Policy digest

More support pledged for e-commerce

China will scale up measures to support the growth of cross-border e-commerce in a bid to spur the upgrading of domestic industries and boost employment, the State Council decided at an executive meeting on Wednesday.

More cities will be encouraged to launch cross-border e-commerce pilot zones on top of the 35 existing zones nationwide, according to a statement released after the meeting. Retail goods exported from the pilot zones will be exempted from value-added tax, it said, adding that the authorities will introduce simpler methods for verifying and collecting corporate income tax.