Chinese policymakers eye e-commerce as linchpin of growth

By Gerry Shih BEIJING (Reuters) - China should support its e-commerce industry with preferential policies, given the role it plays in stimulating domestic consumption and economic growth, China's State Council said in a paper released on Sunday. The State Council's explicit support for the e-commerce industry and the development of related technologies, such as online payment processing and e-commerce logistics, comes as the country's leadership seeks to stoke domestic consumption amid slowing growth rates. China's state media has pointed to the $9.3 billion worth of goods bought on Nov. ...



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