City Mulls Monetary Rewards for E-Commerce Firms that List, Grow Large

(Beijing) – The government of Guangzhou has said it is mulling ways to financially reward e-commerce companies that list on stock markets or grow large in a bid to give a boost to the industry in the major southern city.

The proposals for using money in a special fund set up to boost the e-commerce industry were contained in a document the city government's finance bureau published on its website on November 4 so the public could provide its feedback.