Backing for e-commerce lifts equities
Print Edition
SHANGHAI stocks rose yesterday as policy-makers’ new stimulus measures boosted the e-commerce sector.
The Shanghai Composite Index gained 0.41 percent to 3,825.78 points.
China will enhance its e-commerce industry by simplifying administrative procedures and developing links between e-commerce companies and sectors including trade, finance and manufacturing, the State Council said after a meeting presided by Premier Li Keqiang on Wednesday. The government will also implement higher legal and credit standards over online shopping to crack down on cyber crimes so that the e-commerce sector will become attractive for entrepreneurship.
Datang Telecom Technology Co surged 9.13 percent to 28.44 yuan (US$4.59), and Shanghai Potevio Co rallied 9.11 percent to 27.08 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
