China Unveils Guidelines For Internet Finance

China has published its first guideline for the development of Internet finance. As CRI’s Luo Wen reports, the country is expecting the development of the emerging industry to help encourage innovation and entrepreneurship. The guideline was jointly released by ten central government ministries and industry regulators, including the central bank, the Ministry of Finance and the China Securities...

Chinese Government Announces New E-Commerce Guidelines for Businesses

Chinese Government Announces New E-Commerce Guidelines for Businesses – News – iResearch Consulting Group// (function () { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0];...

Global Post:China Lifts Overseas Online Shopping Transaction Limit

China lifted its overseas online transaction limit from 10,000 U.S. dollars to 50,000 dollars in an effort to support cross-border e-commerce, according to the foreign exchange regulator on Thursday. The State Administration of Foreign Exchange (SAFE) is piloting a program to allow cross-border foreign exchange payment services to facilitate overseas e-commerce transactions. Payment companies are allowed...