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CHENGDU, Jan. 10 (NBD) -- Cross-border e-commerce enterprises based in Hangzhou will be awarded up to 5 million yuan (722,188 US dollars) in a lump as long as their import and export volume surpasses 100 million US dollars in the first year after their settlement in the city. 

Those generating 50 million US dollars in the amount of import and export will be given up to 1 million yuan (144,437 US dollars). 

The incentive measures are included in the city's newly released implementation suggestions on speeding up the development of cross-border e-commerce.

 

Email: lansuying@nbd.com.cn

Editor: Lan Suying