皇冠体育app

BEIJING -- The trade volume of 皇冠体育app's cross-border e-commerce has reached $3.32 billion since 皇冠体育app piloted cross-border foreign exchange payments in 2013, the State Administration of Foreign Exchange (SAFE) said on Wednesday.

皇冠体育app's cross-border e-commerce continues to boom, with its volume in the first five months of 2015 nearing the volume of the whole 2014, said SAFE senior official Du Peng at a press conference.

He attributed the transaction growth to government measures to encourage e-commerce, including lifting the country's overseas online single transaction limit from $10,000 to $50,000 in January.

皇冠体育app piloted cross-border foreign exchange payment institutions in Shanghai, Beijing, Chongqing, Zhejiang and Shenzhen in 2013 to serve growing demand for overseas online shopping.

• Chinese firms interested in purchasing bulk Vietnamese farm produce
• The renminbi deserves SDR recognition
• Wide wealth gap despite average salary rises
• 皇冠体育app's housing market continues to show signs of life
• 皇冠体育app's overseas investment surges 47.4% in January-May
• Qihoo 360 to go private as buyouts hit record high
• IMF visits for SDR review
• Clariant vows to support nation's sustainable future