Making e-commerce a trillion-dollar industry will be on the agenda for a business roundtable involving Prime Minister Malcolm Turnbull ahead of the G20 summit.
The B20, held in the two days leading up to the economic leaders' summit, involves more than 800 business leaders from 32 countries and 26 international organisations.
The B20 reports on its discussions to the leaders attending the G20.
Fifteen Australian organisations and companies have registered to attend the event in the eastern Chinese city of Hangzhou including AMP, Wesfarmers, NAB, ANZ, CBA, Rio Tinto and BHP Billiton.
The prime minister, who as an entrepreneur played an early role in making the internet a business tool, will sit down with executives from Accenture, Alibaba Group, Sinochem and others on Sunday morning to discuss "robust international trade and investment".
"Australia stands ready to play our part supporting new sources of growth, including harnessing the opportunities of the digital economy in the 21st century," Mr Turnbull said ahead of the summit.
Accenture's Gianfranco Casati told the China Daily ahead of the meeting with Mr Turnbull that e-commerce was a game-changer, especially for small and medium sized businesses.
He urged G20 leaders to take up the idea of an "electronic world trading platform" to set rules for e-trade, harmonise tax arrangements and standards, and reduce compliance costs.
There was also merit in setting up electronic certification programs and fostering alternative financing such as crowdfunding.
Research by Accenture and Alibaba Group found the value of cross-border business-to-consumer e-commerce is set to grow from $230 billion in 2014 to $994 billion in 2020.
Mr Turnbull said he was attending the G20 leaders' meeting with a simple aim, "to advance reforms that will help the Australian economy grow and create more jobs."
The summit which concludes on Monday comes amid a sluggish global economy, a rise in populism driven by people feeling left out of globalisation, growing concern over violent extremism, China's muscle-flexing in the South China Sea and the US presidential election.
The prime minister, who is expected to talk with Chinese President Xi Jinping during the summit, is likely to face questions about Australia's recent blocking of Chinese investment in electricity distributor Ausgrid and rural properties.
However, Mr Turnbull will tell a summit session on Monday "everyone loses from putting up barriers" and there is a solid evidence base to gains made from free trade and easier investment flows.
Australian officials will be seeking insights on the potential impact of Britain's vote to exit the European Union.
The G20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States and the European Union.
