordination of global digital trade rules, contributing to Zhejiang's goal of becoming a model for rule of law in China and a global digital trade center [2].