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China's State Council has approved setting up more cross-border e-commerce pilot zones in 27 cities and regions as the government seeks to stabilize foreign trade and foreign investments. The new pilot zones, including those in Erdos in Inner Mongolia and the city of Yangzhou in Jiangsu Province, will replicate and advance the experience learned from the previous five batches of pilot zones, according to a statement released by the State Council. While trying to promote the high-quality development of trade, the cabinet also stresses efforts to ensure national security, internet security, data security, and biological security to foster an amicable business environment for market entities. |
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